Question : The personal income of households can be calculated in which of the following ways?

Option 1: National income + Undistributed profits – Net interest payments – Corporate tax + Transfer payments from the government and firms.

Option 2: National income – Undistributed profits – Net interest payments – Corporate tax + Transfer payments from the government and firms.

Option 3: National income – Undistributed profits + Net interest payments – Corporate tax –Transfer payments from the government and firms.

Option 4: National income – Undistributed profits – Net interest payments – Corporate tax –Transfer payments from the government and firms.

Question : Exports of mangoes by India are a part of ________ method of measurement of its national income.

Option 1: circular income

Option 2: value added

Option 3: expenditure

Option 4: income

Question : Expenditure on advertisement and public relations by an enterprise is a part of its:

Option 1: consumption of fixed capital

Option 2: final consumption expenditure

Option 3: intermediate consumption

Option 4: fixed capital

Question : The value of the investment multiplier relates to

Option 1: change in income due to change in autonomous investment

Option 2: change in autonomous investment due to change in income

Option 3: change in income due to change in consumption

Option 4: change in the income due to change in induced investment

Question : Which one of the following is not a method for computing Gross National Product (GNP)?

Option 1: Income approach

Option 2: Expenditure approach

Option 3: Savings approach

Option 4: Value added approach