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 : 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 : Transfer income is a part of __________________.

Option 1: National income

Option 2: Domestic income

Option 3: Both national and domestic income.

Option 4: Neither national nor domestic income

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 : Accounting of National Income at constant prices is known as____________.

Option 1: Money income

Option 2: Current income

Option 3: Domestic income

Option 4: Real income

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