HARD
Earn 100

Find the net domestic product at factor cost and personal income:

    (₹ Crores)
(i) Rent 200
(ii) Net current transfers to abroad 10
(iii) National Debt Interest 60
(iv) Corporate Tax 100
(v) Compensation of employees 900
(vi) Current transfers by the government 150
(vii) Interest 400
(viii) Undistributed Profits 50
(ix) Dividend 250
(x) Net Factor Income to abroad (-)10
(xi) Income accruing to the government 120

 

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Important Questions on National Income Accounting

HARD
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Which of the following is an example of transfer income?
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NDPfc is also known as_____ income.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
National Income=NDPfc + _____.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net domestic product at factor cost is less than national income when:
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
The value of gross national product will be greater than gross domestic product when the value of _____ is positive.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
_____is added in NNPmp to arrive at GNPmp.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities

GNPmp _____, NNPmp and NNPfc are four National concepts.

MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
_____ income is a receipt concept.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Factor income is received by _____.
HARD
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Which of the following are deducted from personal income to find out personal disposable income?
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
What adjustments should be made to make NNPfc =GDPmp.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NNPFC= GNPMP- _____ -Depreciation.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Market price and factor cost will be equal when there is:
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities

GDPmp , GDPfc _____ and NDPfc are four Domestic concepts.

MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net factor income from abroad is negative when income earned from abroad is _____ income paid to abroad.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
National income includes only _____ goods.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NNPfc is also known as_____ income.
EASY
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net Domestic Product at Factor Cost is more than National Income when Net Factor Income from Abroad is _____.
HARD
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Identify the types of investments.