Advertisements
Advertisements
प्रश्न
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Purchase of taxi by a taxi driver.
उत्तर
Purchase of a taxi by a taxi driver will be included in the estimation of national income because the purchase of new taxis is considered an investment by the driver.
APPEARS IN
संबंधित प्रश्न
C = 100 + 0.4 Y is the Consumption Function of an economy where C is Consumption Expenditure and Y is National Income. Investment expenditure is 1.100. Calculate
(i) Equilibrium level of National Income.
(ii) Consumption expenditure at equilibrium level of national income.
Which of the following affects national income? (Choose the correct alternative)
(a) Goods and Service tax
(b) Corporation tax
(c) Subsidies
(d) None of the above
Calculate the 'National Income' and 'Private Income' :
| (Rs in crores) | ||
| 1 | Rent | 200 |
| 2 | Net factor income to abroad | 10 |
| 3 | National debt interest | 15 |
| 4 | Wages and salaries | 700 |
| 5 | Current transfers from government | 10 |
| 6 | Undistributed profit | 20 |
| 7 | Corporation tax | 30 |
| 8 | Interest | 150 |
| 9 | Social security contributions by employers | 100 |
| 10 | Net domestic product accruing to government | 250 |
| 11 | Net current transfers to rest of the world | 5 |
| 12 | Dividends | 50 |
Investment made by the government is _____________ investment.(unplanned/gross/autonomous/induced)
Write Explanatory answer. (Any Two )
What is national income. Explain how national income is mesured by output method
Give reasons or explain the following statement:
The concept of national income has an important place in economic development.
Answer the following question:
What is double counting of national income?
State with reason whether you agree or disagree with the following statement:
Gross National product and Gross Domestic product are same concepts.
Distinguish between:
National income at market prices and national income at factor cost
State whether the following statement is true or false.
Inclusion of value of intermediate goods leads to double counting.
State whether the following statement is true or false.
Financial year in India is leap year.
Fill in the blank with appropriate alternatives given below
GDP (FC) = GDP (MP) – __________
Answer the following question.
Define the problem of double counting in the computation of national income. State any two approaches to correct the problem of double counting.
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.
Complete the following statement.
NNP is obtained by ______.
Write a short note on per capita income.
Explain the meaning of non-market activities.
NNPFC =
Which of the following is correct?
How should the following be treated in estimating National Income of a Country? Give valid reasons.
Expenditure on upgradation of fixed asset by a firm.
