National Income Accounting MCQs Mock Test of Class 12th Economics

Welcome to your National Income Accounting MCQs Mock Test of Class 12th Economics

1. 
Question 1. Which one is included in Primary Sector?

2. 
Question 2. To include the value of goods or services more than one time while calculating National Income is called :

3. 
Question 3. Which one is a component of profit?

4. 
Question 4. Which one is included in National Income?

5. 
Question 5. Which one of the following services are included in the Secondary Sector?

6. 
Question 6. GNP at MP = ______

7. 
Question 7. NDPMP = ________

8. 
Question 8. NNPMP = ________

9. 
Question 9. GDPFC =

10. 
Question 10. NDPFC =

11. 
Question 11. NNPFC =

12. 
Question 12. Which of the following is the method of measuring National Income?

13. 
Question 13. Why are the intermediate goods not included in the National Income while measuring National Income?

14. 
Question 14. Who had made the first attempt at National Income Accounting?

15. 
Question 15. Calculation of National Income at Market Prices is known as _________

16. 
Question 16. General Price Level is studied in:

17. 
Question 17. Employment Theory is related to :

18. 
Question 18. Which one of the following is included in ‘Stock’?

19. 
Question 19. Which one is included inflow ?

20. 
Question 20. Which of the following is included in real flow?

21. 
Question 21. Which services are provided by families to a firm?

22. 
Question 22. Increase in Stock of Capital is known as:

23. 
Question 23. Which of the following is sPktock ?

24. 
Question 24. Which one of the following is included in circular flow?

25. 
Question 25. Which one is included in the three-sector model?

26. 
Question 26. Which one is included in the four-sector model?

27. 
Question 27. Which is the equilibrium condition of circular flow in the four sector model?

28. 
Question 28. The primary sector includes:

29. 
Question 29. For a four sector or open economy the condition for equilibrium is:

30. 
Question 30. Which service is included in Tertiary Sector?

31. 
Question 31. Which of the following is not flow?

32. 
Question 32. The market price of all final goods of a country in a year is known as:

33. 
Question 33. Which one is true?

34. 
Question 34. GNPMp =?

35. 
Question 35. NNPMP = ?

36. 
Question 36. Depreciation expenses are included in:

37. 
Question 36. Depreciation expenses are included in:

38. 
Question 37. NDPFC = ?

39. 
Question 38. Accounting of National Income at constant prices is known as ________

40. 
Question 40. The subject of the Study of Macro Economics is:

41. 
Question 41. Macro Economics Studies:

42. 
Question 42. Net National Income at Factor Cost is called?

43. 
Question 43. Which one is included in National Income?

44. 
Question 44. What is the consumption of fixed capital called?

45. 
Question 45. Which of the following is correct?

46. 
Question 46. Which method is adopted in measuring National Income?

47. 
Question 47. Which sector is included in an economy?

48. 
Question 48. Which of the following is not included in the calculation of Gross National Product?

49. 
Question 49. If for a country net factor income from abroad is negative then:

50. 
Question 50. The market value of all final goods and services produced in an economy over a year is called :

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