CSS :: National Income Accounting
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71. |
Net retained earnings abroad means: |
A. |
Income retained by a resident working abroad |
B. |
Profits of resident companies abroad |
C. |
Net undistributed profits of resident and non-resident companies |
D. |
Foreign exchange reserves |
Answer: Option C
Explanation:
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72. |
Which of the following is not an example of capital transfers between countries? |
A. |
War damages |
B. |
Gifts for cyclone victims |
C. |
Economic aid |
D. |
Grants from other governments |
Answer: Option B
Explanation:
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73. |
Interest on public debt is a part of: |
A. |
Transfer payments by the government |
B. |
Transfer payments by enterprises |
C. |
Domestic income |
D. |
Interest payments by households |
Answer: Option A
Explanation:
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74. |
Which of the following is not a government transfer payment to households? |
A. |
Scholarship |
B. |
Subsidy |
C. |
Family pension |
D. |
Unemployment allowance |
Answer: Option B
Explanation:
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75. |
Income from property is a part of: |
A. |
Mixed income of the self-employed |
B. |
Operating surplus |
C. |
Compensation of employees |
D. |
None of these |
Answer: Option B
Explanation:
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76. |
Unilateral payments are known as: |
A. |
Factor income |
B. |
Factor payments |
C. |
Transfer payments |
D. |
Payments for productive services rendered by others |
Answer: Option C
Explanation:
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77. |
Identify the correct statement: |
A. |
Personal disposable income excludes direct taxes paid by households |
B. |
Capital transfers are paid from current income |
C. |
Lottery income received by a household is factor income |
D. |
Royalties are a part of compensation to employees |
Answer: Option A
Explanation:
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78. |
Which of the following includes interest on national debt? |
A. |
National income |
B. |
Personal income |
C. |
Gross national product |
D. |
Net national product |
Answer: Option B
Explanation:
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79. |
Which of the following is incorrect? |
A. |
GDP at market prices = NNP at factor cost plus net indirect taxes |
B. |
NNP at factor cost = NNP at market prices minus net indirect H taxes |
C. |
GNP at market prices = GDP at market prices plus net factor income from abroad |
D. |
None of the above |
Answer: Option D
Explanation:
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80. |
The first estimate of national income in India was made by Dadabhai Naoroji for the year: |
A. |
1857-58 |
B. |
1867-68 |
C. |
1881-82 |
D. |
1890-91 |
Answer: Option B
Explanation:
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