Indian Economy

Which statement about NNP is correct?

A GDP plus depreciation
B GDP minus imports
C GVA plus taxes
D GNP minus consumption of fixed capital

What is the correct description of Per capita income?

A income or output divided by population
B GDP divided by exports
C Savings divided by investment
D Tax revenue divided by firms

Which of the following is most closely associated with Per capita income?

A income or output divided by population
B Savings divided by investment
C GDP divided by exports
D Tax revenue divided by firms

In Indian economic terminology, Per capita income refers to:

A income or output divided by population
B Tax revenue divided by firms
C GDP divided by exports
D Savings divided by investment

Which statement about Per capita income is correct?

A GDP divided by exports
B Savings divided by investment
C Tax revenue divided by firms
D income or output divided by population

What is the correct description of Value added?

A Output plus imports
B Taxes minus subsidies
C Wages plus taxes only
D output value minus intermediate inputs

Which of the following is most closely associated with Value added?

A Wages plus taxes only
B Taxes minus subsidies
C output value minus intermediate inputs
D Output plus imports

In Indian economic terminology, Value added refers to:

A Wages plus taxes only
B Taxes minus subsidies
C Output plus imports
D output value minus intermediate inputs

Which statement about Value added is correct?

A output value minus intermediate inputs
B Wages plus taxes only
C Output plus imports
D Taxes minus subsidies

What is the correct description of Double counting?

A counting the same economic value more than once
B Counting only final goods
C Counting depreciation
D Counting exports once

Which of the following is most closely associated with Double counting?

A counting the same economic value more than once
B Counting only final goods
C Counting exports once
D Counting depreciation

In Indian economic terminology, Double counting refers to:

A Counting depreciation
B Counting only final goods
C Counting exports once
D counting the same economic value more than once

Which statement about Double counting is correct?

A Counting depreciation
B Counting only final goods
C Counting exports once
D counting the same economic value more than once

What is the correct description of Transfer payment?

A Wage payment
B a payment not made in exchange for current productive services
C Payment for machinery
D Export receipt

Which of the following is most closely associated with Transfer payment?

A Payment for machinery
B Export receipt
C Wage payment
D a payment not made in exchange for current productive services

In Indian economic terminology, Transfer payment refers to:

A Payment for machinery
B Wage payment
C Export receipt
D a payment not made in exchange for current productive services

Which statement about Transfer payment is correct?

A Export receipt
B Wage payment
C Payment for machinery
D a payment not made in exchange for current productive services

What is the correct description of Depreciation?

A Increase in capital stock
B Tax expenditure
C loss of value of fixed capital through use, wear or obsolescence
D Inventory investment

Which of the following is most closely associated with Depreciation?

A Increase in capital stock
B loss of value of fixed capital through use, wear or obsolescence
C Inventory investment
D Tax expenditure

In Indian economic terminology, Depreciation refers to:

A Inventory investment
B Increase in capital stock
C Tax expenditure
D loss of value of fixed capital through use, wear or obsolescence

Which statement about Depreciation is correct?

A Tax expenditure
B Inventory investment
C Increase in capital stock
D loss of value of fixed capital through use, wear or obsolescence

What is the correct description of Gross capital formation?

A Household consumption
B Net exports
C Government transfers
D investment in fixed assets, inventories and related capital formation

Which of the following is most closely associated with Gross capital formation?

A Government transfers
B Net exports
C investment in fixed assets, inventories and related capital formation
D Household consumption

In Indian economic terminology, Gross capital formation refers to:

A Household consumption
B Net exports
C investment in fixed assets, inventories and related capital formation
D Government transfers

Which statement about Gross capital formation is correct?

A Government transfers
B investment in fixed assets, inventories and related capital formation
C Household consumption
D Net exports