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21.

Direct taxes are not included in:

A.	NNP	B.	PI
C.	DPI	D.	(a) and (c) of above

22.

When National income is estimated by expenditure method, we include:

A.	All govt. expenditure	B.	All households expenditure
C.	All expenditure of the business sector	D.	All of the above

23.

Which statement is true?

A.	National Expenditure = National income	B.	National Expenditure = National income + National production
C.	National Expenditure = National income + National Taxes	D.	National Expenditure = National income - Taxes

24.

Which statement is true?

A.	National Income = National Expenditure - indirect taxes	B.	NI = GNP - NNP
C.	NI = NNP - indirect taxes	D.	NI = PI

25.

There are methods of measuring national income:

A.	5	B.	2
C.	1	D.	3

26.

If we compare GDP and GNP, then:

A.	GNP = GDP - net income from abroad	B.	GNP = GDP + net income from abroad
C.	GNP = NNP - net income from abroad	D.	GNP = NNP + net income from abroad

27.

It is deducted from GNP to get NNP:

A.	Indirect taxes	B.	Depreciation
C.	Direct taxes	D.	Transfer payments

28.

Select the correct statements:

A.	Transfer payments are included in national income	B.	Depreciation allowance is a part of GNP
C.	Taxes are not included in NNP	D.	GDP means Gross Direct Production

29.

Which is the largest figure:

A.	NNP	B.	GNP
C.	DPI	D.	PI

30.

Which is a flow concept:

A.	Number of my shirts	B.	My monthly income
C.	My total wealth	D.	Money supply