Loss of fixed assets over time due to wear and tear.

Destruction od a plant in a fire accident.

Loss of fixed assets in an earthquake.

Closure of the plant due to lockout.

EASY

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Suppose the GDP at market price of a country in a particular year was Rs. $1100$ crores. Net Factor Income from Abroad was Rs. $100$ crores. The value of (Indirect taxes-Subsidies) was Rs. $150$ crores and National Income was Rs. $850$ crores. Calculate the aggregate value of depreciation.

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Important Questions on National Income Accounting

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Depreciation means:

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which one of the following is an intermediate product?

HARD

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Identify the types of investments.

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which of the following is an example of Non-durable good?

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which of the following flowchart correctly establishes the treatment of Derpreciation?

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which of the following is an example of intermediate goods?

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Goods purchased for the following purpose are final goods:

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Intermediate goods are still within the _____ boundary.

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which of the following are covered under the domestic territory of India?

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

The households receive transfer payments from government and firms.

HARD

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Refrigerator purchased by a confectionery shop is an example of:

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Addition to the capital stock of the economy is termed as:

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which one of the following is not an example of final goods?

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

In the production of sugar, sugarcane is:

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

_____ goods are used up in a single act of consumption.

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Which of the following is an example of Non-durable good?

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

When _____ is subtracted from gross investment, we get net investment.

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

_____is added in NNP_mpto arrive at GNP_mp_.

MEDIUM

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Identify the factors of production.

EASY

Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics

Unforeseen obsolescence of fixed capital assets during production is:

Suppose the GDP at market price of a country in a particular year was Rs. 1100crores. Net Factor Income from Abroad was Rs. 100 crores. The value of (Indirect taxes-Subsidies) was Rs.150 crores and National Income was Rs. 850 crores. Calculate the aggregate value of depreciation.

Important Questions on National Income Accounting

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Suppose the GDP at market price of a country in a particular year was Rs. $1100$ crores. Net Factor Income from Abroad was Rs. $100$ crores. The value of (Indirect taxes-Subsidies) was Rs. $150$ crores and National Income was Rs. $850$ crores. Calculate the aggregate value of depreciation.