CUET Economics 2025 21 May Shift 1 - Arrange the following in order as per Income method of measuring national Income. (A) Classifying the production units into primary, secondary and tertiary sector on the basis of their occupational activities (B) Adding the net factor income from abroad. (C) Determination of domestic income. (D) Finding the factor payments made by each production unit and classifying it into compensation of employees, operating surplus and mixed income. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Macro

Medium

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

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

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

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

✅ Correct Option: 1

Related questions:

15 May Shift 1

From the following, find the right sequence for measuring National Income by Value Added Method:

(A) Subtract the value of depreciation and net indirect taxes and add net factor income from abroad to arrive at national income.

(B) Estimate the sum total value of output in the primary, secondary and tertiary sectors in the economy.

(C) Estimate the value added of each sector by subtracting intermediate consumption from the value of output for every sector.

(D) Calculate gross value added as the sum of value added of the three sectors.

30 May Shift 1

Expenditure on the purchase of capital goods refers to ___________.

31 May Shift 1

Calculate Gross Domestic Product at market price (GDP $_{MP}$ ).

CUET Economics 2025 21 May Shift 1 PYQs