Macro

National Income

Easy

Identify the situation when value of Domestic Income is equal to the value of National Income.

When there are no exports in the economy

When net factor income from abroad is zero

When net investment in the economy is zero

When there are no imports in the economy

✅ Correct Option: 2

National Income = Domestic Income + Net Factor Income from Abroad (NFIA). Hence National Income equals Domestic Income only when NFIA is zero.

2025: 29 May Shift 2

Identify which of the following statements is true about the final goods?

2026: 6 June Shift 1

Payments which are made without any counterpart of services received by the payer are known as.

2022: 10 Aug Shift 2

Which of the following is included in the estimation of National Income ?

2023: 28 May Shift 2

Match List - I with List - II.

List - I | List - II

(A) Income Method | (I) Calculated at current prices

(B) Expenditure Method | (II) Calculated at constant prices

(D) Nominal GDP | (IV) Aggregate of factor incomes

Choose the correct answer from the options given below :

2026: 11 May Shift 2

On the basis of uses the ___________________ nature makes the good final.

2025: 13 May Shift 1

When goods and services are evaluated at constant prices, the measured value is known as ........

Solution