DPPQ- Income- GDP/GNP - Jharkhand PCS Exam Notes

Question:Machineries in an industry are an example of
>>>Working Capital
>>>Fixed Capital
>>>Financial Capital
>>>Production Capital
>>>option2

Question:Finished goods in an industry are an example of
>>>Working Capital
>>>Fixed Capital
>>>Financial Capital
>>>Production Capital
>>>option1

Question:Money invested by a venture capitalist in an industry is an example of
>>>Working Capital
>>>Fixed Capital
>>>Financial Capital
>>>Production Capital
>>>option3

Question:Total market value of all the final goods and services produced in a specific time period in a country is known as

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Question:Current year production of goods and services valued at current year price is known as
>>>Nominal GDP
>>>Real GDP
>>>Nominal GNP
>>>Real GNP
>>>option1

Question:Current year production of goods and services valued at base year price is known as
>>>Nominal GDP
>>>Real GDP
>>>Nominal GNP
>>>Real GNP
>>>option2

Question:Factor cost includes
>>>indirect taxes but exclude subsidies
>>>subsidies but excludes indirect taxes
>>>includes both indirect taxes and subsidies
>>>excludes both indirect taxes and subsidies
>>>option2

Question:Scholerships and pensions are an example of
>>>Subsidies
>>>Factor Payment
>>>Transfer Payment
>>>Inflated Payment
>>>option3

Question:Which of the following is not an aproach of estimating GDP/GNP
>>>Output
>>>Input
>>>Expenditure
>>>Income
>>>option2

Question:GDP at current prices is …..lakh crore for the year 2019 acording to budget
>>>191
>>>201
>>>211
>>>231
>>>option3