Economics Round 1
Test Your Economics Knowledge!
Welcome to the Economics Round 1 Quiz! This interactive quiz is designed to challenge your understanding of various economic concepts and terminology. Whether you're a student of economics or just curious about the subject, this quiz provides a fun way to learn and assess your knowledge.
Key Features:
- 10 thought-provoking questions
- Mix of multiple choice and text-based answers
- Ideal for self-assessment and learning
Remittances from a relative working abroad are:
Included in national income
Not included in national income
Transfer payments
Both (b) and (c)
Which of the following is not a transfer payment?
Scholarship for students
Retirement pensions
Old-age pensions
Donations
Which one includes depreciation
GNP at MP
NNP at MP
NNP at FC
None of these
Profits earned by non-resident companies in India are not a part of our domestic income.(true/false)
Factor services rendered by the households to the firms lead to:
Real flow
Money flow
Service flow
Both (a) and (b)
Which of the following is a semi-durable good?
Radio
Clothes
Milk
Petrol
Net investment is equal to:
Gross investment + depreciation
Gross investment - depreciation
Gross investment * depreciation
Gross investment / depreciation
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