Question : National income received by the households is called_____.
Option 1: domestic income
Option 2: professional income
Option 3: personal income
Option 4: disposable income
New: SSC MTS Tier 1 Answer key 2024 out
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: personal income
Solution : The correct option is personal income.
The national income received by households is called "personal income." Personal income includes all income received by individuals and households, such as wages, salaries, rental income, dividends, and transfer payments like social security and unemployment benefits. It represents the total amount of money that individuals receive before taxes and other deductions.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : If we deduct depreciation from GNP the measure of aggregate income that we obtain is called _____.
Option 1: Gross domestic product
Option 2: National income
Option 3: Private income
Option 4: Net national product
Question : A form of financial service which provides small loans and other financial services to poor and low-income households is called _____.
Option 1: microfinance
Option 2: commercial mortgage
Option 3: invoice financing
Option 4: personal finance
Question : ______ is the market value of all final goods and services produced within a domestic territory of a country measured in a year.
Option 1: Gross margin
Option 2: Gross Domestic Product (GDP)
Option 3: Net National Product (NNP)
Option 4: Gross National Product (GNP)
Question : The transformation of the larva into an adult through drastic change is called_____.
Option 1: budding
Option 2: shifting
Option 3: bulging
Option 4: metamorphosis
Question : Plants with green and tender stems are called_____.
Option 1: shrubs
Option 2: trees
Option 3: canopy
Option 4: herbs
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile