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Published on: 13/05/2022
QB365 provides detailed and simple solution for every book back questions in class 12 Economics subject.It will helps to get more idea about question pattern in every book back questions with solution.
latest Book back QuestionsDownload 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 Test1.
Why is self consumption difficult in measuring national income?
2.
What do you mean by the term ‘Personal Income’?
3.
Trace the relationship between GNP and NNP.
4.
Write the formula for calculating GNP.
5.
1.
(i) Farmers keep a large portion of food and other goods produced on the farm for self consumption.
(ii) This amount varies from person to person.
(iii) The problem is whether this unsold portion should be included in NI or not.
2.
It is the total income received by the individuals of a country before payment of direct tax.
Personal Income = National Income
- (Social Security Contribution and undistributed corporate profits)
+ Transfer payments
3.
(i) NNP is obtained deducting the value of depreciation from GNP.
(ii) NNP = GNP - depreciation allowance.
4.
\(\mathrm{GNP}=\mathrm{C}+\mathrm{I}+\mathrm{G}+(\mathrm{X}-\mathrm{M})+(\mathrm{R}-\mathrm{P})\) or \(\mathrm{GNP}_{\mathrm{MP}}=\mathrm{GDP}_{\mathrm{MP}}\) + Net Factor income from Abroad.
5.
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Computer Applications

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History

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