EASY
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Product method and Income Method of calculating National Income are also known by the name of _____ and _____ respectively.

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Important Questions on Indian Economy

HARD
Which of the following is the basis for determining National Income?
EASY
Which one of the following statements in the context of social sector spending in India during 2014-19 (both States and the Union Government together) is true?
EASY
Which one of the following equals Personal Disposable Income?
MEDIUM
The rate of growth of per capita income at current market prices is higher than the rate of growth of per capita income at constant prices, because in the rate of growth of per capita income, the following is considered:
MEDIUM
Who serves the function of collecting capital formation data in India?
EASY
Which of the following method/s/ is/are used to calculate national income in India?
EASY
Which of the following interest rates is still regulated?
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
Which of the following is not a method to calculate National Income?
EASY
Consider the following statements and identify the right ones.
i. CSO is a premier statistical institution for collecting data in India
ii. It presents the national income estimates twice a year.
EASY
The value of national income adjusted for inflation is called
EASY
Which of the following is added to national income while calculating personal income?
EASY
The term _____ also may be used for the 'goods that are bought and sold'.
EASY
Consider the following statements and identify the right ones.
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
The term National Income refers to _____.
EASY
Consider the following statements and identify the right ones.
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
Consider the following statements and identify the right ones.
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
If saving exceeds investment, the national income will:
MEDIUM
The income which has been received during the current year but it does not relate to this year is _____.
EASY
The average income of the country is known as_____.