Exam Details
| Subject | National Income Accounting | |
| Paper | ||
| Exam / Course | Bachelor Degree Programme | |
| Department | School of Social Sciences (SOSS) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2015 | |
| City, State | new delhi, |
Question Paper
1. Explain the Income Distribution Method of estimating National Income. What are the factor incomes that are taken into account in this method Discuss the steps required to be taken in this method.
2. What is meant by the concept of National Disposable Income? Explain it from sources and uses angles.
3. What is meant by Capital formation Discuss its importance and point out the difference between Gross and Net Capital formation. Briefly discuss the relationship between investment and growth. in an economy.
4. What is Human Development Index Discuss the method of its construction.
5. Describe how is the value added estimated! for social services in India for National Income Accounting.
6. Distinguish between National Income at Current Prices and National Income at Constant Prices. How is National Income at Constant Prices estimated What is its significance?
7. What is the importance of Savings in the national economy How is the rate of Savings determined Discuss the sectoral distribution of Savings and point out which sector contributes the largest share to Savings in India.
8. Distinguish between Foreign Direct Investment and Portfolio Investment. Which one would you prefer and why?
9. What is meant by Circular Flow of Income Discuss its relationship with the system of accounts.
10. Define any five of the following;
Public Goods
Social Security
Open Economy
Rate of Growth
Tertiary Sector
Financial Savings
11. Distinguish between any two of the following:
Capital and Wealth
Stock Variable and Flow Variable
Market Services and Non-Market Services
Current Transfer and Capital Transfer
12. State whether the following statements are true or false:
Net Indirect Taxes are to be added to NVA mp to get NVA at factor cost.
Both subsidies and direct taxes are to be deducted from Personal Income to find out the Disposable Income.
All economic activities of Indian Embassy in Washington are accounted for as a part of India's GDP.
Net Worth is the aggregate value of all assets at a particular point of time.
Central Statistical Organisation prepares the National Income Accounts in India.
2. What is meant by the concept of National Disposable Income? Explain it from sources and uses angles.
3. What is meant by Capital formation Discuss its importance and point out the difference between Gross and Net Capital formation. Briefly discuss the relationship between investment and growth. in an economy.
4. What is Human Development Index Discuss the method of its construction.
5. Describe how is the value added estimated! for social services in India for National Income Accounting.
6. Distinguish between National Income at Current Prices and National Income at Constant Prices. How is National Income at Constant Prices estimated What is its significance?
7. What is the importance of Savings in the national economy How is the rate of Savings determined Discuss the sectoral distribution of Savings and point out which sector contributes the largest share to Savings in India.
8. Distinguish between Foreign Direct Investment and Portfolio Investment. Which one would you prefer and why?
9. What is meant by Circular Flow of Income Discuss its relationship with the system of accounts.
10. Define any five of the following;
Public Goods
Social Security
Open Economy
Rate of Growth
Tertiary Sector
Financial Savings
11. Distinguish between any two of the following:
Capital and Wealth
Stock Variable and Flow Variable
Market Services and Non-Market Services
Current Transfer and Capital Transfer
12. State whether the following statements are true or false:
Net Indirect Taxes are to be added to NVA mp to get NVA at factor cost.
Both subsidies and direct taxes are to be deducted from Personal Income to find out the Disposable Income.
All economic activities of Indian Embassy in Washington are accounted for as a part of India's GDP.
Net Worth is the aggregate value of all assets at a particular point of time.
Central Statistical Organisation prepares the National Income Accounts in India.
Other Question Papers
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