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Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Economics Subject - National Income , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test

1.
The largest proportion of national income comes from___________
Private sector
Local sector
Public sector
None of the above
2.
PQLI is the indicator of___________.
Economic growth
Economic welfare
Economic welfare
Economic development
3.
Which is a flow concept ?
Number of shirts
Total wealth
Monthly income
Money supply
4.
The value of national income adjusted for inflation is called_________
Inflation Rate
Disposal Income
GNP
Real national income
5.
The average income of the country is________
Personal Income
Per capita income
Inflation Rate
Disposal Income
6.
The value of NNP at production point is called _________.
NNP at factor cost
NNP at market cost
GNP at factor cost
Per capita income
7.
When net factor income from abroad is deducted from NNP, the net value is__________
Gross National Product
Disposable Income
Net Domestic Product
Personal Income
8.
The financial year in India is__________
April 1 to March 31
March 1 to April 30
March 1 to March 16
January 1 to December 31
9.
__________ is deducted from gross value to get the net value
Income
Depreciation
Expenditure
Value of final goods
10.
NNP stands for___________
Net National Product
National Net product
National Net Provident
National Net Provident
11.
GNP = _________ + Net factor income from abroad
NNP
NDP
GDP
Personal income
12.
Per capita income is obtained by dividing the National income by__________
Production
Population of a country
Expenditure
GNP
13.
National income is a measure of the__________ performance of an economy
Industrial
Agricultural
Economic
Consumption
14.
Tertiary sector is also called as __________sector
Service
Income
Industrial
Consumption
15.
Expenditure method is used to estimate national income in_______
Construction sector
Agricultural Sector
Service sector
Banking sector
16.
Which is the largest figure?
Disposable income
Personal Income
NNP
GNP
17.
Income method is measured by summing up of all forms of__________
Production
Taxes
expenditure
Income
18.
National income is measured by using_______ methods.
Two
Three
Five
Four
19.
20.
Net National product at factor cost is also known as
National Income
Domestic Income
Per capita Income
Salary
1.
(a)
Private sector
2.
(b)
Economic welfare
3.
(c)
Monthly income
4.
(d)
Real national income
5.
(b)
Per capita income
6.
(a)
NNP at factor cost
7.
(c)
Net Domestic Product
8.
(a)
April 1 to March 31
9.
(b)
Depreciation
10.
(a)
Net National Product
11.
(c)
GDP
12.
(b)
Population of a country
13.
(c)
Economic
14.
(a)
Service
15.
(a)
Construction sector
16.
(d)
GNP
17.
(d)
Income
18.
(b)
Three
19.
(c)
20.
(a)
National Income
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Tamilnadu Stateboard 12th Standard Subjects

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Physics

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Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

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