Tag: Economics Mcqs With Answers

(A) Sale of Intermediate goods
(B) Income from illegal betting
(C) Household services rendered by a house wife in her family
(D) All the three

(A) Final manufactured goods and services
(B) Intermediate goods
(C) Goods and services exported
(D) Sub-standard goods and discarded services

(A) Profit
(B) Retirement pension
(C) Rent
(D) Transportation and freight charges

(A) GNP=GDP+Net factor income from abroad
(B) GNP=GDP+Gross factor income from abroad
(C) GNP=GDP-Net factor income from abroad
(D) GNP=GDP-Gross factor income from abroad

(A) NDP=GDP- Depreciation
(B) NDP=GDP+ Depreciation
(C) NDP=GDP- Depreciation-subsidy;
(D) NDP=GDP- Depreciation+subsidy

(A) GPD at fc = GPD mp-IT +S
(B) GPD at fc = GDP mp-IT –S
(C) GDP at fc = GDP mp+IT+S
(D) GDP at fc = GDP mp+IT-S

(A) Territory lying within the political frontier including territorial water of the country.
(B) Ships and aircrafts operated by the residents of the country between two or more countries.
(C) Fishing vessels, oil and natural gas rigs and floating platforms.
(D) All the three

(A) The market value of all goods and services produced in the domestic economy during the year
(B) Current value of all the capital goods produced in the country.
(C) Sum of goods and services exported during the year.
(D) All the capital goods and consumable goods produced and sold during the year