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24 Mar 2015

National Saving Officer Mcqs Page 3



21. 
Direct taxes are not included in:
NNP
PI
DPI
(a) and (c) of above
Answer: Option C

22. 
When National income is estimated by expenditure method, we include:
All govt. expenditure
All households expenditure
All expenditure of the business sector
All of the above
Answer: Option D

23. 
Which statement is true?
National Expenditure = National income
National Expenditure = National income + National production
National Expenditure = National income + National Taxes
National Expenditure = National income - Taxes

Answer: Option A

24. 
Which statement is true?
National Income = National Expenditure - indirect taxes
NI = GNP - NNP
NI = NNP - indirect taxes
NI = PI
Answer: Option C

25. 
There are methods of measuring national income:
5
2
1
3
Answer: Option D

26. 
If we compare GDP and GNP, then:
GNP = GDP - net income from abroad
GNP = GDP + net income from abroad
GNP = NNP - net income from abroad
GNP = NNP + net income from abroad
Answer: Option B

27. 
It is deducted from GNP to get NNP:
Indirect taxes
Depreciation
Direct taxes
Transfer payments

Answer: Option B

28. 
Select the correct statements:
Transfer payments are included in national income
Depreciation allowance is a part of GNP
Taxes are not included in NNP
GDP means Gross Direct Production
Answer: Option B

29. 
Which is the largest figure:
NNP
GNP
DPI
PI
Answer: Option B


30. 
Which is a flow concept:
Number of my shirts
My monthly income
My total wealth
Money supply
Answer: Option B

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