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Free MCQ’s Quiz on Class 12 Macro Economics Chapter 2 – National Income Accounting – Set 1

Free MCQ’s Quiz for Class 12 Macro Economics Chapter 2 – National Income Accounting with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 12th Economics – Macro Economics – ‘National Income Accounting’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 12 Economics – Macro Economics Chapter 2 – National Income Accounting. In National Income Accounting, we’ll go over the basics of how a simple economy works. We explain some of the key concepts we’ll be working with, as well as how we might analyze the economy’s total income as it circulates among its many sectors. The product method, expenditure method, and income method are the three methods for calculating national income. Finally, the several sub-categories of national income are discussed.

To make you perfect in this topic – National Income Accounting, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on National Income Accounting.

Free MCQ’s on National Income Accounting

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#1. Which of the following covered under the domestic territory of India?

#2. Which of the following is included in national income?

#3. Which one of the following is included in ‘Stock’ ?

#4. Which services are covered under the Tertiary Sector?

#5. Increase or addition in the stock of capital is known as____.

#6. Coal purchased by a manufacturer is a ____, while it is a ___ when purchased by a household.

#7. Why are the intermediate goods not included in the national income while measuring national income?

#8. Calculation of national income at market prices is known as?

#9. ____ means estimating the value of goods and services more than once.

#10. What is fixed capital consumption called?

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