Question : Activities contribute to groom's national product of the countries are known as ___
Option 1: Non-economic activities
Option 2: Economics activities
Option 3: Social services
Option 4: None of the above.
Correct Answer: Economics activities
Solution : Activities contribute to groom's national product of the countries are known as economic activities. Hence Option B is correct.
Question : The money value of national product is known as _____________.
Option 1: Domestic income
Option 2: National income
Option 3: Factor income
Question : Fill in the blanks- __________ refers to all such activities, services and facilities, which are needed to provide different types of services in an economy.
Option 1: Infrastructure
Option 2: Economic activity
Option 3: Social activity
Option 4: Social welfare.
Question : Which type of infrastructure is highlighted in the given statement? Economic activities such as production and trade of goods services are promoted.
Option 1: Economic infrastructure
Option 2: Social infrastructure
Option 3: Both A and B
Option 4: Neither A nor B.
Question : In macroeconomics, national income is also known as:
Option 1: Gross Domestic Product (GDP)
Option 2: Gross National Product (GNP)
Option 3: Net Domestic Product (NDP)
Option 4: Net National Product (NNP)
Question : It refers to the total money value of all goods and services produced in a country in a year.
Option 1: Gross domestic product
Option 2: Gross national product
Option 3: Net national product
Option 4: Net domestic product.
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