10th social science ECO - Gross Domestic Product and its Growth An Introduction ONLINE MCQS TEST

20:00

25 MCQ Test

Q1. GNP equals
NNP adjusted for inflation
GDP adjusted for inflation
GDP plus net property income from abroad
NNP plus net property income from abroad

Q2. National Income is a measure of
Total value of money
Total value of producer goods
Total value of consumption goods
Total value of goods and services

Q3. Primary sector consists of
Agriculture
Automobiles
Trade
Banking

Q4. Value added approach sums
Expenditure
Value added of intermediate goods
Income
National income

Q5. Largest sector in India
Agriculture
Service
Industry
Mining

Q6. India is the ____ largest economy
First
Third
Sixth
Tenth

Q7. GDP measures
Imports
Market value of final goods/services
Only agriculture
Only services

Q8. PCI formula
NI × Population
NI / Population
Population / NI
GDP / Population

Q9. NDP =
GDP + Depreciation
GNP - Depreciation
GDP - Depreciation
GDP × Depreciation

Q10. NNP =
GDP - Depreciation
GNP - Depreciation
GDP + NFIA
PI - Taxes

Q11. CSO stands for
Central Statistical Organisation
Circle Statistical Organisation
Consumer Statistics Office
Central Sampling Office

Q12. CPI stands for
Consumer Price Index
Consumer Product Index
Consumption Price Index
Cost Price Index

Q13. PPP stands for
Public Price Policy
Purchasing Power Parity
Production Power Parity
People Purchasing Power

Q14. HDI introduced by
Amartya Sen
Simon Kuznets
Mahbub ul Haq
Dadabhai Naoroji

Q15. GNH means
Gross National Health
Gross National Happiness
General National Happiness
Global National Happiness

Q16. Economic growth is measured by
Quality
Output in monetary value
Population
Exports

Q17. Industrial sector is
Primary
Secondary
Tertiary
Quaternary

Q18. Service sector is
Primary
Secondary
Tertiary
Quinary

Q19. GDP formula includes
C+I
C+I+G+(X-M)
G+X
C+G

Q20. Intermediate goods
Consumed directly
Used to produce other goods
Luxury goods
Imported goods

Q21. Disposable Income
GDP-Tax
PI - Direct Taxes
NI/Population
GNP-Dep

Q22. India liberalized economy in
1972
1980
1991
2000

Q23. Agriculture is
Primary
Secondary
Tertiary
Quaternary

Q24. GDP excludes
Final goods
Market services
Intermediate goods
Consumer goods

Q25. Human Development measured by
GDP
PCI
HDI
GNP