मराठी
तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता १२

NNP stands for______. - Economics

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प्रश्न

NNP stands for______.

पर्याय

  • Net National Product

  • National Net product

  • National Net Provident

  • Net National Provident

MCQ
रिकाम्या जागा भरा

उत्तर

NNP stands for Net National Product.

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पाठ 2: National Income - Model Questions [पृष्ठ ३३]

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सामाचीर कलवी Economics [English] Class 12 TN Board
पाठ 2 National Income
Model Questions | Q 11. | पृष्ठ ३३

संबंधित प्रश्‍न

With the increase in income, both consumption and savings increase.


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


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.


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 'Marginal Propensity to Consume' from the following data about an economy which is in equilibrium:
National income = 800
Autonomous consumption expenditure = 100
Investment expenditure = 100


How should the following be treated while estimating national income? You must give the reason in support of your answer.

Bonus paid to employees


Distinguish between the following :

Output method and Income method of measuring national income. 


Give reason or Explain the following statement :

Paid services are included in national income.


 State whether the following statements are TRUE or FALSE with reason. 

National income is a flow concept. 


State whether the following statements are True or False with reason: 

Ten years period is considered for measuring National Income.


Answer the following question:

Explain the concept of Gross domestic product at market prices.


Answer the following question:

Explain the income method of measuring national income.


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


State whether the following statement is true or false.

Inclusion of value of intermediate goods leads to double counting.


Define the following:
Income from property and entrepreneurship


Find the odd word

Concepts of national income -


Study the following table, figure, passage and answer the question given below it.

Components of GNP
for the year 2018
In crores
Consumption 200
Investment 300
Govt.Expenditure 400
Net export - 100
Net receipts  - 50
Depreciation 100

A. Complete the formula

GNP = C + `square` + G + (X - M) + `square` (1m)

B. Calculate Gross National Product & Net National Product from the above data. (3m)


Explain the meaning of non-market activities.


The market value of all final goods and services produced in an economy over a year is called:


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