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Economy Previously Asked Questions: National Income
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Economy Previously Asked Questions: National Income
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25 Questions

1. One of the problems in calculating National Income in India is
2. The most simple and popular method of measuring economic development is to calculate the trend of Gross National Product
(GNP) at
3. Which of the following statements is not true of the Indian Economy?
4. The term National Income represents
5. The Government of India has decided to revise the base for estimating the GDP from
6. Indicate the vital change in the measurement of National Income of India.
7. The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the later takes into account the rate of
8. Which among the following sectors contribute most to GDP of India?
9. Which of the following is a sign of economic growth?
10. National Sample Survey Office
(NSSO) was established in the year
11. Which of the following is/are the component(s) of Gross Domestic Capital Formation (GDCF)?
1. Gross Domestic Saving
2. Net Capital Inflow
3. Direct Foreign Investment Choose the correct answer from the codes given below. Code
12. National Income is the
13. Who among the following was the Chairman of National Committee appointed by Government of India in 1949?
14. Which of the following methods is not being used in the unemployment estimation by the NSSO in India?
15. Economic Survey in India is published by
16. What was India's estimated GDP growth rate for 2018-19 in the Economic survey?
17. Which of the following causes have been mainly responsible for the slow growth of real per capita income in India?
1. Rapid rise in population
2. Rapid rise in prices
3. Slow pace of progress in agriculture and industrial fields
4. Non-availability of foreign exchange Choose the correct answer from the codes given below.
18. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
19. In an open economy, the National Income (y) of the economy is (C, I, G, X, M, Y stand for Consumption, Investment, Government Expenditure, Total Exports, Total Imports and National Income, respectively). Select the correct answer from the following.
20. In India, National Income is computed by which of the following?
21. When National Income is calculated with reference to a base year, it is called
22. The most appropriate measure of a country's economic growth is its
23. The first measure of India's National Income was made by
24. The national income of a country for a given period is equal to the
25. Which among the following are the factors that determine the national income of a country?