Managerial Economics

1:

Match the following :

List-I (GNP)

(A) GNP at factor cost

(B) GNP at market prices

(C) GNP as per Expenditure method

(D) GNP as per Income method

List-II (Formula)

1. GNP at market prices - Indirect taxes + subsidies

2. GDP at market prices + Net Income from Abroad

3. Private consumption + Gross Domestic Private investment + Net foreign Investment + Government Expenditure on goods and services

4. Wages and salaries + Rents + Interests + Dividends + Undistributed corporate profits + Mixed Incomes + Direct taxes + Indirect Taxes + Depreciation + Net Income from Abroad

5. Per capita income/Dividend

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

4    1    3    2

C.

(A) (B) (C) (D)

3    1    2    4

D.

(A) (B) (C) (D)

3    4    2    1

 

Answer : A

Explanation :

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Option: A

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