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41.

Which of the following is not a part of the compensation of employees?

A.	Employer's contribution to provident fund	B.	Leave travel allowance
C.	Payments made to visiting foreign consultant	D.	Pensions to retired employees

42.

Identify the item, which is not a factor payment:

A.	Free uniforms to defence personnel	B.	Salaries and allowance to the members of Parliament
C.	Imputed rent of an owner-occupied building	D.	Scholarships given to scheduled caste students

43.

Which of the following is an example of factor-income from abroad?

A.	Interest earned by a non-resident Indian on his bank account in India	B.	Export of handicrafts from India to the UK
C.	Money sent by an engineer employed in London to his family in Delhi	D.	Profits earned by a branch of the State Bank of India in London

44.

Transfer payments refer to payments which are made:

A.	Without any exchange of goods and services	B.	To workers on transfer from one job to another
C.	As compensation of employees	D.	None of the above

45.

Personal disposable income is:

A.	Always equal to personal income	B.	Always more than personal income
C.	Equal to personal income minus direct taxes paid by household	D.	Equal to personal income minus indirect taxes

46.

If during a year the national income at constant prices goes up by 5%, while prices also rise by 5% and population registers a growth of 2%; then the real per capita income will:

A.	Remain constant	B.	Rise by 2%
C.	Decrease by 3%	D.	Increase by 3%

47.

National income estimates of India are published both at current and constant prices. What is the base year for constant price estimates published at present?

A.	1960-61	B.	1970-71
C.	1980-81	D.	1985-86

48.

The national income accojnts, direct personal taxes are recorded as:

A.	Receipts of the government sector and payments of the corporate sector	B.	Receipts of the government sector and payments of the household sector
C.	Transfer from the household sector to the government sector	D.	Disbursements of the government sector

49.

For which of the following sectors is the income method used for estimation of national income of Pakistan?

A.	Agriculture and allied activities	B.	Pushing
C.	Forestry	D.	Banking and insurance

50.

Identify the sector in respect of which the expenditure method is used for estimating national income in India:

A.	Registered manufacturing	B.	Construction
C.	Public administration and defence	D.	Real estate, ownership of dwellings and business services