Question : Which of the following explains the correct relationship?

Option 1: NFIA= National- Current Income.

Option 2: NFIA= Domestic + National Income

Option 3: NFIA= National - Domestic

Option 4: NFIA= Transfer + Domestic income

Question : The money value of national product is known as _____________. 

Option 1: Domestic income

Option 2: National income

Option 3: Factor income

Option 4: None of the above.

Question : Which of the following are true?

1. NFIA can be zero, when income earned from abroad is equal to income paid to abroad.
2. NFIA can be positive, when income earned from abroad is greater than income paid to abroad.
3. NFIA can be negative, when income earned from abroad is more than the income paid to abroad.

Option 1: 1&2

Option 2: 2&3

Option 3: 1&3

Option 4: 1,2&3

Question : Factor income is a part of _______________. 

Option 1: Domestic income

Option 2: National income

Option 3: Both A and B

Option 4: None of the above.

Question : The money value of domestic product is known as ____________. 

Option 1: Domestic income

Option 2: National income

Option 3: Factor income

Option 4: None of these.