CBSE Class 12 Economics — National Income and Related Aggregates
All previous year questions from Chapter: National Income and Related Aggregates
3 questions found
2026(3 questions)
- 1
In a two sector economy, the flow of factor payments moves from __________ to __________. (Choose the correct option to fill in the blanks)
1 mark· A· Circular Flow of Income - 5
In an economy, exclusion of ___________ may lead to under estimation of the value of Gross Domestic Product (GDP). (Choose the correct option to fill in the blank) (i) Barter Transactions (ii) Services provided by family members (iii) Illegal activities (iv) Depreciation of Assets
1 mark· A· Exclusions Leading to Underestimation of GDP - 7
Read the following statements carefully : Statement 1 : Final goods are those goods which normally lose their identity in the production process. Statement 2 : Final goods may get transformed during the consumption process by a consumer. (Choose the correct option)
1 mark· A· Final Goods vs Intermediate Goods