Macro

National Income

Easy

Which of the following is considered as an intermediate good ?

Mobile purchased by a student

Car purchased by a household

Seeds and fertilizers purchased by a farmer

Vegetables purchased by households

✅ Correct Option: 3

Intermediate goods are those used up in the production process within the same year. Seeds and fertilizers bought by a farmer are used to produce crops, so they are intermediate goods. The other items are final goods bought for final consumption.

2025: 22 May Shift 2

Which of the following study the aggregate effects of the forces of demand and supply in the markets?

2025: 29 May Shift 1

From the following, which will be included in the National Income?

2026: 11 May Shift 1

Calculate the amount of personal tax.

2025: 3 June Shift 1

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

2025: 29 May Shift 2

Match List-I with List-II

List-I	List-II
(A) C + I + G + (X-M) + NFIA	(I) $GDP_{MP}$
(B) $GDP_{MP}$ - Depreciation	(II) Domestic Income
(C) NDP MP - IT + Subsidies	(III) $NDP_{MP}$
(D) $NDP_{MP}$ + Depreciation	(IV) $GNP_{MP}$

Choose the correct answer from the options given below:

2025: 14 May Shift 1

Which of the following indicates the sum total of Net National Product at market prices and other current transfers from the rest of the world:

Private Income.
National Disposable Income.
Gross Value Added.
Transferred Income.

Which of the following is considered as an intermediate good ?

Solution

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