InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which of the following is a stock ?A. SavingsB. ProductionC. Consumption of fixed capitalD. Capital |
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Answer» Correct Answer - d D. Capital is a stock. |
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| 2. |
Classify the following as stock or flow National income |
| Answer» Correct Answer - Flow | |
| 3. |
Classify the following as real flow or money flow Purchase of cement for construction of a house. |
| Answer» Correct Answer - Real flow | |
| 4. |
Classify the following as real flow or money flow Old age pension given to old people by the government. |
| Answer» Correct Answer - Money flow | |
| 5. |
Classify the following as real flow or money flow Services provided by a teacher in a government school. |
| Answer» Correct Answer - Real flow | |
| 6. |
Stock variable is defined as a variable which is :A. Measured over a period of tomeB. Measured At a particular point of timeC. None of theseD. |
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Answer» Correct Answer - b B. Stock variable is defined as a variable which is Measured at a particular point of time. |
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| 7. |
Which of the following is not considered a factor income ?A. RentB. WagesC. Gifts from abroadD. Profit |
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Answer» Correct Answer - c C. Gifts from abroad are not considered a factor income. |
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| 8. |
Classify the following as stock or flow Capital |
| Answer» Correct Answer - Stock | |
| 9. |
Classify the following as stock or flow Savings |
| Answer» Correct Answer - Flow | |
| 10. |
Classify the following as stock or flow Profits |
| Answer» Correct Answer - Flow | |
| 11. |
Classify the following as stock or flow Losses |
| Answer» Correct Answer - Flow | |
| 12. |
Classify the following as stock or flow Closing stock of a firm |
| Answer» Correct Answer - Stock | |
| 13. |
Which of the following is a phase of circular flow of income ?A. Generation phaseB. Distribution phaseC. Disposition phaseD. All of these |
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Answer» Correct Answer - d D. Generation phase, Distribution phase and Disposition phase are the phase of circular flow of income. |
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| 14. |
Which of the following is not an example of flow variable ?A. Number of births during a yearB. National wealthC. National incomeD. Wheat produced during a year |
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Answer» Correct Answer - d D. Wheat produced during a year is not an example of flow variable. |
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| 15. |
Classify the following as stock or flow Wealth of a nation |
| Answer» Correct Answer - Stock | |
| 16. |
Classify the following as stock or flow Depreciation of machines |
| Answer» Correct Answer - Flow | |
| 17. |
Classify the following as stock or flow Loans taken by the country from rest of the world |
| Answer» Correct Answer - Stock | |
| 18. |
Losses are classified as:A. Stock variableB. Flow variableC. Either (a) or (b)D. Neither (a) nor (b) |
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Answer» Correct Answer - b B. Losses are classified as Flow variable. |
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| 19. |
Real flow is also known as:A. Nominal flowB. Physical flowC. Money flowD. Both (a) and (b) |
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Answer» Correct Answer - b B. Real flow is also known as Money flow. |
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| 20. |
Which of the following is the consumption sector?A. HouseholdsB. FirmsC. ForeignD. Government |
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Answer» Correct Answer - a A. Households is the consumption sector. |
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| 21. |
Money flow involves exchange of :A. Goods and servicesB. GiftsC. MoneyD. None of these |
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Answer» Correct Answer - c C. Money flow involves exchange of Money. |
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| 22. |
Real flow refers to the flow of factor services from ----- to -----.A. Firms to householdsB. Households to firmsC. Firms to governmentD. Households to government |
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Answer» Correct Answer - b B. Real flow refers to the flow of factor services from Households to firms. |
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| 23. |
Which of the following is a flow ?A. Deposits in a bankB. CapitalC. DepreciationD. Wealth |
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Answer» Correct Answer - c C. Depreciation is a flow. |
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| 24. |
In a closed economy,------ is not included.A. HouseholdsB. FirmsC. GovernmentD. Foreign sector |
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Answer» Correct Answer - d D. In a closed economy, Foreign sector is not included. |
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| 25. |
Circular Flow of income is correctly represented in the diagram :A. B. C. D. |
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Answer» Correct Answer - a A. |
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| 26. |
Which of the following is a stock ?A. CapitalB. IncomeC. InvestmentD. Depreciation |
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Answer» Correct Answer - a A. Capital is a stock. |
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| 27. |
What does the the following represent ? A. Real FlowB. Money FlowC. Nominal FlowD. Both (b) and (c ) |
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Answer» Correct Answer - d D. The following diagram represent both Money flow and Nominal Flow. |
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| 28. |
Which of the following diagram repressents Real Flow?A. B. C. D. |
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Answer» Correct Answer - c C. |
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| 29. |
Two - sector economy consists of :A. Households, firmsB. Firms, Foreign sectorC. Households, GovernmentD. Firms, Government |
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Answer» Correct Answer - a A. Two - sector economy consists of Households, firms. |
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| 30. |
Classify the following as real flow or money flow A television set purchased by a consumer. |
| Answer» Correct Answer - Real flow | |
| 31. |
Classify the following as real flow or money flow Payment made for goods and services to producer sector by the government sector. |
| Answer» Correct Answer - Money flow | |
| 32. |
Flow of Goods and services and factors of production across different sectors in barter economy is known as :A. Circular FlowB. Real FlowC. Monetary FlowD. Capital Flow |
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Answer» Correct Answer - b B. Flow of Goods and services and factors of production across different sectors in barter economy is known as Real flow. |
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| 33. |
Classify the following as stock and flow : (i) Amount of bank deposits as on 31.03.2014. (ii) Production of wheat. (iii) Population of India as on 31st March 2012. (iv) Number of literate people as on 31st March 2014. (v) Domestic income of a country. |
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Answer» Stock : (i), (iii), (iv) Flow : (ii), (v) |
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| 34. |
Classify the following as stock or flow Population of India as on 31-03-2017 |
| Answer» Correct Answer - Stock | |
| 35. |
Example of stockA. incomeB. monetary expenditureC. capital formationD. wealth. |
| Answer» Correct Answer - D | |