Advertisements
Advertisements
Write short note on:
Value added approach
Concept: undefined > undefined
Write short note on:
Expenditure method of measuring national income.
Concept: undefined > undefined
Advertisements
Write short note on:
Circular flow of national income
Concept: undefined > undefined
Write short note on:
Personal disposable income
Concept: undefined > undefined
Write short note on:
Net national product at factor cost
Concept: undefined > undefined
Define or explain the following concept:
Final goods
Concept: undefined > undefined
Define or explain the following concept:
National income
Concept: undefined > undefined
Define or explain the following concept:
Personal income
Concept: undefined > undefined
Define or explain the following concept:
Depreciation
Concept: undefined > undefined
Give reason or explain the following statement:
Income from second hand sale of goods is excluded from national income.
Concept: undefined > undefined
Give reason or explain the following statement:
National income at factor cost includes subsidy.
Concept: undefined > undefined
Give reason or explain the following statement:
National income estimates are accurate in India.
Concept: undefined > undefined
Give reason or explain the following statement:
Old age pension is transfer income.
Concept: undefined > undefined
Give reason or explain the following statement:
Paid services are included in national income.
Concept: undefined > undefined
State whether the following statement is true or false.
National income is computed every year.
Concept: undefined > undefined
State whether the following statement is true or false.
Inclusion of value of intermediate goods leads to double counting.
Concept: undefined > undefined
State whether the following statement is true or false.
GDP includes net income from abroad.
Concept: undefined > undefined
State whether the following statement is true or false.
Financial year in India is leap year.
Concept: undefined > undefined
State whether the following statement is true or false.
Services of housewives are included in national income.
Concept: undefined > undefined
Match the following groups:
| Group A | Group B | ||
| 1) | Income method | a) | Personal income – direct taxes |
| 2) | Unemployment allowance | b) | Money value of goods and services |
| 3) | Disposable Income | c) | Factor cost method |
| 4) | National Income | d) | Personal income subsidy |
| 5) | NNP(MP) | e) | Transfer payment |
| f) | GNP(MP) - Depreciation | ||
| g) | Output method | ||
| h) | Transfer income | ||
Concept: undefined > undefined
