Share Facebook Email Telegram WhatsApp Results #1. Which of the following is not a method to calculate the Gross Domestic Product (GDP)? Product method Product method Income law Income law Expenditure method Expenditure method Diminishing cost method Diminishing cost method #2. The total amount of income from economic activities across the country in a year is called ........ Disposable income Disposable income National income National income Personal income Personal income Private Income Private Income #3. Which of the following statements is correct? GDP at factor cost = Net Value Addition + Depreciation GDP at factor cost = Net Value Addition + Depreciation GDP at factor cost = Net Value Addition - Depreciation GDP at factor cost = Net Value Addition - Depreciation GDP at factor cost = Net price increase + indirect tax GDP at factor cost = Net price increase + indirect tax GDP at factor cost = Net price increase + direct tax GDP at factor cost = Net price increase + direct tax #4. What is the size of India's economy at present on a nominal GDP basis? US$ 2.93 trillion US$ 2.93 trillion US$ 11.30 trillion US$ 11.30 trillion US$ 3.5 trillion US$ 3.5 trillion None of the above None of the above #5. Which of the following institutions releases the “World Economic Outlook Report”? World Bank World Bank Federal Reserve Bank Federal Reserve Bank International Monetary Fund International Monetary Fund International Finance Corporation International Finance Corporation #6. What is the base year for calculating India's GDP? 2004-05 2004-05 2010-11 2010-11 2011-12 2011-12 2014-15 2014-15 #7. Who releases data of national income in India? NSSO NSSO CSO CSO NITI Aayog NITI Aayog None of the following None of the following #8. Which country is the fourth-largest economy in the world in terms of nominal GDP? Germany Germany Britain Britain Japan Japan Russia Russia #9. Which of the following is a part of the Gross National Product (GNP)? Exports Exports Money earned by a resident abroad Money earned by a resident abroad Imports Imports All of the above All of the above #10. The average income of a country is known as _________ Real National Income Real National Income Per Capita Income Per Capita Income Disposable Income Disposable Income None of the above None of the above Finish
