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प्रश्न
Define the following:
Income from property and entrepreneurship
उत्तर
Income from property and entrepreneurship: Rent refers to the income earned from property and profit refers to the income generated from the entrepreneurship. Profit can be further categorised into the following three categories as dividends, corporate profit tax, undistributed profits.
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संबंधित प्रश्न
Find national income and private income:
(Rs crore)
(i) Wages and salaries 1,000
(ii) Net current transfer to abroad 20
(iii) Net factor income paid to abroad 10
(iv) Profit 400
(v) National debt interest 120
(vi) Social security contributions by employers 100
(vii) Current transfers from government 60
(viii) National income accruing to government 150
(ix) Rent 200
(x) Interest 300
(xi) Royalty 50
National income is the sum of factor incomes accruing to : (Choose the correct alternative)
(a) Nationals
(b) Economic territory
(c) Residents
(d) Both residents and non-residents
Unforseen obsolescence of fixed capital assets during production is: (Choose the correct alternative)
a. Consumption of fixed capital
b. Capital loss
c. Income loss
d. None of the above
Giving reason explain how should the following be treated in the estimation of national income:
Expenditure by a firm on payment of fees to a chartered accountant
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by a bank to an individual
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by an individual to a bank
State whether the following statement is true or false.
Investment made by the government is autonomous investment.
Fill in the blanks using proper alternatives given in the brackets
Personal Income - Direct Tax = ________________
Explain the circular flow of national income.
Answer the following question:
State the precautions while using expenditure method to measure national income.
Define or explain the following concept:
Personal income
Give reason or explain the following statement:
Old age pension is transfer income.
Give reason or explain the following statement:
Paid services are included in national income.
Fill in the blank with appropriate alternatives given below
GDP (FC) = GDP (MP) – __________
Identify and explain the following concept:
Shobha collected data regarding the money value of all final goods and services produced in the country for the financial year 2018-2019.
The average income of the country is______.
Write the formula for calculating GNP.
Differentiate between personal and disposable income.
Explain briefly NNP at factor cost.
If economic subsidies are added to and Indirect taxes are substracted from the national income at market prices, then it will be equal to ______.
