Which of the following explains the concept of depreciation:

A. An annual allowance for wear and tear of a capital good.

B. The capital good gradually used up in each year's production process.

C. Cost of replacement of a capital good due to an accident.

D. Fall in the value of fixed asset due to unexpected change in technology.

E. Cost of the good divided by number of years of its useful life.

Choose the correct answer from the options given below:

Prices of a given basket of commodities which are bought by the representative consumer is indicated by which of the following?

1. Wholesale Price Index
2. Consumer Price Index
3. Market price
4. Commodity Price

Match List-I with List-II

Choose the correct answer from the options given below:

Which out of the following will be included in National Income ?

(A) Ramesh sold his car for Rs. 5,00,000 which he used for 2 years

(B) Interest paid on car loan taken by Mohan

(C) Interest on debentures

(D) Radha purchased goods worth Rs. 1000 to prepare cakes to be sold in an exhibition

(E) Profit earned by Reliance Industries from their branch in London

Choose the correct answer from the options given below :

If in an economy value of Net factor Income from Abroad is 200 cores and the Factor Income to Abroad is 40 crores. Identify the value of Factor Income from Abroad.

To get gross domestic product at a factor cost (GDP_FC), which among the following should be deducted from GDP at market price (GDP_MP).

When nominal Gross Domestic Product is ₹840 crorer and price index is 120, then the Real Gross Domestic Product will be: