MCQ Economics Class 12 Chapter 2 National Income Accounting Advertisement MacroeconomicsMCQ’s For All Chapters – Macroeconomics Class 12th 1. Net investment is equal toGross investment + depreciationGross investment – depreciationGross investment × depreciationGross investment ÷ depreciationQuestion 1 of 152. Capital goods are those goodsWhich are used in the production process for several yearsWhich are used in the production process for few yearsWhich Involve depreciation lossesBoth (a) and (c)Question 2 of 153. Net capital formation causesIncrease in production capacityIncrease in depreciationIncrease in profitsIncrease in costQuestion 3 of 154. In the production of sugar, sugarcane isA final goodA capital goodAn Intermediate goodNone of theseQuestion 4 of 155. Those goods which satisfy human wants directly are calledIntermediate goodsConsumer goodsCapital goodsNone of theseQuestion 5 of 156. Increase in the stock of capital is known asCapital lossCapital gainCapital formationNone of theseQuestion 6 of 157. Which of the following leads to unexpected obsolescence?Change in demandNatural calamitiesChange in technologyNone of theseQuestion 7 of 158. Income of the family is the example of which variable?StockFlowBoth stock and flowNeither stock nor flowQuestion 8 of 159. Which of the following leads to depreciation?Normal wear and tearDamages due to floodsDamages due to market – crashNone of theseQuestion 9 of 1510. Which of the following is a semi-durable goods?RadioClothesMilkPetrolQuestion 10 of 1511. Which one refers to Net Indirect Taxes?Indirect taxes + subsidiesIndirect taxes - subsidiesDirect taxes - subsidiesNone of the aboveQuestion 11 of 1512. Basis of the difference between the concepts of market Price and Factor Cost is:Direct taxesIndirect taxesSubsidiesNet indirect taxesQuestion 12 of 1513. Which of the following is not correct?NNP at Market Price : GNP at Market Price + DepreciationNDP at Market Price : NNP at Market Price - Net Factor Income from AbroadNDP at Factor Cost : NDP at Market Price - Indirect taxes + SubsidiesGDP at Factor Cost : NDP at Factor Cost + DepreciationQuestion 13 of 1514. Which one leads to Factor Cost?Marker Price - indirect TaxesMarker Price - Net Indirect TaxesMarker Price + Indirect TaxesMarker Price + Net Indirect TaxesQuestion 14 of 1515. Domestic product is equal to:National product + net factor income from abroadNational product - net factor income from abroadNational product ÷ net factor income from abroadNational product × net factor income from abroadQuestion 15 of 15 Loading...
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