Eco Quiz (Focus--National Income)

Q 1:In India the ................ has been formulating national income.
Central Statistical Organization
National Development Board
Ministry of Rural Development

Q 2:Secondary sector consists of?

Agriculture
Manufacturing
Health

Q 3:The first attempt to calculate National Income of India was made by .................. in 1867 -68.
Gopal Krishna Gokhale
Justice Ranade
Dadabhai Naroji

Q 4:The first scientific method for calculating national income was made by ..................... in 1931-32.
Prof. V.K.R Rao
Dr. Hargobind Khorana
Meghnad Saha

Q 5:The first official attempt was made by .................. in 1948-49, who submitted his report in 1954.
Dr. Karen Carr
Prof.P.C.Mahalnobis
Ayn Rand

Q 6:...............refers to the sum of the values of all finished goods and services produced inclusive of investments of residents both locally and abroad.
GDP
NNP
GNP

Q 7:Depreciation is equal to
Gross national product - Net national product
Gross national product - personal income
Personal Income - personal taxes

Q 8:The Difference between Gross Domestic product and Net Domestic product is
Consumption of fixed Capital
Net Capital Formation
Government Revenue

Q 9:Which sector contributes the maximum share in National income of India?
Primary
Secondary
Tertiary