10th Std - Economics - Lesson 1 - National Income

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10th Std - Economics - Lesson 1 - National Income

Prepared By B. SRINIVASAN, B. T. Asst. , (HISTORY),GHS , GANGALERI - 635 122, KRISHNAGIRI DT   ; &nbs p; & www. Padasalai. Net


Questions and Answers
  • 1. 
    National Income is otherwise called
    • A. 

      Real Income

    • B. 

      Money Income

    • C. 

      Nominal Income

    • D. 

      Gross National Product

  • 2. 
    National Income of a country can be calculated by
    • A. 

      2 methods

    • B. 

      3 methods

    • C. 

      4 methods

    • D. 

      5 methods

  • 3. 
    Net National Product
    • A. 

      GNP (-) Depreciation

    • B. 

      Net domestic product (-) Depreciation

    • C. 

      Per capita Income (-) Depreciation

    • D. 

      Gross domestic product (-) Depreciation

  • 4. 
    India's per capita Income is
    • A. 

      220 dollars

    • B. 

      950 dollars

    • C. 

      2930 dollars

    • D. 

      600 dollars

  • 5. 
    Primary sector consists of
    • A. 

      Trade

    • B. 

      Construction

    • C. 

      Telecommunication

    • D. 

      Agriculture

  • 6. 
    National Income is a measure of
    • A. 

      Total value of money

    • B. 

      Total value of food grains

    • C. 

      Total value of industrial products

    • D. 

      Total value of goods & services

  • 7. 
    Expenditure method estimates national income from the
    • A. 

      Output side

    • B. 

      Income side

    • C. 

      Expenditure side

    • D. 

      Side savings

  • 8. 
    Income method sums all forms of
    • A. 

      Expenditure

    • B. 

      Income

    • C. 

      Savings

    • D. 

      Investment

  • 9. 
    Per capital Income is an indicator of
    • A. 

      Richness of people

    • B. 

      Poverty of people

    • C. 

      Living standard of people

    • D. 

      Literacy of people

  • 10. 
    Primary sector contribution to national Income in India is
    • A. 

      15.8 %

    • B. 

      25.8 %

    • C. 

      12.8 %

    • D. 

      58.4 %