Q. If NDP at FC = ₹ 1500 and Net Factor Income to Abroad = ₹500, then NNP at FC will be:- 2000 1500 1000 2500 Answer: 1000

Q. Which of the following is a part of the Expenditure Method? Rent and Royalty Mixed Income Net Exports Sales Answer: Net Exports

Q. Net Exports is calculated as: Exports + Imports Exports – Imports Imports – Exports None of these Answer: Exports – Imports

Q. If a farmer sells wheat to a miller for ₹ 500 and a miller sells flour to the baker for ₹ 700 and baker sells bread to the consumer for ₹ 1000, then the total value added by miller and baker are: 500 300 1700 1200 Answer: 500

Q. The commodity service method is another name for:- Expenditure Method Income Method Value added Method None of these Answer: Value added Method

Q. Which of the following method can be used to calculate National Income? Income Method Expenditure Method Value Added Method All of the above Answer: All of the above

Q. Distributed Profits are known as:- Corporate tax Dividend Retained Earnings None of these Answer: Dividend

Q. The value of intermediate consumption will be…………, If the purchase of raw material is ₹ 1200, exports are ₹ 600 and imports are ₹ 200. 1200 800 1800 1400 Answer: 1200

Q. Which of the following is a synonym of “Undistributed Profits” Savings of private corporate sector Reserve and surplus Retained earnings All of these Answer: All of these