Description : Personal disposable income is equal to .. (a) Wages and salaries + Dividends paid at home - Personal income tax (b) Wages and salaries + Dividends paid at home + Factor income ... + Dividends paid at home + Factor income received from abroad - Transfers from government - Personal income tax.
Last Answer : (c) Wages and salaries + Dividends paid at home + Factor income received from abroad + Transfers from government – Personal income tax.
Description : Transfer payments include : (1) Gifts received from a friend (2) rent free accommodation by the employer (3) net factor income from abroad (4) Employee's contribution to social security
Last Answer : (4) Employee's contribution to social security Explanation: A transfer payment is a oneway payment of money for which no money, good, or service is received in exchange. Governments ... payments include welfare (financial aid), social security, and government making subsidies for certain businesses
Last Answer : Employee's contribution to social security
Description : Net factor income from abroad is equal to (a) NNP at market price – NDP at market price ; (b) NDP at market prices – Indirect taxes + Subsidies ; (c) NDP at factor cost + Depreciation ; (d) NNP at market prices + Depreciation
Last Answer : (a) NNP at market price – NDP at market price ;
Description : What does Net factor income from abroad added to GDP give? -Do You Know?
Last Answer : answer:
Description : If the domestic factor income is ₹ 200 crores and the national income is ₹ 190 crores , how much will be the net factor income from abroad ?
Last Answer : If the domestic factor income is ₹ 200 crores and the national income is ₹ 190 crores , how much will be the net factor income from abroad ?
Description : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ 200 . Indirect Taxes = ₹ 420 , Subsidies =
Last Answer : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ ... A. 3380 B. 2, 980 C. 3020 D. 2, 620
Description : Calculate Factor Income to abroad .
Last Answer : Calculate Factor Income to abroad .
Description : What does Net factor income from abroad added to GDP give?
Last Answer : GNP
Description : What is the sum total of gross value added of all the firms in the country added with the net factor income from abroad? a) Gross Domestic Product b) Gross National Product c) Net Domestic Product d) Net National product
Last Answer : b) Gross National Product
Description : Which of the following equation is correct? (a) GNP=GDP+Net factor income from abroad (b) GNP=GDP+Gross factor income from abroad (c) GNP=GDP-Net factor income from abroad (d) GNP=GDP-Gross factor income from abroad
Last Answer : (a) GNP=GDP+Net factor income from abroad
Description : GDP at factor cost exceeds GDP at market price (a) When the factor income from abroad is negative ; (b) When depreciation on fixed capital exceeds income in investment; (c) When direct tax exceeds indirect tax ; (d) When subsidies exceeds indirect taxes.
Last Answer : (d) When subsidies exceeds indirect taxes.
Description : What is the Gross National Product? a) The total value of Good and services manufactured in the country b) The total value of all the transactions in the country c) Reduction in the total value ... d) The total worth of goods and services generated in the country and net factor income from abroad.
Last Answer : Answer- d
Description : What do you mean by Gross National Product? a) The total value of goods and services produced in the country b) The total value of all transactions in the country c) Depreciation in the total ... d) The total value of goods and services produced in the country and net factor income from abroad
Description : 1. When did Mr. Attlee, Prime Minister of England, announce tile transfer of power to the Indians? 2. Who is the recepient of Nobel Prize for the development of Wireless Telegraphy? 3. ... detailed pictures of which comet nucleus? 20. Of which site of Harappan is associated with rice cultivation?
Last Answer : Answer : 1. June, 1948 2. Marconi 3. GNP 4. Typhoons 5. Samudragupta 6. Ashapurna Devi 7. habitat destruction 8. Ministry of Human Affairs 9. Indequacy of water supply 10. Tansen 11. Synthetic petrol 12. ... 14. Kerala 15. Harivijaya 16. Pituitary 17. 530 18. Homi J. Bhabha 19. Tempel 1 20. Lothal
Description : Income and expenses for the year 2012 are- Fee Received in Cash - Rs.24,000 Accrued Fee - Rs.6,000 Rent for Chamber Paid - Rs.6,000 Outstanding Rent - Rs.2,000 Salary Paid to Staff - Rs.6,000 Miscellaneous Expenses Paid - Rs. ... basis ? (A) Rs. 11,800 (B) Rs. 13,200 (C) Rs. 16,800 (D) Rs. 30,000
Last Answer : Answer: Rs. 13,200
Description : Mark the correct option relating to how are the postal income and postal cost of any office calculated in urban area. a) 43/120 of the value of all postage stamps and stationery sold at the ... /42 of the postage due on unpaid and insufficiently paid article posted at office. e) All the above
Last Answer : e) All the above
Description : Mark the correct option relating to how are the postal income and postal cost of any office calculated in rural area. a) 2/5 of the value of all postage stamps and stationery sold at the office ... 1/8 of the postage due on unpaid and insufficiently paid article posted at office. e) All the above
Description : Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as ... ) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable
Last Answer : d) Rs.230000 is taxable
Description : The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to ... Making it easier for governments to censor the information received by their citizens from abroad.
Last Answer : Cutting the cost for firms of communicating across borders.
Description : Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the ... be collected at the time of delivery c) a and b are correct d) None of these correct
Last Answer : c) a and b are correct
Description : Unpaid and insufficiently paid article other than letter and postcard for foreign countries received in posting a) Should be forwarded to RLO b) Should be forwarded to the office of exchange . c) Should ... on recovery of an amount equal to double the deficiency at inland rate. d) None of these
Last Answer : c) Should be returned to the sender for delivery on recovery of an amount equal to double the deficiency at inland rate.
Description : I received a failure to yield ticket on Dec 12,2008. It says my court date is March 10,2008. Is this error a valid reason to have the ticket dismissed?
Last Answer : Call the number listed on the ticket and ask clerk for verification of court date. A warrant could be issued for your arrest if you fail to appear on court date.
Description : In a system designed to work out the tax to be paid: An employee has £4000 of salary tax free. The next £1500 is taxed at 10%. The next £28000 after that is taxed at 22%. Any further amount is taxed ... of these is a valid Boundary Value Analysis test case? A. £28000. B. £33501. C. £32001. D. £1500
Last Answer : B. £33501.
Description : Is Visa Business Halal ? I live abroad. I arrange for people from Bangladesh to get a visa to Germany , there is no fee from them , but will my income be halal? I will gain very little after all the expenses. I will be very helpful if you answer the question. Thanks.
Last Answer : Halal earning is an important issue for the believer as he has to be accountable for the source of earning on the Day of Resurrection. (Sunan al-Tirmidhi , Hadith No. 2417) And Islam has made all ... Prophet (peace and blessings of Allaah be upon him ) said : (Sunan Tirmidhi , Hadith No. 1209)
Description : Net National Product of a country is - (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances
Last Answer : (4) GNP minus depreciation allowances Explanation: Net national product (NNP) is the total market value of all final goods and services produced by residents in a country or other polity during a given ... and NDP is equal to gross domestic product (GDP) minus depreciation: NDP = GDP - depreciation.
Description : The incomes of Indians working abroad are a part of - (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India
Last Answer : (3) net domestic product of India Explanation: Domestic Product is the ross money value of all final goods and services produced in the domestic territory of a country during a year. National Product ... by the normal residents of a country during a year. It includes net factor income from abroad.
Description : The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is (a) Excess of subsidies over indirect taxes ; (b) Depreciation ; (c) Net foreign income from abroad (d) Excess of indirect taxes over subsidies
Last Answer : (c) Net foreign income from abroad
Description : The incomes of Indians working abroad are a part of (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India
Last Answer : net domestic product of India
Description : Net National Product of a country is (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances
Last Answer : GNP minus depreciation allowances
Description : Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining ... indicates surplus capital and shows the relationship among total income, costs & profit over the time interval
Last Answer : (C) Working capital turnover ratio = sales/net working capital
Description : Personal disposable income is : (1) always equal to personal income. (2) always more than personal income. (3) equal to personal income minus direct taxes paid by household. (4) equal to personal income minus indirect taxes.
Last Answer : (3) equal to personal income minus direct taxes paid by household. Explanation: Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal ... category of personal (or, private) consumption expenditure) yields personal (or, private) savings
Last Answer : equal to personal income minus direct taxes paid by household.
Description : I applied for PUA in MA, and received eligibility.However my payment keep saying pending and when I click on payment history, it shows this in every weeks payment "This week is not being paid while an issue is resolved." Anyone knows what this means?
Last Answer : I was told this is standard practice. It has gone to the group that checks identity so "we know you are who you say you are." Assured that "you didn't do anything wrong." Apologized for ... earnings' for several weeks; then two payments with no explanation; then suspended pending now for a month.)
Description : Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, ... entered in remarks column d) All documents sent to along with the daily account e) All the above
Description : A money order booked at the value of RS 1000/- received for payment without oblong stamp impression – the MO should be a) Paid as usual b) Case should be reported to office of issue detaining the MO c) MO to be retuned to office of issue d) Matter should be reported to Superintendent
Last Answer : b) Case should be reported to office of issue detaining the MO
Description : In case money order received for payment to a blind person a) The provision as for payment of MOs to minors to be followed b) Money order should not be paid but returned to remitter c) ... to pardanishin woman to be followed d) Provision for payment of MOs to illiterate payees should be observed
Last Answer : d) Provision for payment of MOs to illiterate payees should be observed
Description : If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living ... can be made to person in whose care the minor is living on getting an undertaking d) All the above
Last Answer : d) All the above
Description : If a money order payable to a person whose identity is not known to the PO is received a) It cannot be paid at window b) It should be paid on proper identification b a person known to the PO c) Should be returned to the sender d) Can be redirected/dispersed as per written instruction of the person
Last Answer : b) It should be paid on proper identification b a person known to the PO
Description : High Value money order received without HVMO list a) Will be returned to the remitter b) Will be paid as usual c) Will be sent to divisional office for further order d) Will be kept in deposit to ascertain genuineness from the office of issue
Last Answer : d) Will be kept in deposit to ascertain genuineness from the office of issue
Description : A money order received for payment to minor of 5 year old is paid to a) Parent or guardian b) Minor himself c) Any elder available at the given address d) None of these
Last Answer : a) Parent or guardian
Description : Mark the correct option a) In case of inward Foreign article if postage stamps which are not cancelled by the o/o origin received, it should be cancelled by a thick stroke in ink. b) UR articles ... which postage due should be impressed on the back with the PMs unpaid stamp only e) All the above
Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975
Last Answer : 3; SP = 100, SP (with tax) = 130 New SP = 100 - 5 = 95 Effective discount = 130 - 95 = 35 So, when SP of 95, discount = 35 And when SP of Rs. 16,150, discount = 35/95x16150 = Rs. 5950
Description : Jake's Market recorded the following events involving a recent purchase of merchandise: Received goods for $20,000, terms 2/10, n/30. Returned $400 of the shipment for credit. Paid $100 freight on the shipment. ... . b. increased by $19,700. c. increased by $19,306. d. increased by $19,308.
Last Answer : d. increased by $19,308.
Description : Zach's Market recorded the following events involving a recent purchase of merchandise: Received goods for $50,000, terms 2/10, n/30. Returned $1,000 of the shipment for credit. Paid $250 freight on the shipment ... 020. b. increased by $49,250. c. increased by $48,265. d. increased by $48,270.
Last Answer : d. increased by $48,270.
Description : Monetary items _________ (a) Are assets and liabilities to be received or paid in money (b) Are assets to be received in fixed or determinable amounts of money (c) Are money held and assets and ... to be received or paid in fixed or determinable amounts of money (d) None of the above
Last Answer : Are money held and assets and liabilities to be received or paid in fixed or determinable amounts of money
Description : Which of the following is not a nominal Account? A] Outstanding salaries Account B] Salaries account C] Interest paid D] Commission received
Last Answer : A] Outstanding salaries Account
Description : HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner ... c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable
Last Answer : c. rupees 75 lakh is taxable
Description : In the case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from A. Operating activities B. Financing activities C. Investing activities D. None of the above
Last Answer : A. Operating activities