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Class 12 · Economics · Medium

In the income method, rent and royalty can be placed under which broad component?

Class 12 · Economics · Easy

A self-employed tailor works in his own shop and also uses his own capital and tools. How is his income classified under the income method?

Class 12 · Economics · Medium

In the income method, what adjustments are needed to move from GDP at market price (GDPMP) to NDP at factor cost (NDPFC)?

Class 12 · Economics · Medium

If an author receives royalty for writing a book, what is its correct treatment in the income method?

Class 12 · Economics · Medium

What adjusts the difference between domestic territory and normal residents in the income method?

Class 12 · Economics · Easy

What can be the treatment of an in-kind facility given by an employer to a domestic employee in the income method?

Class 12 · Economics · Medium

Under the income method, under which item is the income of a self-employed tailor recorded when returns to labour, capital and entrepreneurship cannot be identified separately?

Class 12 · Economics · Medium

Which option states a correct precaution to be followed while applying the income method?

Class 12 · Economics · Hard

Why are indirect taxes not added separately when domestic income is calculated by the income method?

Class 12 · Economics · Medium

What is the basic difference between a scholarship and a teacher’s salary under the income method?

Class 12 · Economics · Medium

Under the income method, under which category is the income of a self-employed shopkeeper running a shop with his own resources included?

Class 12 · Economics · Hard

Why is the value of voluntary free service generally not added under the income method?

Class 12 · Economics · Medium

Which of the following is included in operating surplus rather than compensation of employees under the income method?

Class 12 · Economics · Medium

While estimating national income by the income method, how is the income of a tailor working in his own business classified?

Class 12 · Economics · Hard

Why is an insurance claim generally not included as factor income under the income method?

Class 12 · Economics · Hard

How will the salary received by a foreign resident working within the domestic territory be adjusted while calculating national income?

Class 12 · Economics · Medium

In the income method, wages received by an Indian resident abroad for labour service are related to what?

Class 12 · Economics · Medium

Which is a correct component of operating surplus in the income method?

Class 12 · Economics · Hard

Why is gain from sale of old shares carefully excluded in the income method?

Class 12 · Economics · Medium

Under the income method, how is the income of a tailor who works for himself using his own tools classified?