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21.

Demand for final consumption arises in:

A.	Household sector only	B.	Government sector only
C.	Both (a) & (b)	D.	All sectors

22.

Which of the following activities of a farmer is an example of intermediate consumption?

A.	Purchase of tractor	B.	Payment of interest to a co-operative bank
C.	Electricity charges for operating a pump	D.	Wages paid to workers at harvesting time

23.

Imputed rental value of owner occupied dwellings is a part of:

A.	Intermediate consumption	B.	Capital formation
C.	Final consumption	D.	Expenditure on consumer durably

24.

Sale of old newspapers by a household is a part of:

A.	Net final consumption expenditure of the household	B.	Value added by the household sector
C.	Capital formation	D.	Transfer payments

25.

Which of the following constitutes a part of domestic fixed capital formation?

A.	Net purchase of second-hand assets by corporate enterprises	B.	Net purchase of second-hand physical assets from abroad
C.	Expenditure on new parts of physical assets	D.	Accumulation of stocks of fertilisers

26.

Purchases made by the US Embassy in India are part of:

A.	Net factor earnings from abroad	B.	Transfer payments
C.	Domestic consumption expenditure	D.	Exports from India to the USA

27.

Direct purchases abroad made by the government on current account are a part of:

A.	Final consumption	B.	Investments
C.	Net factor payments abroad	D.	Current transfers from the rest of the world

28.

Which of the following is not a part of net investment in an economy?

A.	Purchase of old shares	B.	Purchase of a wall-clock by a factory
C.	Purchase of wall-clock by a household	D.	Increasing the storage of raw materials

29.

Which of the following is included in the consumption of fixed capital?

A.	Fall in the price of machinery and other stocks	B.	Expenditure on repairs and maintenance
C.	Destruction of buildings in an earthquake	D.	Normal wear and tear machinery while in use

30.

Gross domestic fixed-capital formation does not include:

A.	Net purchase of second hand machinery by private corporate sector from Government	B.	Net imports of second-hand machinery from abroad
C.	Own account production of news assets	D.	Construction of new roads and bridges