Notes Macro Economics-Online Practice Exam 5 September 2, 2023 December 14, 2023 NET / SET Online Practice Exams Test Multi-choice 5 Question 1. Grant in aid is transfer of funds from government to Answers Option 1 Household Option 2 Fims Option 3 State government Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 2. In India, national income is estimated by Answers Option 1 Central Statistical Organisation Option 2 Planning commission Option 3 Finance commission Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Which institute collects statistical data for calculating contribution of organised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which institute collects statistical data for calculating contribution of unorganised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Smallest national income accounting aggregates is usually Answers Option 1 NNPFC Option 2 GDPMP Option 3 Personal income Option 4 Personal Disposable Income Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 6. Is sale of second hand house include in national income? Answers Option 1 Partly Option 2 Wholly Option 3 Totally ignored Option 4 Depends on the situation Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 7. Depreciation is loss of value of Answers Option 1 Stock of inventory Option 2 Final goods Option 3 Machinery Option 4 Consumer goods Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 8. Difference in GNPFC and GDPFC is equal to Answers Option 1 Net factor income earned from abroad Option 2 Export-import Option 3 Net Foreign Direct Investment Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Personal income -personal tax is equal to Answers Option 1 GNP Option 2 Per Capita Income Option 3 Disposable income Option 4 None of above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Real income growth rate is equal to Answers Option 1 monetary growth rate – inflation rate Option 2 monetary income growth rate – rate of growth of population Option 3 Both of the above Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.info << Prev Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook Twitter
Multi-choice 5 Question 1. Grant in aid is transfer of funds from government to Answers Option 1 Household Option 2 Fims Option 3 State government Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 2. In India, national income is estimated by Answers Option 1 Central Statistical Organisation Option 2 Planning commission Option 3 Finance commission Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Which institute collects statistical data for calculating contribution of organised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which institute collects statistical data for calculating contribution of unorganised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Smallest national income accounting aggregates is usually Answers Option 1 NNPFC Option 2 GDPMP Option 3 Personal income Option 4 Personal Disposable Income Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 6. Is sale of second hand house include in national income? Answers Option 1 Partly Option 2 Wholly Option 3 Totally ignored Option 4 Depends on the situation Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 7. Depreciation is loss of value of Answers Option 1 Stock of inventory Option 2 Final goods Option 3 Machinery Option 4 Consumer goods Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 8. Difference in GNPFC and GDPFC is equal to Answers Option 1 Net factor income earned from abroad Option 2 Export-import Option 3 Net Foreign Direct Investment Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Personal income -personal tax is equal to Answers Option 1 GNP Option 2 Per Capita Income Option 3 Disposable income Option 4 None of above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Real income growth rate is equal to Answers Option 1 monetary growth rate – inflation rate Option 2 monetary income growth rate – rate of growth of population Option 3 Both of the above Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 5 Question 1. Grant in aid is transfer of funds from government to Answers Option 1 Household Option 2 Fims Option 3 State government Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 2. In India, national income is estimated by Answers Option 1 Central Statistical Organisation Option 2 Planning commission Option 3 Finance commission Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Which institute collects statistical data for calculating contribution of organised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which institute collects statistical data for calculating contribution of unorganised sector Answers Option 1 National Sample Survey Organisation Option 2 Annual Survey of Industries Option 3 Central Statistical Organisation Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Smallest national income accounting aggregates is usually Answers Option 1 NNPFC Option 2 GDPMP Option 3 Personal income Option 4 Personal Disposable Income Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 6. Is sale of second hand house include in national income? Answers Option 1 Partly Option 2 Wholly Option 3 Totally ignored Option 4 Depends on the situation Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 7. Depreciation is loss of value of Answers Option 1 Stock of inventory Option 2 Final goods Option 3 Machinery Option 4 Consumer goods Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 8. Difference in GNPFC and GDPFC is equal to Answers Option 1 Net factor income earned from abroad Option 2 Export-import Option 3 Net Foreign Direct Investment Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Personal income -personal tax is equal to Answers Option 1 GNP Option 2 Per Capita Income Option 3 Disposable income Option 4 None of above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Real income growth rate is equal to Answers Option 1 monetary growth rate – inflation rate Option 2 monetary income growth rate – rate of growth of population Option 3 Both of the above Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
