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 : Which of the following about MPC is correct?

1. MPC can be more than 1
2. MPC of rich is more. 
3. MPC falls with successive increase in income.

Option 1: Only 1
 

Option 2: Only 2&3
 

Option 3: Only 3
 

Option 4: 1,2&3
 

Question : Which of the following statements are correct?

1. Saving curve starts from Y axis.
2. Slope of savings curve is negative.
3. After the break even point savings is positive.
4. Marginal propensity to save refers to the ratio of savings to the corresponding level of income.

Option 1: 1,2&3
 

Option 2: 1,3&4
 

Option 3: 2,3&4
 

Option 4: 1,2&4
 

Question : Which of the following is stock concept?

1. Amount of bank deposits on 31.3.2022
2. Capital
3. Balance in a bank account.

Option 1: Only 1
 

Option 2: Only 2&3
 

Option 3: 1,2&3
 

Option 4: Only 1&3

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

1. Profit earned by foreign companies in India.
2. Expenditure on adding a floor to the building.
3. Internet on public debt.
4. Receipts from sale of land.

Option 1: 1,2&3

Option 2: Only 1

Option 3: Only 1&2

Option 4: 1,2,3&4

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

1. Dividend received by shareholders.
2. Addition to stock during a year.
3. Services of a school teacher.
4. Profit earned by foreign companies in India.

Option 1: 1,2&3

Option 2: 2,3&4

Option 3: 1,3&4

Option 4: 1,2,3&4