Economics Quiz for SSC CGL 2016, SSC CHSL

June 17, 2016    

For the first time SSC examination will be held in Computer Based pattern and managing time will be one of the important factor while solving the questions. So in order to make students familiar with such a situations we are providing questions in a time based manner , which will help students to manage the time properly.




1.A firm sells new shares worth Rs. 1000 direct to individuals. This transaction will cause :
Gross National Product to rise by Rs. 1000
Gross Domestic Product to rise by Rs. 1000
National Income to rise by Rs. 1000
No impact on Gross National Product

2.Which is not included in the private income arising in a country ?
Factor income from net domestic product
Net factor income from abroad
Current transfers from Government
Current Payments on foreign loans

3.In India, agriculture income is calculated by :
Output method
Input method
Expenditure method
Commodity flow method

4.Who coined the term ‘Hindu rate of growth’ for Indian Economy ?
A. K. Sen
Kirit S. Parikh
Raj Krishna
Montek Singh Ahluwalia

5.GDP at factor cost is :
GDP minus indirect taxes plus subsidies
GNP minus depreciation allowances
NNP plus depreciation allowances
GDP minus subsidies plus indirect taxes

6.Per Capita Income is obtained by dividing National Income by :
Total population of the country
Total working population
Area of the country
Volume of the capital used

7.Which one of the following is a development expenditure ?
Irrigation expenditure
Civil administration
Debt services
Grant-in-Aid

8.Gross Domestic Product (GDP) is defined as the value of all :
goods produced in an economy in a year
goods and services in an economy in a year
final goods produced in an economy in a year
final goods and services produced in an economy in a year

9.Net National Product (NNP) of a country is :
GDP minus depreciation allowances
GDP plus net income from abroad
GNP minus net income from abroad
GNP minus depreciation allowances

1O. Which one of the following is NOT a method of measurement of National Income ?
Value Added Method
Income Method
Expenditure Method
Investment Method

               





Economics Quiz for SSC CGL 2016, SSC CHSL 4.5 5 Yateendra sahu June 17, 2016 For the first time SSC examination will be held in Computer Based pattern and managing time will be one of the important factor while solvi...


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