EASY
Earn 100

Product method and Income Method of calculating National Income are also known by the name of _____ and _____ respectively.
(a)Factor payment method, Value added method
(b)Value added method, Factor payment method
(c)Income Disposal Method, Factor payment method
(d)None of these

50% studentsanswered this correctly
Important Questions on Indian Economy
HARD

EASY

EASY

MEDIUM

MEDIUM

EASY

EASY
1. Savings account interest rate
2. Fixed deposit interest rate
3. Current account interest rate
Select the correct answer using the codes given below.

EASY

EASY
i. CSO is a premier statistical institution for collecting data in India
ii. It presents the national income estimates twice a year.

EASY

EASY

EASY

EASY
i. While calculating GDP, income generated by foreigners in a country is taken into consideration
ii. While calculating GDP, income generated by nationals of a country outside the country is taken into account

EASY

EASY
i. The data for NI and PCI are collected at current prices.
ii. They are deflated using the deflator index to get value at constant prices.

EASY
i. While calculating GNP, income generated by foreigners in a country is taken into consideration
ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account

EASY

MEDIUM

EASY


