Macro

National Income

Medium

Match List - I with List - II.

List - I List - II
(A) Inventories (I) GNP - Depreciation
(B) Rent (II) GDP + NFIA
(C) GNP (III) Capital
(D) NNP (IV) Factor Payment

Choose the correct answer from the options given below :

(A)-(IV), (B)-(III), (C)-(I), (D)-(II)

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(II), (D)-(I)

✅ Correct Option: 4

Inventories are unsold stock and form part of capital/investment, so (A)-(III).

Rent is a factor payment made for the use of land, so (B)-(IV).

GNP = GDP + Net Factor Income from Abroad (NFIA), so (C)-(II).

NNP = GNP - Depreciation, so (D)-(I).

Correct matching: (A)-(III), (B)-(IV), (C)-(II), (D)-(I).

2024: 16 May

Identify the correct statement in the context of Circular Flow of Income in an economy

2025: 22 May Shift 2

The decision of an individual economic agent is the study of ...................... ?

2022: 10 Aug Shift 2

Economic variables such as 'National Income' and 'profits' can be classified under which of the following heads ?

2025: 30 May Shift 1

Arrange the steps to calculate Net National Product at market Price by Income Method.

(A) Identify and add factor Income (Rent, wages, interest and profit).

(B) Add Net factor income from abroad.

(D) Add mixed income of self-employed.

Choose the correct answer from the options given below:

2025: 3 June Shift 1

Arrange the following steps in calculation of national income, by income method in correct sequence.

(A) Add net factor income from abroad to arrive at national income.

(B) Estimate the factor income paid by each sector.

(D) Calculating domestic factor income.

Choose the correct answer from the options given below:

2022: 30 Aug Shift 2

Choose the correct sequence to arrive at $NNP_{FC}$ using value added method.

(A) $GDP_{MP}$ - Depreciation

(B) $NDP_{MP}$ - Net Indirect Taxes

(D) Domestic income + Net factor income from abroad

Choose the correct answer from the options given below :

Match List - I with List - II. List - IList - II(A)Inventories(I)GNP - Depreciation(B)Rent(II)GDP + NFIA(C)GNP(III)Capital(D)NNP(IV)Factor Payment Choose the correct answer from the options given below :