Download App

National Income — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsNational Income1 Mark
MCQ
Value added approach is the difference between the value of ……………….
(a) Export and import
(b) Receipts and payment
(c) Inputs and final output
(d) None of these
  • A
    a and b
  • B
    b and c
  • ✓
    only c
  • D
    d
✓

Answer

Correct option: C.
only c
only c

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 "Choose the correct option" from National Income→National Income — all question types→Economics STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

When the percentage change in quantity demanded is less than the percentage change in price, the demand curve is ……………..
→
The examples of revenue expenditure …………..
(a) administration cost of the government
(b) huge investments in different developmental projects
(c) salaries, allowances and pensions of government employees
(d) medical and public health services
→
Homogeneous product is a feature of this market.
a) Monopoly
b) Monopolistic competition
c) Perfect competition
d) Oligopoly
→
Features of Perfect Competition are –
(a) Large number of buyers
(b) Large number of sellers
(c) Different prices
(d) Perfect mobility
→
There is a change in the composition of India’s exports from –
(a) primary products to manufactured products
(b) manufactured products to primary products
(c) manufactured products to software
(d) All of these Options:
→
Variation in Demand.
(a) Change in Price
(b) Change in quantity demanded
(c) Change in other factors
(d) No change in other factors
→
Features of Monopolistic Competition are –
(a) Homogeneous product
(b) Selling cost
(c) Downward sloping demand curve
(d) Few buyers
→
Trade surplus means –
(a) Export value > Import value
(b) Export value < Import value
(c) Export value = Import value
(d) All of these
→
Increase in supply is shown by
→
Micro Economic is based on certain assumption.
(a) Perfect competition
(b) Pure capitalism
(c) Full employment
(d) Fluctuations in the national income
→