Question : The amount the Indian government spends on education_______.

Option 1:
is a proportion of the gross domestic product that is expressed (GDP).

Option 2: is a percentage of all government spending that is expressed.

Option 3: A and B are both true

Option 4: Both are false

Question : If exports equal imports, then which of the following relations will be true?

Option 1: Gross Domestic Product (GDP) = Gross National Product (GNP)

Option 2: Gross Domestic Product (GDP) > Gross National Product (GNP)

Option 3: Gross Domestic Product (GDP) < Gross National Product (GNP)

Option 4: None of these 

Question : Net National Product of a country is:

Option 1: Gross Domestic Product (GDP) minus depreciation allowances

Option 2: Gross Domestic Product (GDP) plus net income from abroad

Option 3: Gross National Product (GNP) minus net income from abroad

Option 4: Gross National Product (GNP) minus depreciation allowances

Question : Net domestic product is calculated as_______.

Option 1: Gross Domestic Product (GDP)  - Depreciation

Option 2: Gross National Product (GNP) - Depreciation

Option 3: Gross Domestic Product (GDP) - Net income earned from abroad

Option 4: Gross National Product (GNP)  - Net income earned from abroad

Question : Which of the following is not a measure of national income?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net National Product (NNP)

Option 4: Net Domestic Product (NDP)

Question : Which of the following is a measure of national income that takes into account the depreciation of capital?

Option 1: Gross National Product (GNP)

Option 2: Net National Product (NNP)

Option 3: Gross Domestic Product (GDP)

Option 4: Net Domestic Product (NDP)