Q. Which one of the following services are included in the Secondary Sector? Insurance Manufacturing Trade Banking Answer: Manufacturing
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Q. The market value of all final goods and services produced in an economy over a year is called : Gross National Product National Income Gross Domestic Product Net National Product Answer: Gross Domestic Product
Q. Which method is adopted in measuring National Income? Production Method Income Method Expenditure Method All of these Answer: All of these
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Q. If for a country net factor income from abroad is negative then: GDP < GNP GDP > GNP GDP ≥ GNP GDP = GNP Answer: GDP > GNP
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Q. What is the consumption of fixed capital called? Capital formation Depreciation Investment All of these Answer: Depreciation
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Q. Which one is included in National Income? Rent, Wage, Interest Rent, Wage, Salary Rent, Profit, Interest Rent, Wage, Salary, Interest, Profit Answer: Rent, Wage, Salary, Interest, Profit
Q. Net National Income at Factor Cost is called? National Income Gross Investment Domestic Income None of these Answer: National Income
Q. Depreciation expenses are included in: GNPMp NNPMp NNPFC None of these Answer: GNPMp
Q. The market price of all final goods of a country in a year is known as: GDPMP GDPFC NNPFC None of these Answer: GDPMP
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Q. Which service is included in Tertiary Sector? Mining Construction Communication Animal Husbandry Answer: Communication
