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12th Standard English Medium Economics Subject National Income Creative 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. National Income provides a comprehensive measure of _________ activities of a nation.

    (a)

    Economic activity

    (b)

    Production activity

    (c)

    Consumption activity

    (d)

    Industrial activity

  2. GDP calculate at market price is known as __________.

    (a)

    GDP at factor price

    (b)

    NDP at factor price

    (c)

    GNP at factor price

    (d)

    GDP at Market price

  3. Net Domestic = GDP - _________.

    (a)

    NNP

    (b)

    NDP

    (c)

    GNP

    (d)

    Depreciation

  4. GNP at Market prices = GDP at Market Price + __________.

    (a)

    Net Market Income

    (b)

    Net Factor Income from abroad

    (c)

    Both 'a' and 'b'

    (d)

    Personal Income

  5. _________ reflects the economic welfare of the country.

    (a)

    Personal Income

    (b)

    Percapita Income

    (c)

    Disposal Income

    (d)

    All of these

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