Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

The method of calculating the national income are-

Income method

Value added method

Expenditure method

All the above

Explanation:

Correct Answer: D

Sol. Primarily there are three methods of measuring national income. Which method is to be employed depends on the availability of data and purpose. The methods are product method, income method and expenditure method

Question: 10 Test: 4 of 5 Next Test

Tests

You are taking Aptitude Test No. 4

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 10 and Test Number 4 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: The method of calculating the national income are- .... with options: Income method, Value added method, Expenditure method , All the above can be solved with the concepts and understanding of Economics.