Q. The market price of the final goods and services (including depreciation) produced within the domestic territory of a country during an accounting year, is called: GDP at market price GNP at market price GDP at factor cost GNP at factor cost Answer: GDP at market price
Q. National income is often estimated as: NDP at FC NNP at mp NDP at mp NNP at FC Answer: NNP at FC
Q. A car running between Delhi and Agra at a speed at 120 Km/h includes: only stock variables only flow variables both a stock and a flow variable None of these Answer: both a stock and a flow variable
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Q. Factor services rendered by the households to the firms lead to: real flow money flow services flow both a) and c) Answer: real flow
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Q. A quantity measured per unit of time period is known as: stock variable flow variable inventory None of these Answer: flow variable
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Q. Income of the family is the example of which variable? Stock Flow Both stock and flow Neither stock nor flow Answer: Flow
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Q. Depreciation reserve fund is needed for: inventory stock advertisement replacement investment None of these Answer: replacement investment
Q. A stock variable has no time dimension is a static concept both 1 and 2 None of these Answer: both 1 and 2
Q. Which of the following is the cause of expected obsolescence? Natural calamities Change in demand Change in technology Both 2 and 3 Answer: Both 2 and 3
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Q. Increase in the stock of capital is known as: capital loss capital gain capital formation None of these Answer: capital formation
