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Net National product at factor cost is also known as______. - Economics

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प्रश्न

Net National product at factor cost is also known as

विकल्प

  • National Income

  • Domestic Income

  • Per capita Income

  • Salary

MCQ
रिक्त स्थान भरें

उत्तर

Net National Product at factor cost is also known as National Income.

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अध्याय 2: National Income - Model Questions [पृष्ठ ३२]

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सामाचीर कलवी Economics [English] Class 12 TN Board
अध्याय 2 National Income
Model Questions | Q 1. | पृष्ठ ३२

संबंधित प्रश्न

In order to avoid double counting, value added approach is used.


Explain the impact of rise in exchange rate on national income.


How should the following be treated in estimating the national income of a country? You must give a reason for your answer.

Taking care of aged parents


Fill in the blank using proper alternative given in the bracket:

 National income is ........ concept.


State whether the following statement is True or False 

Total Revenue = Total quantity x Price.


State whether the following statement is true or false.

Investment made by the government is autonomous investment.


State with reason whether you agree or disagree with the following statement:

Many precautions are to be taken while estimating national income by income method.


Answer in detail:
Explain the 'Final Good Approach' to avoid double counting of goods and services in the estimation of national income.


Distinguish between:

Gross national product and Gross domestic product.


Write short note on:

Value added approach


Write short note on:

Expenditure method of measuring national income.


Define or explain the following concept:

Final goods


Give reason or explain the following statement:

Paid services are included in national income.


State whether the following statement is true or false.

GDP includes net income from abroad.


Distinguish between the following.

Personal income and Disposable income


What is the difference between NNP and NDP?


NNPMP =


GNPMP =?


Which of the following is not a component of domestic income?


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.


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