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  • Question
  • In India national, National Income is calculated by the method which is known as


  • Options
  • A. the combined method
  • B. the income method
  • C. the product method
  • D. the expenditure method

  • Correct Answer
  • the combined method 

    Explanation

    In India, National Income is calculated by the combined method. It combines two methods i.e product or output method and the income method. This is done to overcome the problem of deficiency of statistics. The product method endeavours to find out the net contribution to national income of all producing units. The income method adds up income and payments accruing of factors of production. This method is used in the tertiary  sector like government services banking etc and also in the commoity sector if output data is not available.


  • Indian Economy problems


    Search Results


    • 1. Which amongst the following states/UTs has Not identified tribal community

    • Options
    • A. Chhattisgarh
    • B. Haryana
    • C. Maharashtra
    • D. Karnataka
    • Discuss
    • 2. In India, planned economy is based on

    • Options
    • A. Mixed Economy System
    • B. Capitalist System
    • C. Gandhian System
    • D. Socialist System
    • Discuss
    • 3. The implementation of Jawahar Rojgar Yojana rests with

    • Options
    • A. Gram Panchayat
    • B. District Collector
    • C. State Government
    • D. Union Government
    • Discuss
    • 4. The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year

    • Options
    • A. 1991-92
    • B. 1992-93
    • C. 1995-96
    • D. 1996-97
    • Discuss
    • 5. Who coined the term 'Hindu rate of growth' for Indian economy

    • Options
    • A. A.K.Sen
    • B. Kirit S.Parikh
    • C. Raj Krishna
    • D. Montek Singh Ahluwalia
    • Discuss
    • 6. The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :

    • Options
    • A. minimum support prices
    • B. procurement prices
    • C. issue prices
    • D. ceiling prices
    • Discuss
    • 7. The train service Thar Express between India and Pakistan, originates in India from

    • Options
    • A. Jaisalmer
    • B. Jodhpur
    • C. Bikaner
    • D. Barmer
    • Discuss
    • 8. Which plan gave emphasis on removal of poverty for the first time

    • Options
    • A. Fourth
    • B. Fifth
    • C. Sixth
    • D. Seventh
    • Discuss
    • 9. The Government of India has decided to declare which of the following rivers a ' National River '

    • Options
    • A. Yamuna
    • B. Kaveri
    • C. Ganga
    • D. None of these
    • Discuss
    • 10. Hindu rate of growth refers to the rate of growth of

    • Options
    • A. GDP
    • B. Population
    • C. Foodgrains
    • D. Per captain income
    • Discuss


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