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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.


  • More questions

    • 1. The mean surface temperature of the sun is estimated to be of the prder of

    • Options
    • A. 5500?C
    • B. 4000?C
    • C. 2000?C
    • D. 1000?C
    • Discuss
    • 2. The Pyrenees mountains are located on the border between ____ and ____

    • Options
    • A. Romania, Bulgaria
    • B. Norway, Sweden
    • C. Hungary, Romania
    • D. France, Spain
    • Discuss
    • 3. What is the relationship between resistivity r and conductivity s?

    • Options
    • A. R = s2
    • B. R = s
    • C. R > s
    • D. R = 1/s
    • Discuss
    • 4. Which of the following is used as a lubricant?

    • Options
    • A. Graphite
    • B. Silica
    • C. Iron Oxide
    • D. Diamond
    • Discuss
    • 5. Fenway Park is the home field of what Major League Baseball team?

    • Options
    • A. New York Yankees
    • B. Chicago White Sox
    • C. Montreal Expos
    • D. Boston Red Sox
    • Discuss
    • 6. The religion of Afghanistan is

    • Options
    • A. Islam
    • B. Buddhism
    • C. Hinduism
    • D. Christianity
    • Discuss
    • 7. Who was the first Indian woman to win a medal in the Olympics?

    • Options
    • A. P.T.Usha
    • B. Karnam Malleshwari
    • C. Kunjarani Devi
    • D. Bachendri Pal
    • Discuss
    • 8. Who is known as 'Desert Fox'?

    • Options
    • A. Bismarck
    • B. Eisenhower
    • C. Gen. Rommel
    • D. Walter Scott
    • Discuss
    • 9. The letters, "DOS" stand for...

    • Options
    • A. Data Out System
    • B. Disk Out System
    • C. Disk Operating System
    • D. Data Operating System
    • Discuss
    • 10. Which of the following countries is not a member of SAARC?

    • Options
    • A. Nepal
    • B. Bangladesh
    • C. Afghanistan
    • D. Myanmar
    • Discuss


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