Adaptive Practice
National Income Accounting
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Question 1 of 10
⏱ 0:30
Easy
Which of the following is included in the calculation of Gross Domestic Product (GDP) at market prices?
Medium
Which formula correctly represents the relationship between GDP at market prices and GDP at factor cost?
Easy
Which of the following is NOT included in the calculation of National Income?
Medium
Net National Product (NNP) at factor cost is obtained by:
Easy
If Net Domestic Product (NDP) at market prices is ₹10,00,000 and net indirect taxes are ₹50,000, what is NDP at factor cost?
Easy
Which of the following best describes 'Depreciation' in National Income Accounting?
Hard
Which of the following is the correct sequence to derive National Income from GDP at market prices?
Medium
In the income method of calculating National Income, which of the following is NOT included?
Hard
If the Gross National Product (GNP) at market prices is ₹50 lakh, net indirect taxes are ₹5 lakh, depreciation is ₹3 lakh, and net factor income from abroad is ₹2 lakh, what is the Net Domestic Product (NDP) at factor cost?
Medium
Which of the following statements about 'Net Factor Income from Abroad' (NFIA) is correct?