UPSC CDS/OTA

National Income

General Studies

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National Income

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Questions

30

Time

30 min

Marks

30

Solutions

All inline

Q1Consider the following statements regarding National Income: 1. Net National Product at Factor Cost is also known as National Income. 2. National Income includes transfer payments like old-age pensions. Which of the above is/are correct?MediumSolve →Q2Which of the following is NOT a method of measuring National Income?MediumSolve →Q3Consider the following statements about GDP deflators: 1. GDP deflator is a measure of inflation. 2. It uses a fixed basket of goods and services. Which is correct?MediumSolve →Q4Which of the following are included in India’s GDP? 1. Value of services rendered by housewives. 2. Income from illegal activities. 3. Imputed rent of owner-occupied houses.MediumSolve →Q5Disposable Income is:MediumSolve →Q6Which one of the following is correct?MediumSolve →Q7Which one of the following is true about India’s GDP?MediumSolve →Q8Which of these correctly defines Net Domestic Product (NDP)?MediumSolve →Q9Which of the following best describes 'Green GDP'?MediumSolve →Q10Which among the following is NOT an economic activity?MediumSolve →

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