National Saving Officer Mcqs Page 3

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

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

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23.	Which statement is true?
	A. National Expenditure = National income B. National Expenditure = National income + National production C. National Expenditure = National income + National Taxes D. National Expenditure = National income - Taxes Answer: Option A

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

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

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

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27.	It is deducted from GNP to get NNP:
	A. Indirect taxes B. Depreciation C. Direct taxes D. Transfer payments Answer: Option B

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

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

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