LAQSHYA OPTIMA 2021: DNP Economy March 9

1. The difference between GNP and NNP is equal to

2. The limitation of GNP as a measure of welfare?

1. Quality of life is not determined by it
2. Externalities are not included
3. Economic and gender disparities are not included

Select the correct answer using the code given below.

3. With reference to Gross Domestic Product (GDP), consider the following statements:

1. It measures the aggregate production of final goods and services.
2. It includes the contribution of foreigners to the nation’s economy
3. It includes the contribution of a country’s citizens all over the world.

Which of the statements given above is/are correct?

4. Ease of Living Index is brought out by

5. Which of the following can aid in furthering the Government’s objective of inclusive growth?

1. Promoting Self-Help Groups
2. Promoting Micro, Small and Medium Enterprises
3. Implementing the Right to Education Act

Select the correct answer using the codes given below:

6. Consider the following statements

1. GDP is higher than GVA when growth of indirect tax is greater than growth in subsidies.
2. GDP is lower than GVA when growth of indirect tax is greater than growth in subsidies.

Which of the above statements is / are correct? Select the correct answer using the code below?