CUET Economics 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. (C) Identify and classify the income generating units. (D) Calculating domestic factor income. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Macro

Medium

(D), (B), (C), (A)

(B), (C), (D), (A)

(C), (A), (D), (B)

(C), (B), (D), (A)

✅ Correct Option: 4

Related questions:

2 June Shift 1

Identify which of the following statements is incorrect with reference to an economy?

26 May Shift 2

Which of the following statements is true?

(A) Gross domestic income is a subset of national income.

(B) Corporate profit tax is a factor in income earned by the government.

(C) The production of wheat by a farmer retained by himself for his self-consumption will be included in the national income of the country.

(D) All capital goods are producer goods, but all producer goods are not necessarily capital goods.

Choose the correct answer from the options given below:

30 May Shift 2

Consider the following statement

Net Investment = Rs. 5 Cr.

Gross Investment = Rs 7.73 Cr.

Find the value of Depreciation

CUET Economics 2025 3 June Shift 1 PYQs