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प्रश्न
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
उत्तर
The correct option is (b). Capital loss is a loss of capital which is of abnormal and nonrecurring nature because these losses are unpredictable or unforeseen. For example, loss in value of fixed assets arises because of natural calamities, thefts, accidents and unforeseen obsolescence.
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संबंधित प्रश्न
National income
Explain various types of investment expenditure.
If real income is Rs 400 and price index is 105, calculate nominal income.
Calculation National Income and Personal Disposable Income:
| (Rs crores) | ||
| 1 | Personal tax | 80 |
| 2 | Private final consumption expenditure | 600 |
| 3 | Undistributed profits | 30 |
| 4 | Private income | 650 |
| 5 | Government final consumption expenditure | 100 |
| 6 | Corporate tax | 50 |
| 7 | Net domestic fixed capital formation | 70 |
| 8 | Net indirect tax | 60 |
| 9 | Depreciation | 14 |
| 10 | Change in stocks | (-)10 |
| 11 | Net imports | 20 |
| 12 | Net factor income to abroad | 10 |
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by a bank to an individual
Calculate 'Net National Product at Market Price' and 'Personal Income'.
| (Rs crore) | ||
| (i) | Transfer payments by government | 7 |
| (ii) | Government final consumption expenditure | 50 |
| (iii) | Net imports | -10 |
| (iv) | Net domestic fixed capital formation | 60 |
| (v) | Private final consumption expenditure | 300 |
| (vi) | Private income | 280 |
| (vii) | Net factor income to abroad | -5 |
| (viii) | Closing stock | 8 |
| (ix) | Opening stock | 8 |
| (x) | Depreciation | 12 |
| (xi) | Corporate tax | 60 |
| Xii | Retained earnings of corporatio | 20 |
Calculate investment expenditure from the following data about an economy which is in equilibrium:
National income = 1500
Autonomous consumption expenditure = 300
Investment expenditure = 300
Fill in the blank using proper alternative given in the bracket:
National income is ........ concept.
Distinguish between.
Personal income and National Income.
State whether the following statement is true or false.
Investment made by the government is autonomous investment.
Answer the following question:
Explain the income method of measuring national income.
Distinguish between:
Net national product and Net domestic product.
Distinguish between:
Gross National Product and Net National Product
Define or explain the following concept:
National income
Give reason or explain the following statement:
Old age pension is transfer income.
State whether the following statement is true or false.
Services of housewives are included in national income.
Assertion and Reasoning type question.
Assertion (A): In national income, value of only final goods and services produced in the economy are considered.
Reasoning (R): National income is always expressed in monetary terms.
Per capita income is obtained by dividing the National income by the ______.
What is the difference between NNP and NDP?
Differentiate between personal and disposable income.
