Q.61)-Net National Product of a country is-
  • GNP minus depreciation
  • GDP plus net income from abroad
  • GNP minus net income from abroad
  • GNP minus depreciation alowances
Q.62)-Which of the following is not a method of estimating National Income?
  • Expenditure method
  • Product method
  • Matrix method
  • Income method
Q.63)-National Income is the-
  • Net National Product at market price
  • Net National Product at factor cost
  • Net domestic Product at factor cost
  • Net domestic Product at factor cost
Q.64)-An individual's actual standard of living can be assessed by-
  • Gross National Income
  • Net National Income
  • Per capital Income
  • Disposable Personal Income
Q.65)-The total value of goods and services produced in a country during a given period is-
  • Disposable income
  • National Income
  • Per capital income
  • Net national income
Q.66)- 'Personal Income' equals-
  • The household sector's income
  • Private income minus savings of the corporate tax
  • Personal disposable income plus miscllaneous receipts of the Government
  • All of the above
Q.67)-An increase in national income because of an increase in price is called-
  • An increase in National Income in real terms
  • An increase in National Income at constant price
  • An increase in money National Income
  • An increase in National Income in base year prices
Q.68)-Net National Product in National income Accounting refers to-
  • Gross Domestic product - depreciation
  • Gross Domestic product - depreciation
  • Gross Domestic product - Depreciation
  • Gross National product + Subsidies
Q.69)-A very high rise in National Income at current market prices and a low rise at constant prices reveals-
  • The high rate of growth in the economy at the current period
  • The increased production in the current period
  • The improper growth of the economy
  • The high rate of inflation prevailling in the economy
Q.70)-An increase in per capital income is not an indication of an increase in the economic welfare of the people-
  • When such increase is the result of an increased production of comforts
  • When such increase is the result of an increase in agricultural production
  • When it is the result of an increase in the production of industrial goods
  • When such increase is the result of intoxicants