Question Text
Question 2 :
Are the following statements true or false? Give reasons.<br>Goods produced for self-consumption will be included in national income. <br>
Question 4 :
Circular flow of income does not take place in case of closed economy.
Question 12 :
Which of the following is not a characteristic of a 'firm' that is a key group in a two-sector model?
Question 14 :
What is correct about the 'normal profit' in an economy like India?
Question 22 : <p>Difference between Gross National Product and Depreciation gives _________.       </p>
Question 24 : <p>CSO which takes up the responsibility of estimating national income stands for __________.</p>
Question 25 :
_______ investment refers to the investment made without reference to income or profit.
Question 28 :
The total value of all goods and services produced in a year in a country is called ___________.
Question 29 :
Which of the following are covered under the domestic territory of India?
Question 30 :
Which of the following is NOT a method of estimating national income?
