11th class Principles of Economics chapter 9 online mcq test with answers for I.Com part 1 Principles of Economics chapter 9(National Income)

Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test

Sr. #	Questions	Answers Choice
1	According to Pigou national income is that part of material wealth	Which can be stored easily Which can be measured by the scale of money Which have volume and surrounds Which is exported
2	Which thing should be added in net national product to get gross national product	Direct taxes Indirect taxes Depreciation allowance Subsidies
3	Which thing of the following should be subtracted from gross national product to get net national product	Direct taxes Indirect taxes Depreciation allowance Income received from foreign country
4	national income is found by	Subtracting depreciation allowance from gross national product Subtracting indirect taxes from net national product Adding subsidies in net national product Subtracting indirect taxes and adding subsidies in net national product
5	National income means the income	Which central government earns during a year Which provincial government earn during a year Total wealth of a country Rewards which the factors of production get during a year
6	Net national product is found by	Subtracting tax from gross national product Subtracting transfer payments form gross national product Subtracting depreciation allowance from gross national product Subtracting subsidies from gross national product
7	Gross national product means	Total of price of all goods produced in a country in year Total of price of all consumer goods produced in the economy during a year Total of goods and services produced in the economy during a year Total of monetary value of goods and services produced during a year in the economy

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