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61.

The difference between net national product at market prices and net domestic product at market prices is equal to:

A.	Value of exports	B.	Net current transfers from abroad
C.	Value of exports minus value of imports	D.	Net factor income from abroad

62.

Which of the following accounts for the difference between net domestic product at market prices and national income?

A.	Net factor income from abroad	B.	National debt interest
C.	Net factor income from abroad minus current transfers	D.	Net factor income from abroad minus indirect taxes

63.

Which of the following has to be deducted from the value of output to arrive at the net value added by a producing enterprise?

A.	Value of intermediate consumption	B.	Consumption of fixed capital
C.	Net indirect taxes	D.	All of the above

64.

The value added method of measuring national income is also known as:

A.	Net output method	B.	Production method
C.	Industry of origin method	D.	All of the above

65.

Net borrowings from abroad are a part of:

A.	Gross domestic product	B.	Net national product
C.	Gross investment	D.	Capital transfers

66.

Aggregate gross receipts means:

A.	Turnover value of output	B.	Receipts of the Government
C.	Receipts of the corporate sector	D.	Receipts from the rest of the world

67.

The term national income commonly refers to:

A.	GNP at factor cost	B.	GNP at market prices
C.	NNP at factor cost	D.	NNP at market prices

68.

Which of the following is an example of transfer payment by the Government?

A.	Free housing accommodation to the government employees	B.	Free housing accommodation to the President of India
C.	National debt interest	D.	Bonus paid to railway employees

69.

Transfer receipts of the Government include:

A.	Sale of second hand cars by government departments	B.	Direct and indirect taxes
C.	Imputed rent of government buildings	D.	Dividends received from public enterprises

70.

Which one is an example of capital transfer within a country?

A.	Compensation to residents whose houses have been damaged by floods	B.	Old age pensions
C.	Interest paid by consumer households on consumer loans	D.	Gifts to sick and poor on festivals