Question : The difference between indirect taxes and subsidies is _________________. 

Option 1: Net direct taxes

Option 2: Factor market

Option 3: Market price

Option 4: None of the above. 

Question : Factor cost + ________________________ = Market price.

Option 1: Indirect taxes

Option 2: Net Indirect taxes

Option 3: Domestic income

Option 4: National income

Question : What is the basic difference in the aggregates at market price and factor cost?

Option 1: Depreciation

Option 2: Indirect taxes

Option 3: Net indirect taxes

Option 4: Direct taxes

Question : National Income is also called as :

Option 1: GNP at Factor Cost 

Option 2: GNP at Market Price 

Option 3: NNP at Factor Cost 

Option 4: NNP at Market Price 

Question : Calculate the GDP at Factor Cost given in the following data. GDP at market price = 600 crores Consumption of fixed capital = 100 crores Indirect taxes = 200 crores Subsidies = 50 crores.

Option 1: 350 crores

Option 2: 850 crores

Option 3: 950 crores

Option 4: 450 crores