Download App

National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting1 Mark
Question
Define National Income.
✓

Answer

It is the money value of the final goods and services produced in an economy during a particular year.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from National Income Accounting→National Income Accounting — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Why are subsidies treated as revenue expenditure?
→
Categorize the following items into Revenue and Capital Receipts.Statement-Dividend received by government from a company.
→
What does deflationary gap measure?
→
In India, for the last several years, there has been deficit in the revenue account. How is it met or financed?
→
Define flow variable.
→
What are revenue receipts in a government budget?
→
States the categories of GST.
→
India has been suffering from the problem of fiscal deficit for the last many years. Mention any two steps.
→
Name the two sub-accounts (or parts) of BoP accounts.
→
Name the three methods of measuring National Income.
→