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When net factor income from abroad is deducted from NNP, the net value is______. - Economics

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प्रश्न

When net factor income from abroad is deducted from NNP, the net value is______.

पर्याय

  • Gross National Product

  • Disposable Income

  • Net Domestic Product

  • Personal Income

MCQ
रिकाम्या जागा भरा

उत्तर

When net factor income from abroad is deducted from NNP, the net value is Net Domestic 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 14. | पृष्ठ ३३

संबंधित प्रश्‍न

Explain the precautions that should be taken while estimating national income by expenditure method.


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

 


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

Giving reasons explain how should the following be treated in the estimation of national income:

Purchase of machinery by a factory for own use


Calculate investment expenditure from the following data about an economy which is in equilibrium:
National income = 1500
Autonomous consumption expenditure = 300
Investment expenditure = 300


Calculate 'National Income' and 'Net National Disposable Income' from the following

    (Rs in Arab)
1 Net change in stock 50
2 Government final consumption expenditure 100
3 Net current transfers to abroad 30
4 Gross domestic fixed capital formation 200
5 Private final consumption expenditure 500
6 Net imports 40
7 Depreciation 70
8 Net factor income to abroad (-)10
9 Net indirect tax 120
10 Net capital transfers to abroad 25

State whether the following statement is true or false.

Investment made by the government is autonomous investment.


Explain the circular flow of national income.


Answer the following question:

What are the features 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:
Gross National Product and Net National Product


Find the odd word

Concepts of national income -


Complete the following statement.

NNP is obtained by ______.


The average income of the country is______.


Trace the relationship between GNP and NNP.


Write a short note on per capita income.


Explain briefly NNP at factor cost.


Which one is true?


Net National Income at Factor Cost is called?


Explain the meaning of national income.


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