CUET Economics - Which of the following are true about national income and related aggregates? (A) National income includes factor income earned from abroad but does not include factor income paid abroad. (B) Domestic income does not include factor income earned from abroad but includes factor income paid to abroad (C) Domestic income include both factor income earned from abroad and factor income paid to abroad (D) National income can never be smaller than domestic Income. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Macro

Medium

(A) and (B) only

(A) and (C) only

(A), (C) and (D) only

(B) and (D) only

✅ Correct Option: 1

Related questions:

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Net National Product at Market Prices (NNP_MP)	(I) GNP_MP - Net Product Taxes - Net Production Taxes
(B) Gross National Product at Market Prices (GNP_MP)	(II) GDP at market prices
(C) Gross National Product at Factor Cost (GNP_FC)	(III) GNP_MP - Depreciation
(D) GVA at Market Prices	(IV) GDP_MP + NFIA

Choose the correct answer from the options given below:

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Non-monetary exchanges	(I) Can be positive or negative
(B) Externalities	(II) Price Index
(C) Per capita income	(III) Domestic services by housewives
(D) GDP deflator	(IV) Total income/Population

Choose the correct answer from the options given below:

13 May Shift 1

To measure consumer price index (CPI) which of the following years are taken into consideration?

(A) Current Year.

(B) Preceeding Year.

(D) Succeeding Year.

Choose the correct answer from the options given below:

CUET Economics 2025 21 May Shift 1 PYQs