A. Ministry of Finance

B. Ministry of Commerce and Industry

C. Ministry of Central Statistical and Program Implementation (Central statistical organization)

D. Ministry of consumer Affairs

A. National Expenditure = National income

B. National Expenditure = National income + National savings

C. National Expenditure = National income + Taxes

D. National Expenditure = National income – Taxes

A. National Income = National expenditure – indirect taxes

B. NI = GNP – NNP

C. NI = NNP – indirect taxes (because, from NNP if we minus the indirect taxes it will give us NNP@FC which is equal to NI)

D. NI = PI

A. 5

B. 2

C. 1

D. 3

A. GNP = GDP – net income from abroad

B. GNP = GDP + net income from abroad (R-P)……. GDP+(R-P)

C. GNP = NNP – net income from abroad

D. GNP = NNP + net income from abroad

A. Transfer payment are included in national income

B. Depreciation allowance is a part of GNP

C. Taxes are not included in NNP

D. GDP means Gross Direct Production

A. NNP

B. GNP

C. PI (Disposable Personal Income)

D. PI (personal income)

A. Number of my shirts

B. My total wealth

C. My monthly income

D. Money supply

A. Use GDP deflator

B. Calculate value added at each stage of production

C. Use retail prices

D. Use price of only intermediate goods

A. Direct taxes

B. Indirect taxes

C. Depreciation

D. None of these