CBSE Class 12 National Income Accounting Multiple Choice Questions with Answers. MCQ Questions Class 12 National Income Accounting with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 National Income Accounting with Answers to know their preparation level.
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MCQ Questions Class 12 National Income Accounting with Answers - Set - 3
Question 1:
Which of the following is not flow?
(a) Capital
(b) Income
(c) Investment
(d) Depreciation
Correct Answer – (A)
Question 2:
For a four sector or open economy the condition for equilibrium is:
(a) Savings + taxes + Imports = Investment + govt, expenditure + exports
(b) Total Leakages = Total Injections
(c) Aggregate output = Aggregate Expenditure
(d) All of these
Correct Answer – (D)
Question 3:
Which is the equilibrium condition of circular flow in the four sector model?
(a) C + I
(b) C + I + G
(c) C + I + G + (X-M)
(d) None of these
Correct Answer – (C)
Question 4:
Which one is included in the three-sector model?
(a) Family
(b) Firm
(c) Government
(d) All of these
Correct Answer – (D)
Question 5:
Which of the following is included in real flow?
(a) Flow of Goods
(b) Flow of Services
(c) Both (a) and (b)
(d) None of these
Correct Answer – (C)
MCQ Questions Class 12 National Income Accounting With Answers
Question 6:
Which service is included in Tertiary Sector?
(a) Mining
(b) Construction
(c) Communication
(d) Animal Husbandry
Correct Answer – (C)
Question 7:
The primary sector includes:
(a) Agriculture
(b) Retail trading
(c) Small Industries
(d) All the these
Correct Answer – (D)
Question 8:
Which one is included in the four-sector model?
(a) Family, Firm, Industry
(b) Family, Firm, Government
(c) Family, Firm, Government, Foreign Sector
(d) None of the above
Correct Answer – (C)
Question 9:
Which services are provided by families to a firm?
(a) Land
(b) Labour
(c) Capital and Enterprises
(d) All the above
Correct Answer – (D)
Question 10:
Which one is included inflow ?
(a) Consumption
(b) Investment
(c) Income
(d) All of these
