National Saving Officer Mcqs Page 10

91.	A TV set purchased from a retail store is an example of:
	A. Intermediate good B. Capital good C. Surplus good D. Final good Answer: Option D

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92.	Undistributed profits are considered:
	A. Income earned but not received B. Income received but not earned C. Income earned and received D. None of the above Answer: Option A

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93.	Total value of all final goods and services produced in a country during one year is:
	A. NNP B. GNP C. GDP D. NI Answer: Option C

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94.	Which measure has the larger value (for Pakistan):
	A. NNP B. GNP C. GDP D. NI Answer: Option B

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95.	In equilibrium position of national income:
	A. S > 1 B. S < 1 C. S = 1 D. All are true Answer: Option C

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96.	Personal income includes:
	A. Direct taxes B. Indirect taxes C. Depreciation D. None of these Answer: Option A

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97.	Personal income includes:
	A. Transfer payments B. Indirect taxes C. Depreciation D. All of the above Answer: Option A

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98.	If savings exceed investment then:
	A. National income rises B. National income falls C. National income is not affected D. None of the above Answer: Option B

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99.	If we include it, national income will be over-estimated:
	A. Transfer payment B. Income from abroad C. Illegal income D. Exports Answer: Option A

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100.	It is avoided to make correct estimate of national income:
	A. Free services B. Double counting C. Export earnings D. All of the above Answer: Option B