CUET Economics 2025 28 May Shift 1 PYQs

Which of the following are included while calculating national income by expenditure method?

(A) Expenditure on single-use producer goods purchased by firms.

(B) Expenditure incurred by a private trust running an orphanage on the education of the children.

(C) Expenditure incurred by the government on building dams and bridges across the nation.

(D) Expenditure by foreigners on the final goods produced in the country.

Choose the correct answer from the options given below:

Consumption, investment and government spending are the major components of ......?

Arrange the following statements in the context of the calculation of Gross National Product at Market price.

(A) Add Net factor income from abroad.

(B) Calculate values of output.

(C) Determine sales for the country.

(D) Deduct intermediate consumption.

Choose the correct answer from the options given below: