Question 2 :
The following statements true or false? Give reasons.<br>In final goods, no value is to be added. <br>
Question 3 :
The following statement is true or false? Give reasons.<br/>Butter is only a final product. <br/>
Question 7 :
Circular flow of income does not take place in case of closed economy.
Question 9 :
State which of the following refers to the macro approach from a national angle.
Question 11 :
Choose the correct answers from the alternatives given.<br/>National Income estimates in India are prepared by _________________.
Question 22 :
The following statements true or false? Give reasons.<br>End-use of the goods categorise the goods as intermediate goods and final goods. <br>
Question 25 :
The following statement is true or false? Give reasons.<br/>Final goods include only those goods which are consumed by the households. <br/>
Question 32 :
Addition to the capital stock of an economy is termed as ______________.
Question 33 :
Are the following statements true or false? Give reasons.<br>Goods produced for self-consumption will be included in national income. <br>
Question 34 :
Real flow refers to the flow of factor services from ______ to ________.
Question 36 :
Domestic product includes contribution of only resident producers within the domestic territory of the country.
Question 38 :
Which of the following is not a category of inputs traded on the factor market?
Question 40 : <p>Net outcome at the year end of the total import and export is called _________.</p>
Question 42 :
Which of the following are covered under the domestic territory of India?
Question 43 :
If factor cost is greater than market price, then it means that ____________________.<br/>
Question 45 :
Select the correct one/ones about 'net income' of a corporate body - by using code given below:<br>1. It is the balance of a company's total income and its total expenditure.<br>2. The profit of a company after paying corporate tax.
Question 47 :
Which of the following is NOT a method of estimating national income?
Question 53 :
In which type of economy, domestic income is equal to national income?
Question 54 :
If net national product is given at market prices, what needs to done with indirect taxes and subsidies to get the national income of the economy?
Question 61 :
A study of a ________ will be a part of micro economics.
Question 63 :
Which of the following constitute the reason for difference between Market Prices and Factor Cost?
Question 64 :
One of the problems in calculating the national income in India correctly is ______________.
Question 65 :
Many a times we read a term in financial newspapers -GDR. What is the full form of the same?
Question 66 : <p>Per capita income is obtained by dividing which of the following with total population ___________.</p>
Question 67 :
In a closed economy, gross domestic product is always equal to gross national product.
Question 70 :
Are the following statements true or false? Give reasons.<br>Nominal GDP can never be less than Real GDP.
Question 74 :
If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
Question 77 :
From the following information, compute $GNP_{MP}$.<br/>$GDP_{FC} = Rs. 3,000$; Net factor income to abroad $= Rs. 200$; Indirect Taxes $= Rs. 420$, Subsidies $=Rs. 200$. 
Question 80 :
Which of the following is a part of the subject matter of macro economics?
Question 81 :
Which of the following statement is not true with respect to a two-sector model?
Question 82 :
The total value of all goods and services produced in a year in a country is called ___________.
Question 83 : <p>____________ is used by the IMF and World Bank for comparative analysis of its members.</p>
Question 85 :
The book "The General Theory of Employment, Interest and Money" was written by _______.
Question 86 :
The study of a country's inflation falls under which branch of economics?
Question 89 :
Are the following statements true or false? Give reasons.<br/>Gross domestic capital formation is always greater than gross fixed capital formation.<br/>
Question 90 : <p>National income is an income which can be measured in terms of money. This definition was given by which of the following economist ________.</p>
Question 92 :
National income of a country divided by its total population is known as______.
