Q.21)-Which one of the following is not a method of measurment of National Income?
- Value Added Method
- Income Method
- Investment Method
- Expenditure Method
Q.22)-Gross Profit means-
- Total investment over total savings
- Changes in methods of production
- Changes in the form of buisness organisation
- Total receipts over total expenditure
Q.23)-Which one of the following is the most appropriate reason for inequalities in income?
- Racial factors
- Lack of opportunities
- Inheritance from family environment
- Differences in ability
Q.24)-National Income include-
- Financial help to earthquake victims
- Pocket money of a child
- Winning of a lottery prize
- Construction of a new house
Q.25)-Which of the following is not included in the National Income?
- Imputed rent of owner - occupied houses
- Government expenditure on making new bridges
- Winning a lottery
- Commission paid to an agent for sale of house
Q.26)-What does National Income mean?
- The total value of all goods and services produced in the country during a period of 1 year
- The total value of all stocks and shares in the country during a period of 1 year
- The total value of all capital goods produced in the country during a period of 1 year
- The total value of all consumer goods produced in the country during a period of 1 year
Q.27)-The difference between the GNP and the NNP is equal to the-
- Consumer expenditure on durable goods
- Direct tax revenue
- Indirect tax revenue
- Capital depreciation
Q.28)-The National income of a country is-
- Government annual revenue
- Total productive income
- Surplus of the public sector enterprise
- Export and Import
Q.29)-The method of calculating the National Income by the product method is otherwise known as-
- Income method
- Value added method
- Expenditure method
- Net output method
Q.30)-What is the main function of Central Statistical Organisation (CSO)?
- Determination of Money supply
- Collection of estimates of national income
- Collection of detail data regarding employment
- Price Determination