Macro

National Income

Easy

Match the LIST-I with LIST-II

LIST-I LIST-II
A. Final goods I. Variables defined over a period of time
B. Flow II. Tools, machinery used in the production of goods and services
C. Stock III. Goods are available for consumption
D. Capital goods IV. Variables defined at a point of time

Choose the correct answer from the options given below:

LIST-I		LIST-II
A. Final goods	I.	Variables defined over a period of time
B. Flow	II.	Tools, machinery used in the production of goods and services
C. Stock	III.	Goods are available for consumption
D. Capital goods	IV.	Variables defined at a point of time

A-III, B-I, C-IV, D-II

A-I, B-III, C-II, D-IV

A-IV, B-I, C-II, D-III

A-II, B-IV, C-I, D-III

✅ Correct Option: 1

Final goods are those available for consumption or investment with no further transformation (III). Flows are variables defined over a period of time (I), while stocks are defined at a point of time (IV). Capital goods are tools and machinery used in producing goods and services (II). Hence A-III, B-I, C-IV, D-II.

2026: 21 May Shift 2

Match the LIST-I with LIST-II

	LIST-I		LIST-II
A.	Consumer Durables	I.	Not extinguished by immediate or even short period consumption.
B.	Intermediate good	II.	Used as raw material or inputs for production of other commodities.
C.	Final good	III.	Fixed assets used in production process.
D.	Capital goods	IV.	Not pass through any more stages of production or transformations.

Choose the correct answer from the options given below:

2023: 11 June Shift 3

If we deduct depreciation from $GNP_{mp}$ the measure of aggregate income that we obtain is called :

2022: 16 July Shift 2

Which of the following is a factor income?

2025: 22 May Shift 2

Arrange the following in correct sequence for calculating National Income.

(A) Add Net Factor income from abaord.

(B) Deduct value of Intermediate Goods.

(D) Deduct Depreciation and NIT.

Choose the correct answer from the options given below:

2025: 2 June Shift 1

Identify which of the following is not considered as 'Normal Resident' of India?

2023: 30 May Shift 1

Addition to the stock of capital of a firm is known as :

Solution

Related questions:

Keyboard Shortcuts

CUET Economics Past Year Questions (Topic-Wise)