Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Match List-I with List-II

List-I

List-II

(A) GVA at Market Prices

(I) GVA at basic prices - Net Production Taxes

(B) GVA at basic prices

(II) NNPMP - Net Product Taxes - Net Production Taxes

(C) GVA at factor cost

(III) GDP at market prices

(D) National Income (NI)

(IV) GVAMP - Net Product Taxes

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Explanation:

The correct answer is Option (4) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II)

List-I

List-II

(A) GVA at Market Prices

(III) GDP at market prices

(B) GVA at basic prices

(IV) GVAMP - Net Product Taxes

(C) GVA at factor cost

(I) GVA at basic prices - Net Production Taxes

(D) National Income (NI)

(II) NNPMP - Net Product Taxes - Net Production Taxes