Which of the following will be included in the estimation of National Income of India?

Identify the items which will be classified as stock items.

(A) Production

(B) Money supply

(C) Interest on deposits

(D) Savings

(E) Capital stock in a Country

Choose the correct answer from the options given below :

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

(A) Current Year.

(B) Preceeding Year.

(C) Base Year.

(D) Succeeding Year.

Choose the correct answer from the options given below:

Identify the correct statement:

Accounting of National Income at constant price is called :

Identify the steps in sequence to calculate the value of National Income by expenditure method:

A. Calculating NNP at factor cost ( $NNP_{fc} = NDP_{fc} + NFIA$ )

B. Calculating GDP at factor cost ($GDP_{fc} = GDP_{mp} - NIT$ )

C. Calculating GDP at market price ($GDP_{mp} = C + I + G + X - M$)

D. Calculating NDP at factor cost ( $NDP_{fc} = GDP_{fc} - Depreciation$ )

Choose the correct answer from the options given below:

Choose the correct statements from the following.

(A) Capital goods are those goods which are bought not for meeting immediate need of the consumer but for producing other goods.

(B) Households refer to the families or individuals who supply factors of production to the firms and which buy the goods and services from the firms

(C) Consumer Price Index is the index of prices of a given basket of commodity which are bought by the representative consumer

(D) Wholesale Price Index refers to the percentage change in the weighted average price level.