". VdoTips: general Awareness practice Set



general Awareness practice Set

46. Which one of the following is not a method of measurement of National Income ?
(A). Value Added Method
(B). Income Method
(C). Investment Method
(D). Expenditure Method

47. Labour Intensive Technique would get chosen in a—
(A). Labour Surplus Economy
(B). Capital Surplus Economy
(C). Developed Economy
(D). Developing Economy

48. Which one of the following would not constitute an economic activity ?
(A). A teacher teaching students in his class
(B). A teacher teaching students under Sarva Shiksha Abhiyan
(C). A teacher teaching his own daughter at home
(D). A teacher providing consultancy services from his residence

49. The Finance Commission—
(A). Draws up Five Year Plans
(B). Formulates Monetary Policy
(C). Recommends pay revision of Central Government Employees
(D). Adjudicates on the sharing of resources between Centre and the States

50. Net National Product of a country is—
(A). GDP minus depreciation allowances
(B). GDP plus net income from abroad
(C). GNP minus net income from abroad
(D). GNP minus depreciation allowances