National Income of India

21.The method of measurement of national income is not
A. Value added method
B. Income tax
C. Investment method

D. Expense method

Option “C” is correct.
22.Which method is not a method of national income estimation?
A. Expenditure method
B. Product method
C. Matrix method

D. Income pattern

Option “C” is correct.
23.Which of the following is subtracted from NNP to arrive at national income?
A. Indirect tax
B. Capital consumption exemption
C. Subsidy

D. Interest

Option “A” is correct.
24.Which of the following is subtracted from GNP to get NNP?
A. Decline
B. Interest
C. Do

D. Servo

Option “A” is correct.
25.Gross National Product – Depreciation = ?
A. Per capita income
B. Net national product
C. Personal Income

D. Gross Domestic Product

Option “B” is correct.
26.The net national product (NNP) of a country is
A. By increasing depreciation allowances in gross domestic product
B. Adding net income from abroad to gross domestic product
C. GDP minus net income from abroad

D. Gross Domestic Product minus depreciation allowances

Option “D” is correct.
27.The best index of economic development is provided by –
A. By year-on-year growth in per capita real income
B. Increase in national income at current prices
C. By increasing the savings ratio

D. By improving the balance of payments position

Option “A” is correct.
28.The fish caught by Indian fishermen in international waters is a part of the GDP of which of the following?
A. Sri Lanka
B. India and Sri Lanka
C. India

D. India and Indonesian

Option “C” is correct.
29.Which of the following is not taken into account while estimating national income by income method?
A. Rent
B. Mixed income
C. Pension

D. Undistributed income

Option “D” is correct.
30.Which of the following is required to be taken into account while computing the national income estimate?
A. Export value to be added and import value to be deducted
B. Value addition of both exports and imports
C. Deducting export value and adding import value

D. Reducing the value of both exports and imports

Option “A” is correct.