Q. Production enterprises are divided in: Two sectorsThree sectorsFour sectorsFive sectors. Answer: Three sectors

Q. Out of the following which is not a flow: CapitalIncomeInvestmentDepreciation. Answer: Capital

Q. From the following which method is used for measuring national income: Production methodIncome methodExpenditure methodAll of the above. Answer: All of the above.

Q. Macro-economics is the study of: Principle or Theories of national incomeConsumer’s theoryProduction theoryNone of these. Answer: Principle or Theories of national income

Q. Which one is included in the calculation of National Income? New Final Goods and ServicesEarned Income of Indian Companies in AbroadExpenses made by Foreign Tourists in the countryAll the above Answer: All the above

Q. Which one is included in National Income? Transfer EarningsSale proceeds of Shares and BondsBlack MoneyNone of the Above Answer: None of the Above

Q. To include the value of goods or services more than one time while calculating National Income is called : Single CountingDouble CountingMultiple CountingNone of these Answer: Double Counting

Q. Which one is a component of profit? DividendUndistributed ProfitCorporate Profit TaxAll of these Answer: All of these

Q. Which one is included in Primary Sector? LandForestMiningAll these Answer: All these

Q. Which one of the following services are included in the Secondary Sector? InsuranceManufacturingTradeBanking Answer: Manufacturing