Question : Complete the following-

GDPFC = ? + Depreciation. 

Option 1: NDP_MP

Option 2: NDP_FC

Option 3: NNP_MP

Option 4: NNP_FC

Question : Which aggregate represents National income?

Option 1: NNP at FC

Option 2: NNP at MP

Option 3: NDP at FC

Option 4: NDP at MP

Question : National income is also known as ____________.

Option 1: NDP at MP

Option 2: NDP at FC

Option 3: NNP at MP

Option 4: NNP at FC

Question : Which of the following are the part of national income?

1. Purchase of equipments for installation in a factory.
2. Construction of a new house.
3. Brokers commission on sale of shares.

Option 1: Only 1&2

Option 2: Only 2&3

Option 3: Only 1&3

Option 4: 1,2&3

Question : Which of the following are not included in national income?

1. Income from sale of property, inherited from a relative.
2. GST received by government.
3. Direct purchases made abroad by government.
4. Purchase of equipments for installation in a factory.

Option 1: Only 1&2

Option 2: Only 2&3

Option 3: Only 3&4

Option 4: 1&3