Class XII

Net income from property and entrepreneurship is a component of Net Factor Income from Abroad
  1. Can’t say
  2. FALSE
  3. 1
  4. Never
Which of the following will you include while estimating domestic product of India?
  1. Salaries paid to Koreans working in the Indian embassy in Korea
  2. Rent received by resident Indian from his property in Singapore.
  3. Profits earned by branch of American bank in India.
  4. Salaries of Indians working in Japanese Embassy in India
Which of the following will you include while estimating national income by income method?
  1. Increase in stocks
  2. Purchase of share
  3. Compensation of employees
  4. Purchase of new car by a household
Stock is a
  1. Non economic concept
  2. Hypothetical concept
  3. Dynamic concept
  4. Static concept
water in a tank is a
  1. Stock concept
  2. Hypothetical concept
  3. Non economic concept
  4. Flow concept
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