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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. Dr. Amiya Chakravarthy is known for his

    • Options
    • A. work in the Chipko movement
    • B. composing music for Ray's films
    • C. being literary Secretary to R. N. Tagore
    • D. patenting a living organism
    • Discuss
    • 2. Raja Ravi Verma, was famous in which of the fields?

    • Options
    • A. Painting
    • B. Politics
    • C. Dance
    • D. Music
    • Discuss
    • 3. SAARC was founded in

    • Options
    • A. New Delhi
    • B. Geneva
    • C. Dhaka
    • D. Thimpu
    • Discuss
    • 4. Who is Tania Sachdev?

    • Options
    • A. Chess player
    • B. Cricketer
    • C. Actress
    • D. Dancer
    • Discuss
    • 5. Yondieki who set up a new world record in 10,000 meters race, belongs to

    • Options
    • A. Australia
    • B. Canada
    • C. Kenya
    • D. Mexico
    • Discuss
    • 6. Limba Ram is known for his outstanding performance in which of the following?

    • Options
    • A. Karate
    • B. Judo
    • C. Shooting
    • D. Archery
    • Discuss
    • 7. How many runs did VVS Laxman score in his ODI debut?

    • Options
    • A. 100
    • B. 1
    • C. 99
    • D. 0
    • Discuss
    • 8. The smallest division of geological time scale is

    • Options
    • A. eon
    • B. eras
    • C. stage
    • D. periods
    • Discuss
    • 9. The slow down slope movement of soil and sediment because of frost heaving and thawing is called

    • Options
    • A. solifluction
    • B. gelifluction
    • C. frost creep
    • D. rockfall
    • Discuss
    • 10. Debenture holders of a company are its


    • Options
    • A. shareholders
    • B. creditors
    • C. debtors
    • D. directors
    • Discuss


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