UPSC NCERT ECONOMY NOTES: TOPIC WISE SOLVED MCQ’s
Analyzing the IAS exam pattern, it is evident that candidates should have clear understanding concepts and this is possible through daily IAS preparation.
To assist you Himalai IAS coaching is to come up with UPSC subject wise most important &
expected IAS prelims questions series with the answer explanation.
You can assess your everyday learning and keep in check with your IAS planning and preparation.
We are also providing our daily program list so you can keep track of our Himalai IAS question series updates.
HIMALAI ONLINE TEST COMING SHORTLY
The most awaited Himalai online IAS test series is coming up shortly. With more than 20 years of experience, Himalai IAS coaching has become one of the pioneers in understanding UPSC exam requirements. These exclusive mock tests are a complete package of UPSC expected questions, answers and an in-depth explanation of each topic prepared by experts with years of IAS coaching experience. Himalai IAS coaching test series will assess your daily IAS preparation and will be the guiding light throughout your IAS journey. To know more register to Himalai.
1.GDP at factor cost is:
a) GDP minus indirect taxes plus subsidies
b) GNP minus depreciation allowances
c) NNP plus depreciation allowances
d) GDP minus subsidies plus indirect taxes
2.Per Capita Income is derived by dividing National Income by:
a) Total working population b) Total population of the country
c) Volume of the capital used d) Area of the country
3.Which one of the following is development expenditure?
a) Irrigation expenditure b) Civil administration
c) Debt services
4.Definition of the Gross Domestic Product (GDP) is given as the value of all:
a) Goods manufactured in an economy in a year
b) services and Goods in an economy in a year
c) End goods manufactured in an economy in a year
d) End goods and services produced in an economy in a year
5.Depreciation is equal to:
a) Personal Income – Personal Taxes
b) Gross National Product – Net National Product
c) Net National Product – Gross National Product
d) Gross National Product – Personal Income
6.Which one of the following is NOT a method of measurement of National Income?
a) Value Added Method b) Income Method
c) Expenditure Method d) Investment Method
7.Net National Product (NNP) of a country is equal to-
a) GDP minus depreciation allowance b) GDP plus net income from abroad
c) GNP minus net income from abroad d) GNP minus depreciation allowances