Q. The commodity service method is another name for:- Expenditure MethodIncome MethodValue added MethodNone of these Answer: Value added Method

Q. Which of the following method can be used to calculate National Income? Income MethodExpenditure MethodValue Added MethodAll of the above Answer: All of the above

Q. Distributed Profits are known as:- Corporate taxDividendRetained EarningsNone of these Answer: Dividend

Q. The value of intermediate consumption will be…………, If the purchase of raw material is ₹ 1200, exports are ₹ 600 and imports are ₹ 200. 120080018001400 Answer: 1200

Q. Which of the following is a synonym of “Undistributed Profits” Savings of private corporate sectorReserve and surplusRetained earningsAll of these Answer: All of these

Q. Which of the following is not a part of profits? Corporate taxDividendsRetained earningsRoyalty Answer: Royalty

Q. “Income method” is also known as:- Distributive share methodIncome Disposal MethodIndustrial Origin MethodNone of these Answer: Distributive share method

Q. GDP at MP = ₹ 1000 and Subsidies = ₹ 50, then GDP at FC will be:- 10509501000900 Answer: 1050

Q. GNP exceeds NNP by: Amount of total taxesGovernment expenditureTrAnswer:fer PaymentsDifference between gross and net investment Answer: Difference between gross and net investment

Q. From the following information, compute GNP at MP. GDP at FC = ₹ 3,000; Net factor income to abroad = ₹ 200. Indirect Taxes = ₹ 420, Subsidies = ₹ 240. 3,3802,9803,0202,620 Answer: 2,980