National Income Accounting MCQ Questions Class 12 Economics Part 2 Chapter 2
NCERT MCQ Questions for Class 12 Economics Part 2 Chapter 2 National Income Accounting. National Income Accounting MCQ Questions with Answers from Class 12 Economics Part 2.
1.) the value of gross investment in order to accommodate regular wear and tear of capital is called
(a)Depreciation
(b)loss
(c)profit
(d)None of the above
Ans – Option (a)
2.) Net Investment = …………………– Depreciation
(a) capital
(b)investment
(c)Gross investment
(d)profit
Ans – option (c)
3.) We can measure the uppermost flow by measuring the aggregate value of spending that the firms receive for the final goods and services which they produce this method will be called
(a)The product method
(b)The expenditure method
(c)income method
(d)None of the above
Ans – Option (b)
- In case you have missed:- Previous Chapter MCQ Questions
4.) If we measure the flow by measuring the aggregate value of final goods and services produced by all the firms, it will be called
(a)The product method
(b)The expenditure method
(c)Income method
(d)None of the above
Ans – option (a)
5.) Measuring the sum total of all factor payments will be called
(a)The expenditure method
(b)The production method
(c)Income method
(d)None of the above
Ans- Option (c)
6.) The aggregate spending of the economy must be equal to the
(a) aggregate profit
(b)aggregate loss
(c)aggregate expenditure
(d)aggregate income
And – Option (d)
- In case you have missed:- Next Chapter MCQ Questions
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