Q. National income is often estimated as: NDP at FCNNP at mpNDP at mpNNP at FC Answer: NNP at FC

Q. A car running between Delhi and Agra at a speed at 120 Km/h includes: only stock variablesonly flow variablesboth a stock and a flow variableNone of these Answer: both a stock and a flow variable

Q. Factor services rendered by the households to the firms lead to: real flowmoney flowservices flowboth a) and c) Answer: real flow

Q. A quantity measured per unit of time period is known as: stock variableflow variableinventoryNone of these Answer: flow variable

Q. Income of the family is the example of which variable? StockFlowBoth stock and flowNeither stock nor flow Answer: Flow

Q. Depreciation reserve fund is needed for: inventory stockadvertisementreplacement investmentNone of these Answer: replacement investment

Q. A stock variable has no time dimensionis a static conceptboth 1 and 2None of these Answer: both 1 and 2

Q. Which of the following is the cause of expected obsolescence? Natural calamitiesChange in demandChange in technologyBoth 2 and 3 Answer: Both 2 and 3

Q. Increase in the stock of capital is known as: capital losscapital gaincapital formationNone of these Answer: capital formation

Q. Which of the following leads to depreciation? Normal wear and tearDamages due to floodsDamages due to market crashNone of these Answer: Normal wear and tear