| 11. | On what basis is the national income of India calculated? |
A. Based on current prices | |
B. Based on fixed values | |
C. Based on both of the above | |
D. None of these |
| 12. | Presently, on which base year the national income figures are being calculated? |
A. 1970-71 | |
B. 1980-81 | |
C. 1993-94 | |
D. 2004-05 |
| 13. | One of the difficulties in the correct computation of national income in India is – |
A. Existence of non-monetary sector | |
B. Low pass savings | |
C. Half unemployment | |
D. Inflation |
| 14. | Which problem does not come to the fore in the correct computation of national income in India? |
A. Lack of adequate and accurate statistical methods | |
B. Abundance of crowdfunding | |
C. Disparity of non-monetary sector | |
D. Decrease in export production |
| 15. | Who was the first to estimate the national income in India? |
A. Dada Bhai Naoroji | |
B. RCV Rao | |
C. V.K. R.S. V. Rao | |
D. DR Godgil |
| 16. | In which book did Dadabhai Naoroji describe his money drain theory? |
A. Nature of British Colonial Rule | |
B. Poverty and Un British Rule in India | |
C. Exploitative Nature of British Rule in India | |
D. British Rule and its Consequences |
| 17. | Who has the maximum contribution in the national income of India? |
A. Primary sector | |
B. Secondary sector | |
C. Tertiary sector | |
D. All equal |
| 18. | Which sector has the least contribution in the national income of India? |
A. Primary sector | |
B. Secondary sector | |
C. Tertiary sector | |
D. None of these |
| 19. | By whom is the national income of India calculated? |
A. Policy commission | |
B. Ministry of finance | |
C. Central statistics organization | |
D. Reserve Bank of India |
| 20. | The most appropriate measure of economic growth of a country is – |
A. Gross Domestic Product (GDP) | |
B. Net Domestic Product (NDP) | |
C. Net National Product (NNP) | |
D. Per capita product |