Macro Economics-Online Practice Exam 6
Notes
Macro Economics-Online Practice Exam 6
Notes

Macro Economics-Online Practice Exam 6

NET / SET Online Practice Exams

Test

Multi-choice 6

Question

1. National income is

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NNPfc

NNPmp

GNPfc 

GNPmp

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Question

2. Difference between NNPfc and NNPmp is equal to

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Subsidies

Export – Import

Tax – subsidies

Transfer payment

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Question

3. Pension is an example of

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Grant

Transfer payment

Subsidies 

None of the above

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Question

4. Export – import part of

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GDP

GNP

Both (a) and (b)

None of the above

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Question

5. Primary sector included

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Agriculture

Construction

Banking

Transport

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Question

6. Secondary sector includes

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Mining

Manufacturing

Banking

Transport

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Question

7. Tertiary Sector includes 

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Banking

Manufacturing

Forest

Mining

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Question

8. The tertiary sector of an economy refers to

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Agriculture and mining

Service sector

Industrial sector

None of the above

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Question

9. Deflation is a technique of

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Adjust for error

Adjust for change in price level

Adjust for per capita income

None of above

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Question

10. The largest contribution of india’s GNP is made by

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Construction

Mining

Banking

Agriculture

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