Description : What does Net factor income from abroad added to GDP give? -Do You Know?
Last Answer : answer:
Description : What does Net factor income from abroad added to GDP give?
Last Answer : GNP
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 : 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 : 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 : 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 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 : 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 : 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 : 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 : 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
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 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
Last Answer : Employee's contribution to social security
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 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 : GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents
Last Answer : ; (b) Indirect taxes ;
Description : Calculate Factor Income to abroad .
Last Answer : Calculate Factor Income to abroad .
Description : If factor income received from abroad is equal to factor income paid abroad , then which of the following is not a valid statement ?
Last Answer : If factor income received from abroad is equal to factor income paid abroad , then which of the following ... = `GNP_(MP)` D. All are valid
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 : The method of calculating the national income by the product method is otherwise known as : (1) Income method (2) Value added method (3) Expenditure method (4) Net output method
Last Answer : (4) Net output method Explanation: Primarily there are three methods of measuring national income. Which method is to be employed depends on the availability of data and purpose. The methods ... account. In this method, National Output = National Expenditure (Aggregate Demand) = National Income.
Description : In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three
Last Answer : C. Production method
Description : In agricultural sector net value added is estimated by (a) Income method ; (b) Expenditure method ; (c) Production method ; (d) All the three
Last Answer : ; (c) Production method ;
Last Answer : Net output method
Description : Nominal GDP is A. The total value of goods and services net of exports B. The total value of goods and services produced during periods of low unemployment C. The total value of goods and services measured at current prices D. The total value of goods and services produced at full employment.
Last Answer : C. The total value of goods and services measured at current prices
Description : Which of the following is not a component of GDP? (a) Government spending (b) Investment © Interest (d) Net exports
Last Answer : © Interest
Description : If we add……………. to net domestic production we get GDP (a) Depreciation ; (b) Direct tax ; (c) Indirect tax ; (d) Interest payment
Last Answer : (a) Depreciation ;
Description : Nominal GDP is (a) The total value of goods and services net of exports (b) The total value of goods and services produced during periods of low unemployment (c) The total value of goods and services measured at current prices (d) The total value of goods and services produced at full employment.
Last Answer : (c) The total value of goods and services measured at current prices
Description : GDP at market prices is the sum of Consumption, Investment, Government Spending and Net Exports. „Net‟ exports is (a) Gross exports minus depreciation ; (b) Exports minus imports ; (c) Gross exports earnings minus capital inflow ; (d) Export minus imports of merchandize
Last Answer : (b) Exports minus imports ;
Description : A person returning from abroad can retain foreign currency up to what period? -Do You Know?
Description : Does this graph of median income and per capita GDP pretty much say it all?
Last Answer : answer:You might find the Gini coefficient interesting. We keep some bad company in the income inequality department. But don’t worry. If you work hard enough you will be rich someday. ~
Description : Which of the following is a better measurement of Economic Development? (1) GDP (2) Disposable income (3) NNP (4) Per capita income
Last Answer : (4) Per capita income Explanation: Per capita income or average income or income per person is the mean income within an economic aggregate, such as a country or city. It is calculated by taking a ... individuals and nation. Besides, it helps to show the level of inequality in a society or country.
Description : Poverty line is expressed in terms of an overall _______ A. Per capita Income B. Per Capita consumption expenditure C. Per Capita entertainment expenditure D. Per Capita development expenditure E. Per Capita GDP
Last Answer : B. Per Capita consumption expenditure Explanation: In India consumption-expenditure has been made the basis for the measurement of the minimum standard. The usual method is to fix a poverty level. This level is expressed in terms of an overall per capita consumption-expenditure.
Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C
Last Answer : c. budget surplus of $1000
Description : 5. Disposable Income is equal to: a. National Income c. National Income Minus Taxes b. Real GDP c. National Income Minus Taxes d. National Income Minus Taxes Plus Transfers
Last Answer : d. National Income Minus Taxes Plus Transfers
Description : The terms of trade measures (a) the income of a country compared to another (b) The GDP of a country compared to another © The quantity of exports of a country compared to another (d) Export prices compared to import prices.
Last Answer : (d) Export prices compared to import prices.
Description : Given the supply quantity which is fixed an increase in aggregate demand will have direct impact on (a) Increase in GDP ; (b) Inflationary pressure ; (c) Greater employment opportunity; (d) More equitable distribution of income and wealth
Last Answer : (b) Inflationary pressure ;
Description : Which of these would not be part of GDP? (a) Sale of Intermediate goods ; (b) Income from illegal betting ; (c) Household services rendered by a house wife in her family ; (d) All the three
Last Answer : (d) All the three
Description : Which of the following is a better measurement of Economic Development ? (1) GDP (2) Disposable income (3) NNP (4) Per capita income
Last Answer : Per capita income
Description : Net domestic product at factor cost is less than national income when :
Last Answer : Net domestic product at factor cost is less than national income when : A. Net factor income from ... from abroad is zero D. Net exports are positive
Description : Aggregate net value of the output in one year is the - (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net. National Product at market prices (4) Gross National Product at market prices
Last Answer : (3) Net. National Product at market prices Explanation: Net national product at market price is the market value of the output of final goods and services produced at current price in ... at market price, Net national product at market price=Gross national product at market priceDepreciation.
Description : National Income is the - (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost
Last Answer : (2) Net National Product at factor cost Explanation: Net National Product. at factor cost is also called as national income. Net National Product at factor cost is equal to sum total of value added at ... of the flow of output of goods and services produced within an economy over a period of Lime.
Description : National Income is the: A. Net National Product at market price B. Net National Product at factor cost C. Net Domestic Product at market price D. Net Domestic Product at factor cost
Last Answer : C. Net Domestic Product at market price
Description : Which of these is/are not included in net domestic product at factor cost. (a) Wages or compensation of employees ; (b) Rent, interest, profits or operating surplus; (c) Mixed income ; (d) None
Last Answer : (d) None
Description : If we add……………. to national income we get NDP (a) Depreciation ; (b) Net foreign factor income ; (c) Indirect-tax ; (d) Transfer payment
Last Answer : (b) Net foreign factor income ;
Description : The net factor income earned within the domestic territory of a country must be equal to (a) Net Domestic Product at factor cost ; (b) Net Domestic Product at market price; (c) Net National Product at market price ; (d) Personal income.
Last Answer : (a) Net Domestic Product at factor cost ;
Description : Aggregate net value of the output in one year is the (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net National Product at market prices (4) Gross National Product at market prices
Last Answer : Net National Product at market prices
Description : National Income is the (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost
Last Answer : Net National Product at factor cost