Macro

National Income

Easy

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:

	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.

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

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

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

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

✅ Correct Option: 3

Consumer durables are not extinguished by immediate or short period consumption (A-I). Intermediate goods are used as raw materials or inputs for producing other commodities (B-II). Final goods do not pass through any further stages of production or transformation (C-IV). Capital goods are fixed assets used in the production process (D-III). Hence A-I, B-II, C-IV, D-III.

2025: 21 May Shift 1

Match List-I with List-II

List-I	List-II
(A) GNP at Market price	(I) $GDP_{MP}$ + NFIA
(B) GDP at Market price	(II) NI - Undistributed profits - Net interest payments made by households - Corporate tax + Transfer payments to the households from the government and firms
(C) Personal income	(III) C + I + G + X - M
(D) Private income	(IV) Factor income from net domestic product accruing to the private sector + National debt interest + Net factor income from abroad + Current transfers from government + Other net transfers from the rest of the world

Choose the correct answer from the options given below:

2025: 28 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Not pass through any more stages of production or transformations	(I) Capital goods
(B) Consumed when purchased by their ultimate consumers	(II) Intermediate goods
(C) Gradually undergo wear and tear	(III) Final goods
(D) Used by other producers as material inputs	(IV) Consumption goods

Choose the correct answer from the options given below:

2025: 28 May Shift 1

Which government body is responsible for reporting GDP in India ?

Department of Revenue
Central Board of Direct Taxes
Central Statistics Office
Niti Ayog

2025: 22 May Shift 1

Steel sheets are used for making automobiles and copper used for making utensils, what type of goods are these (Steel and Copper)?

2022: 30 Aug Shift 2

Which of the following formula is correct ?

2023: 30 May Shift 1

The Household receive transfer payments from Government and firms (Pension, Scholarship, Prizes, etc.) They are a part of :

Solution

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