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12th Standard English Medium Economics Subject National Income Creative 2 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 10

    2 Marks

    5 x 2 = 10
  1. What do you mean by National Income?

  2. Next to each of the following items indicate in the table which items belongs to GDP and which to GNP

    Rent paid to an Indian who owns land in America  
    Salary paid to foreigners working in the India for a Indian - owned company  
    Interest paid on a bond in a foreign-owned company to a Indian citizen  
    Profits earned in India by a foreign-owned company  
  3. What are Difficulties in assessing depreciation allowance?

  4. What is the features of GDPMP?

  5. What do you understand by Net Factor Income from Abroad (X-M)?

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