Welcome to your 11 Jan 2023 Daily Quiz

1.Which of the following statement is not correct regarding short term debt?

2.Which among the following statements about National Income are Incorrect? 1. It conceals disparities in wealth distribution 2. It includes unpaid services 3. It doesn’t consider the underground economy 4. It is an indicator of the sustainability of growth 5. It considers non-monetary transactions Select the correct answer using the codes given below.

3.Which of the following measures is used in estimating the national income of a country?

4.Which of the following offices calculates the National Income of India?

5.The first scientific attempt to calculate the National Income of India was made by

6.Which of the following statements is correct about Concessional debt?

7.What is the purpose of periodic changes in base years of National Income accounting?

8.Which of the following comes under the category of Product taxes? 1. Excise tax 2. Service tax 3. Stamp duty 4. Sales tax 5. Import duty 6. Professional tax Select the correct answer using the codes given below.

9.Which among the following statements are correct? 1. Market price = Factor cost + Net Indirect taxes 2. GVA at basic price = GVA at factor cost – Net production taxes 3. GDP at market prices = GVA at basic prices + Product taxes – Product subsidies Select the correct answer using the codes given below.

10.Which among the following statements about the share of various sectors in GDP during 2010-19 are correct? 1. Share of the agricultural sector consistently declined in this period. 2. Share of the industrial sector declined over this period. 3. Share of the services sector increased over this period. Select the correct answer using the codes given below.

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