MCQ Quiz - Practice Questions

MCQ Quiz

Question 1

National income refers to the income of:

Question 2

National income is calculated for:

Question 3

National income helps judge:

Question 4

Term for income of some nation

Question 5

GDP refers to total:

Question 6

To calculate GDP, add money value of:

Question 7

Adding quantities of various types of goods is:

Question 8

We add the _______ of goods/services to calculate GDP:

Question 9

GDP measures total

Question 10

To calculate GDP of cars & computers, we need their

Question 11

Country with highest national income in 2024:

Question 12

India's national income rank among all countries of the world in 2024 is

Question 13

Governments calculate national income to understand

Question 14

Comparing national income helps understand

Question 15

Tracking national income helps assess policy effectiveness on

Question 16

Higher national income suggests greater

Question 17

National income may not reflect people's

Question 18

India's improved national income ranking suggests

Question 19

Full form of GDP is

Question 20

Does high national income definitely indicates prosperity of the people of the country

National Income Accounting MCQ Test 1