CUET Economics - Which of the following statements are true in macroeconomics? (A). GVA at factor costs + Net production taxes = GVA at basic prices. (B). GVA at basic prices + Net product taxes = GVA at market prices. (C). GNP ≡ GDP - Net factor income from abroad. (D). NNP ≡ GNP – Depreciation. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Hard

(A), (B) and (C) only

(A), (B) and (D) only

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

(B), (C) and (D) only

✅ Correct Option: 2

Related questions:

2 June Shift 1

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

(A) Add Net Factor from Abroad to arrive at National Income.

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

(D) Calculate domestic factor income.

Choose the correct answer from the options given below:

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Expenditure method	(I) Invetory investment
(B) Income method	(II) GDP in the phase of disposition
(C) Value added method	(III) GDP in the phase of distribution
(D) Value of output - sales	(IV) GDP in the phase of production

Choose the correct answer from the options given below:

21 May Shift 1

If the National income of a country is ₹4000 million, the consumption of fixed capital is ₹200 million, Gross national product at market price is ₹5000 million and subsidies are ₹100 million, what will be the amount of Indirect taxes?

CUET Economics 2025 22 May Shift 1 PYQs

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