Study Material

NATIONAL INCOME ANALYSIS

Economics

Inter First Year

English

Very Short Answer Questions

Q1. Define the concept of national income

Q2. Mention the factors that determine national income

Q3. Explain the concept of gross national product (GNP)

Q4. State the net national product (NNP) at factor cost

Q5. What is personal income?

Q6. Explain the subsidies concept of

Q7. Examine the real per capita income

Q8. State the components of national income

Q9. Explain the income method of measuring national income

Q10. Write a note on national income in India

Q11. Distinguish between per capita income and national income

Q12. Analyse the concept of transfer payments with the suitable examples

Q13. Discuss the importance of national income estimations

Q14. State the responsibility of C.S.O

Q15. Explain the concept of G.V.A

Short Answer Questions

Q1. Analyse the factors that determine national income

Q2. Explain the differences between gross national product at market prices and gross national product at factor prices

Q3. Make a distinction between national income at market prices and national income at factor cost

Q4. Analyse the three definitions of national income

Q5. Define the concepts of the per capita income and examine the relationship between population and the per capita income

Q6. Analyse any two methods of measuring national income

Long Answer Questions

Q1. Examine the various definitions of national income and describe the determining factors of national income

Q2. Explain the various concepts of national income

Q3. State the various methods of calculating national income and explain them