Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Match List-I with List-II

List-I

List-II

(A) Not pass through any more stages of production or transformations

(I) Capital goods

(B) Consumed when purchased by their ultimate consumers

(II) Intermediate goods

(C) Gradually undergo wear and tear

(III) Final goods

(D) Used by other producers as material inputs

(IV) Consumption goods

Choose the correct answer from the options given below:

Options:

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

(A)-(II), (B)-(I), (C)-(III), (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) Not pass through any more stages of production or transformations

(III) Final goods

(B) Consumed when purchased by their ultimate consumers

(IV) Consumption goods

(C) Gradually undergo wear and tear

(I) Capital goods

(D) Used by other producers as material inputs

(II) Intermediate goods