MCQ Questions Class 12 Economics Chapter 2 National Income Accounting with Answers

Free PDF Download of CBSE Class 12 Economics Chapter 2 National Income Accounting Multiple Choice Questions with Answers.Based on Latest Exam Pattern. Students can solve NCERT Class 12 Economics Chapter 2 National Income Accounting Multiple Choice Questions with Answers to know their preparation level.

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National Income Accounting Class 12 MCQs Questions with Answers

Class 12 Economics(macroeconomics) Chapter 2 National Income Accounting.MCQ Questions with Answers

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1. If for a country net factor income from abroad is negative then:

 
 
 
 

2. The subject of the Study of Macro Economics is:

 
 
 
 

3. What is the consumption of fixed capital called?

 
 
 
 

4. Which of the following is included in real flow?

 
 
 
 

5. Which is the equilibrium condition of circular flow in the four sector model?

 
 
 
 

6. NNPMP = ________

 
 
 
 

7. Which one is included in National Income?

 
 
 
 

8. Which of the following is the method of measuring National Income?

 
 
 
 

9. Which one is included in the three-sector model?

 
 
 
 

10. Which services are provided by families to a firm?

 
 
 
 

11. Why are the intermediate goods not included in the National Income while measuring National Income?

 
 
 
 

12. Who had made the first attempt at National Income Accounting?

 
 
 
 

13. Which of the following items are excluded from GNP measurement?

 
 
 
 

14. Calculation of National Income at Market Prices is known as _________

 
 
 
 

15. Increase in Stock of Capital is known as:

 
 
 
 

16. NDPMP = ________

 
 
 
 

17. GNP at MP = ______

 
 
 
 

18. The market value of all final goods and services produced in an economy over a year is called :

 
 
 
 

19. Production enterprises are divided in:

 
 
 
 

20. GDPFC =

 
 
 
 

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