Question : In the product method for measurement of national income, we need to deduct the value of intermediate goods to ____.

Option 1: analyse factors of production

Option 2: avoid over consumption

Option 3: avoid double counting

Option 4: estimate aggregate value of expenditure

Question : Which of the following statements is Incorrect?

Option 1: Metals are used in making cookware.

Option 2: Metals are used in the manufacture of automobiles.

Option 3: Living beings inhale metals during respiration.

Option 4: Metals are used in manufacturing jewellery.

Question : The food stocks that are built up during the years of bumper harvest are called:

Option 1: capital stock

Option 2: buffer stock

Option 3: production stock

Option 4: grain stock

Question : ________is a process in which natural rubber is treated with sulphur to make it more durable and elastic.

Option 1: Saponification

Option 2: Fermentation

Option 3: Vulcanisation

Option 4: Carbonation

Question : Materials that allow electric current to pass through them are called_______.

Option 1: insulators

Option 2: alternator

Option 3: conductors

Option 4: capacitor