34639.The national income of a nation is
Governments annual revenue
sum total of factor income
surplus of public sectors undertaking
Exports minus imports
34640.National income in india is computed by
Planning commission
Finance commission
Central Statistical Organisation
Ministry of Finance
34641.The difference between Gross National Product(GNP) and Net National Product (NNP) is equal to
consumer expenditure on durable goods
direct tax revenue
indirect tax revenue
capital depreciation
34642.Exicse duties are taxes on
sale of goods
import of Commodities
export of commodities
production of commodities
34643.The first estimation of national income of india was made in 1876 by
Dr. V.K.R.V.Rao
Dadabhai Naoroji
Prof.P.C. Mahalanobis
Prof. D.R. Gadgil
34644.Which of the following is the basis for determining the national income?
Total Revenue of the state
Production of goods and services
Net Profit earned and expenditure incurred by the state
All of the above
34645.Which of the following features of Indian Economy cause problems in the measurement of National income?
I. Illiteracy
II. Rapid growth of public sector
III. Non-monetised consumption in the villages
IV. People holding multiple jobs
I. Illiteracy
II. Rapid growth of public sector
III. Non-monetised consumption in the villages
IV. People holding multiple jobs
I and II
I,II and IV
I,II and III
II,III and IV
34646.Which of the following taxes is NOT shared by the central government with the states?
union excise duties
Customs duty
income tax
estate duty
34647.The per capita income is
National Income x population
Population/ National Income
National Income/ population
None of these
34648.Inflation denotes the following situation
Price level rises- money value falls
Price level rises - money value rises
Price level falls - money value falls
price level falls- money value rises
34649.Devaluation means decrease in the
value of money in terms of world currency
value of money internally
valuation of gold
currency production of a country
34650.Credit creation increases
Real National income
Supply of money
Real wealth of the community
Purchasing power of the currency
34651.The volume of savings in a country depends upon the level of
National wealth
National income
Employment
Development of industries
34652.Which of the following is not viewed as national debt?
Life insurance policies
Long-term Government bonds
National savings Certificates
Provident Fund
34653.On which of the following do people of India spend most of their income?
Clothing
Food
Fuel and Light
Household durables
34654.The union government on January 30,2015 revised the base year as ____________ instead of 200-05 for calculating GDP growth.
2008-09
2010-11
2009-10
2011-12
34655.Which of the following steps may be taken by a government to check inflation temporarily?
Taxes should be reduced
Wages of workers should be increased
Money supply should be reduced
None of the above
34656.Which of the following is associated with the term deflation in economics?
Decrease in the supply of coins and currency notes
Decrease in the supply of goods and services
Decreased in the import of goods and services
Decreases in the money relating to the supply of goods and services
34657.The method by which the CSO estimates the national income is
Income method
Expenditure method
Production method
A combination of all the above
34658.The new stock exchange launched at Mumbai in Febraury,2013 is
MCX-SX
OTC Exchange of India
NSE
ISE