Question : The sum total of all the factor income and within the domestic territory of a country is known as ___________________.

Option 1: National income

Option 2: Current income

Option 3: Domestic income.

Option 4: None of the above.

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 : 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.

Question : Which of the following should be included in national income or domestic income?

Option 1: Income earned by foreign residents within the domestic territory

Option 2: Income earned by domestic residents outside the domestic territory

Option 3: Income earned by foreign residents outside the domestic territory

Option 4: Income earned by domestic residents within the domestic territory

Question : NFIA is negative, when ______________________________. 

Option 1: Domestic income exceeds national income.

Option 2: Domestic income is less then national income.

Option 3: Domestic income is equal to national income.

Option 4: None of the above.

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.