Multi-choice 7 Question 1. Welfare as measured by rising per capita incone will be better appreciated if it is achieved by giving Answers Option 1 Shorter working hours Option 2 More leisure Option 3 Longer working hours Option 4 Both (a) and (b) Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. National income is Answers Option 1 Government revenue Option 2 Budget estimate Option 3 Sum total of income Option 4 Revenue of firms Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 3. All the privite individuals, inckme added together will be called Answers Option 1 NNPFC Option 2 GDPMP Option 3 Personal income Option 4 National income Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 4. India calculate national income by Answers Option 1 One method Option 2 Two method Option 3 Three method Option 4 Mixture of all the three Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. in India difference between GNP and GDP is insignificant because of Answers Option 1 Export is insignificant Option 2 Net income earned from abroad is insignificant Option 3 Foreign investment is insignificant Option 4 Import is insignificant Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. National Income calculation ignores Answers Option 1 Income from illegal business Option 2 Work of house wife Option 3 Manufacturing Option 4 Only (a) and (b) Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 7. Consumption expenditure + savings equal to Answers Option 1 GDPFC Option 2 NNPFC Option 3 Personal disposable income Option 4 Personal income Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 8. Relation between demand for final output and demand for all input was to determine macro economic consistency by Answers Option 1 Leontieff Option 2 Marshall Option 3 Ricard Stone Option 4 Kuznets Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. 'Balance sheet' of the company is a Answers Option 1 Stock Option 2 Flow Option 3 Change in stock Option 4 Quasi stock Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Profit and loss account of the company is Answers Option 1 Stock Option 2 Flow Option 3 Change in stock Option 4 Quasi stock Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback)
Multi-choice 7 Question 1. Welfare as measured by rising per capita incone will be better appreciated if it is achieved by giving Answers Option 1 Shorter working hours Option 2 More leisure Option 3 Longer working hours Option 4 Both (a) and (b) Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. National income is Answers Option 1 Government revenue Option 2 Budget estimate Option 3 Sum total of income Option 4 Revenue of firms Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 3. All the privite individuals, inckme added together will be called Answers Option 1 NNPFC Option 2 GDPMP Option 3 Personal income Option 4 National income Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 4. India calculate national income by Answers Option 1 One method Option 2 Two method Option 3 Three method Option 4 Mixture of all the three Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. in India difference between GNP and GDP is insignificant because of Answers Option 1 Export is insignificant Option 2 Net income earned from abroad is insignificant Option 3 Foreign investment is insignificant Option 4 Import is insignificant Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. National Income calculation ignores Answers Option 1 Income from illegal business Option 2 Work of house wife Option 3 Manufacturing Option 4 Only (a) and (b) Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 7. Consumption expenditure + savings equal to Answers Option 1 GDPFC Option 2 NNPFC Option 3 Personal disposable income Option 4 Personal income Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 8. Relation between demand for final output and demand for all input was to determine macro economic consistency by Answers Option 1 Leontieff Option 2 Marshall Option 3 Ricard Stone Option 4 Kuznets Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. 'Balance sheet' of the company is a Answers Option 1 Stock Option 2 Flow Option 3 Change in stock Option 4 Quasi stock Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Profit and loss account of the company is Answers Option 1 Stock Option 2 Flow Option 3 Change in stock Option 4 Quasi stock Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback)
