Question

1. Which of the following is a subject matter of Macro Economics?
A. Supply
B. National Income
C. Price
D. Demand
2. National income includes:
A. Transfer income
B. Factor income
C. Depreciation
D. Indirect taxes
3. National Income can be measured by how many methods?
A. 2
B. 3
C. 4
D. 5
4. Money works as a :
A. Medium of Exchange
B. Measure of Value
C. Transfer of value
D. All of the above
5. Which bank issues notes in India?
A. State Bank of India
B. Punjab National Bank
C. Reserve Bank of India
D. Union Bank of India
6. When the economy is found to be in equilibrium position?
(a)Aggregate Demand =
aggregate supply
(b)Saving = Investment
(c)Both (a )and (b)
(d)None of these
7. When Aggregate demand is less than Aggregate supply to reach full employment level, it is called:
A. Full Demand
B. Excess Demand
C. Zero Demand
D. Deficient Demand
8. Which institution replaced Planning Commission to prepare plans in India?
A. Finance Commission
B. Defense Commission
C. NITI Aayog
D. Population Commission
9. In a two Sector Economy Model, which of the following sector is not found?
A. Household Sector
B. Government Sector
C. Production sector
D. Financial Sector
10. Gross Domestic Product at Market Price - Depreciation =
A. Net Domestic Product at.
market price
B. Net National Product at.
factor cost
C. Gross Domestic Product at
factor cost
D. Net National Product at
market price ​

Answer 1

Explanation:

.......

Answer 2

Answer:

sorry I think this is the ans D. Net National Product at

market price

Explanation:

D. Net National Product at

market price