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Exercise
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1- In India, agricultural income is calculated by?
2- Who coined the term “Hindu rate of growth” for Indian Economy?
3- GDP at factor cost is?
- A.GDP Minus indirect taxes plus subsidies
- B.GNP minus depreciation allowance
- C.NNP plus depreciation allowance
- D.GDP Minus subsidies plus indirect taxes
- E.None of these
4- Per Capita Income is obtained by dividing National Income by?
- A.Total population of the country
- B.Total working population
- C.Area of the country
- D.Volume of the capital used
- E.None of these
5- Which one of the following is a development expenditure?
6- Gross Domestic Product (GDP) is defined as the value of all?
- A.goods produced in an economy in a year
- B.goods and services in an economy in a year
- C.Final goods produced in economy in a year
- D.Final goods and services produced in an economy in a year
- E.None of these
7- Net National Product (NNP) of a country is?
- A.GDP minus depreciation allowances
- B.GDP plus net income from abroad
- C.GNP minus net income from abroad
- D.GNP minus depreciation allowances
- E.None of these
8- Which sectors of Indian Economy contributes largest to the Gross National Product?
9- National Income estimates in India are prepared by?
- A.Planning Commission
- B.Reserve Bank of India
- C.Central Statistical Organisation
- D.Indian Statistical Institute
- E.None of these
10- Per Capita Income of a country derived from?