Banking Marketing Aptitude National Income Question Bank

done National Income Total Questions - 21

• question_answer1)
  In terms of economics, the total value of the output (goods and services) produced and income received in a year by domestic residents of a country put together is called?                                                                                  (B.O.M. 2009)
  A)
  Net National Product        done clear
  B)
       Gross National Product done clear
  C)
       Gross National Income       done clear
  D)
       National Income done clear
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• question_answer2)
  The total value of goods and services produced in a country during a given period is?             [SSC 2011]
  A)
  Disposable income          done clear
  B)
         National income done clear
  C)
      Per capita income           done clear
  D)
        Net national income done clear
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• question_answer3)
  An individual actual standard of living can be assessed by?
  A)
  Gross National Income       done clear
  B)
      Net National Income done clear
  C)
      Per Capita Income   done clear
  D)
               Disposable Personal Income done clear
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• question_answer4)
  Which one of the following is not a method of estimating National Income?
  A)
  Expenditure Method        done clear
  B)
         Product Method done clear
  C)
      Matrix Method    done clear
  D)
           Income Method done clear
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• question_answer5)
  National Income is the?
  A)
  Net National product at market price done clear
  B)
      Net National product at factor cost done clear
  C)
      Net Domestic product at market price done clear
  D)
      Net Domestic product at factor cost? done clear
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• question_answer6)
  Which one of the following is not a method of measurement of National Income?
  A)
  Value Added Method       done clear
  B)
       Income Method done clear
  C)
       Investment Method done clear
  D)
        Expenditure Method done clear
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• question_answer7)
  Net National product of a country is?                                                                               [SSC"2011]
  A)
  GDP minus depreciation allowances done clear
  B)
       GDP plus net income from abroad done clear
  C)
       GNP minus Net income from abroad done clear
  D)
       GNP minus depreciation allowance done clear
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• question_answer8)
  Gross domestic product is defined as the value of all?
  A)
  Goods produced in an economy in a year done clear
  B)
       Goods and services produced in an economy in a year done clear
  C)
       Final goods produced in an economy in a year done clear
  D)
       Final goods and services produced in an economy in a year done clear
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• question_answer9)
  GDP at factor cost is?                                                                                        [SSC Tax Assistance 2008]
  A)
  GDP minus indirect taxes plus subsidies done clear
  B)
       GDP minus depreciation allowances done clear
  C)
       NNP plus depreciation allowances done clear
  D)
       GDP minus subsidies plus indirect taxes done clear
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• question_answer10)
  National Income estimates in India are prepared by?
  A)
  Central statistical organization done clear
  B)
       National Development Council done clear
  C)
       Minister of Finance done clear
  D)
       Planning Commission       done clear
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• question_answer11)
  Per capita income is obtained by dividing National Income by?
  A)
  Total population of the country done clear
  B)
       Total -working population done clear
  C)
      Area of the country done clear
  D)
       Volume of capital used done clear
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• question_answer12)
  Which of the following is not included in National Income?                                                   [SSC CGL 2008]
  A)
  Imputed rent of owner-occupied houses done clear
  B)
      Government expenditure on making new bridges done clear
  C)
      Winning a lottery done clear
  D)
      Commission paid to an agent for sale of houses    done clear
  E)
      done clear
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• question_answer13)
  Personal Disposable income is?                                                                           [SSC CGL 2008]
  A)
  Always equal to personal income done clear
  B)
      Always more than personal income done clear
  C)
      Equal to personal income minus indirect taxes done clear
  D)
      Equal to personal income minus direct taxes    done clear
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• question_answer14)
  Who prepared the first estimate of National income for the country?                                      [SSC CGL 2008]
  A)
  Central statistical organization done clear
  B)
       National income committee done clear
  C)
       Dada Bhai Navroji done clear
  D)
       National sample survey organization done clear
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• question_answer15)
  The national income consists of a collection of goods and services reduced to common basis by being measured in the term of money"? who say this?                                                                                       [SSC CGL 2007]
  A)
  Samuelson         done clear
  B)
           Kuznets     done clear
  C)
       Hicks                 done clear
  D)
           Pig-out done clear
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• question_answer16)
  The term "Green GNP" emphasizes? [SSC Tax Assistant 2006]
  A)
  Rapid growth of GNP    done clear
  B)
       Increase in per capital income done clear
  C)
      Economic development      done clear
  D)
      Sustainable development done clear
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• question_answer17)
  In calculating National Income which of the following is included?                             [SSC Tax. Assistant 2005]
  A)
  Services of housewives done clear
  B)
                       Pensions done clear
  C)
      Income of smugglers        done clear
  D)
           Income of watchmen done clear
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• question_answer18)
  Which of the following is not required while computing GNP?                                                [SSCS.O. 2005]
  A)
  Net foreign investment    done clear
  B)
          Private investment done clear
  C)
       Per capita income of citizens done clear
  D)
       Purchase of goods by government     done clear
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• question_answer19)
  Increased interest rates as is existing in the economies at present will                                      [IBPS P.O. 2012]
  A)
  Lead to higher GDP growth  done clear
  B)
       Lead to lower GDP growth done clear
  C)
       Mean higher cost of raw material done clear
  D)
       Mean lower cost of raw material done clear
  E)
       Mean higher wage bill      done clear
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• question_answer20)
  Rate of growth of an economy is measured in terms of?                                                      [SSC. 2014]
  A)
  Per capita income   done clear
  B)
                 Industrial development done clear
  C)
      Number of people who have been lifted above the Poverty line done clear
  D)
       National income  done clear
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• question_answer21)
  The abbreviation 'GDP' stands for                                                                                     [IBPS, 2014]
  A)
  Gross Domestic product     done clear
  B)
       Globally Dominant person done clear
  C)
      General Domestic position   done clear
  D)
      Gross Depository position done clear
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