Banking General Awareness National Income Question Bank

done National Income Total Questions - 25

• question_answer1)
  Which is the most important source for National Income in India?
  A)
  Agriculture done clear
  B)
  Services done clear
  C)
  Industry done clear
  D)
  Business done clear
  E)
    None of these done clear
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• question_answer2)
  When the economy grows, what effect it has on the tertiary sector
  A)
  Decrease and then increases done clear
  B)
  Increases and then decreases done clear
  C)
  increases done clear
  D)
  decreases done clear
  E)
                          none of these done clear
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• question_answer3)
  What is National Income
  A)
  National product value at market cost done clear
  B)
  Net National Value at Factor cost done clear
  C)
  Domestic value at market cost done clear
  D)
  Domestic Value at factor cost done clear
  E)
  None of these done clear
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• question_answer4)
  Which of the following calculates National Income of lndia
  A)
  Planning Commission done clear
  B)
  Finance Ministry done clear
  C)
  CSO done clear
  D)
  RBI done clear
  E)
  None of these done clear
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• question_answer5)
  In 1867-68 who calculated the per capita income at 20 rupees for the first time in India
  A)
  M.G. Ranade done clear
  B)
  Sir W. Hunter done clear
  C)
  Naoroji done clear
  D)
  R. Dutt done clear
  E)
  None of these done clear
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• question_answer6)
  Who gave the concept of 'Drain of Wealth'?
  A)
  Bal Gangadhar Tilak done clear
  B)
  Naoroji done clear
  C)
  G.K. Gokhale done clear
  D)
  Govind Sharma done clear
  E)
  None of these done clear
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• question_answer7)
  Which of the following is not included in National Income?
  A)
  Tenant's rent done clear
  B)
  Expenditure on bridges done clear
  C)
  Winning a Lottery done clear
  D)
  Agent's Commission for selling a house done clear
  E)
  None of These done clear
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• question_answer8)
  With which of the following we divide the National Income to calculate Per Capita Income?
  A)
  Total population of a country done clear
  B)
  Working Population done clear
  C)
  Total Area of the Country done clear
  D)
  Total Capital Formation done clear
  E)
  None of These done clear
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• question_answer9)
  Which of the following is true about India's National Income?
  A)
  The % of Agriculture is more than that of services. done clear
  B)
  The % of Industries is more than that of the Agriculture done clear
  C)
  The % of services is more than of Industry done clear
  D)
  The % of services is more than that of the combined % of manufacturing and agriculture done clear
  E)
  None of these done clear
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• question_answer10)
  Which of the following is equal to depreciation?
  A)
  Gross National Product - net national product done clear
  B)
  Net National Product - GNP done clear
  C)
  Gross national product - personal income done clear
  D)
  Personal income - Personal taxes done clear
  E)
  None of these done clear
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• question_answer11)
  Which of the following is not the method of measurement of national income-
  A)
  Production Method done clear
  B)
  Income method done clear
  C)
  Investment method done clear
  D)
  Expenditure method done clear
  E)
  None of these done clear
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• question_answer12)
  Which of the following fields in India received the largest proportion of gross national product
  A)
  In agriculture and related fields done clear
  B)
  Public Administration in defence done clear
  C)
  Service sector done clear
  D)
  Manufacturing, construction, electricity and gas done clear
  E)
  None of these done clear
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• question_answer13)
  What is Nation's National income
  A)
  The Government's annual revenue done clear
  B)
  The sum value of all products done clear
  C)
  The surplus production in the commercial sectors done clear
  D)
  Deducting the imports from exports done clear
  E)
  None of these done clear
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• question_answer14)
  Which of the following is not included while calculating the National income?
  A)
  Rent done clear
  B)
  Mixed income done clear
  C)
  Pension done clear
  D)
  Retained earnings done clear
  E)
  None of these done clear
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• question_answer15)
  What is the type of Indian economy?
  A)
  Socialist done clear
  B)
  Mixed done clear
  C)
  Gandhian done clear
  D)
  Independent done clear
  E)
  None of these done clear
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• question_answer16)
  What do you understand by closed economy?
  A)
  Control of inflation done clear
  B)
        Deficit Financing done clear
  C)
  Only Export done clear
  D)
        No import No export done clear
  E)
  None of these done clear
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• question_answer17)
  Which of the following publishes World Investment report?
  A)
  I.B.R.D done clear
  B)
  I.M.F done clear
  C)
  U.N.D.P done clear
  D)
  W.T.O done clear
  E)
  UNCTAD done clear
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• question_answer18)
  Human development Index includes which of the following
  A)
  US dollars per capita GDP done clear
  B)
  Real GDP per capita at purchasing power done clear
  C)
  US dollar gross, national product done clear
  D)
  US dollars per capita national income done clear
  E)
  None of these done clear
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• question_answer19)
  A country's economic development is dependent on
  A)
  Natural Resources done clear
  B)
  Capital Formation done clear
  C)
  Market size done clear
  D)
  All of these done clear
  E)
  None of these done clear
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• question_answer20)
  Which of the following issues Human Development report?
  A)
  UNCTAD done clear
  B)
  ASEAN done clear
  C)
  IBRD done clear
  D)
  UNDP done clear
  E)
  None of these done clear
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• question_answer21)
  Head office of CSO is located in-
  A)
  Mumbai done clear
  B)
  Kolkata done clear
  C)
  New Delhi done clear
  D)
  Chennai done clear
  E)
  Bengaluru done clear
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• question_answer22)
              What is the base year of GVA/GDP?
  A)
  2011-12 done clear
  B)
  2012-13 done clear
  C)
  2013-14 done clear
  D)
  2009-10 done clear
  E)
  2014-15 done clear
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• question_answer23)
  GVA stands for-
  A)
  Gross Value Added done clear
  B)
  Gross Valid Add done clear
  C)
  Gross Value Addition done clear
  D)
  Gross Value Admission done clear
  E)
  None of these done clear
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• question_answer24)
  Which of the following is a feature of Indian Economy?
  A)
  High income economy done clear
  B)
  Medium income economy done clear
  C)
  Lower medium income economy done clear
  D)
  Lower income economy done clear
  E)
  None of these done clear
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• question_answer25)
  From where did the Gross Happiness start?
  A)
  Greece done clear
  B)
  Bhutan done clear
  C)
  Bangladesh done clear
  D)
  India done clear
  E)
  None of these done clear
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