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12th Standard English Medium Economics Subject National Income Book Back 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. The financial year in India is__________

    (a)

    April 1 to March 31

    (b)

    March 1 to April 30

    (c)

    March 1 to March 16

    (d)

    January 1 to December 31

  2. When net factor income from abroad is deducted from NNP, the net value is__________

    (a)

    Gross National Product

    (b)

    Disposable Income

    (c)

    Net Domestic Product

    (d)

    Personal Income

  3. The value of NNP at production point is called _________.

    (a)

    NNP at factor cost

    (b)

    NNP at market cost

    (c)

    GNP at factor cost

    (d)

    Per capita income

  4. PQLI is the indicator of___________.

    (a)

    Economic growth

    (b)

    Economic welfare

    (c)

    Economic welfare

    (d)

    Economic development

  5. The largest proportion of national income comes from___________

    (a)

    Private sector

    (b)

    Local sector

    (c)

    Public sector

    (d)

    None of the above

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