Humanities/Arts Exam > Humanities/Arts Questions > If national Income = Rs. 9,500 cr and Domesti...
Start Learning for Free
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?
- a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.
- b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.
- c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.
- d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, ...
(NNPfc = NDPfc + NFIA)
(NFIA = –300)
(Net Factor Income From Abroad is 500 and Net
Factor Income to Abroad is 800)
(NFIA = –300)
(Net Factor Income From Abroad is 500 and Net
Factor Income to Abroad is 800)
Free Test
| FREE | Start Free Test |
Community Answer
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, ...
National Income and Domestic Income
National income and domestic income are two measures used to assess the economic performance of a country. National income refers to the total income generated within a country's borders, including both domestic and foreign sources. Domestic income, on the other hand, refers only to the income generated within the country.
Given that the national income is Rs. 9,500 crores and the domestic income is Rs. 9,800 crores, we can analyze the factor income from and to abroad to determine the correct option.
Factor Income from Abroad and Factor Income to Abroad
Factor income from abroad refers to the income earned by residents of a country from their investments or work in foreign countries. Factor income to abroad, on the other hand, refers to the income earned by foreign residents from their investments or work within the country.
To determine the correct option, we need to compare the national income and domestic income with the factor income from abroad and factor income to abroad.
Analysis of Options
a) Factor income from abroad = Rs. 1,200, factor income to abroad = Rs. 1,000
b) Factor income from abroad = Rs. 1,000, factor income to abroad = Rs. 1,200
c) Factor income from abroad = Rs. 500, factor income to abroad = Rs. 800
d) Factor income from abroad = Rs. 800, factor income to abroad = Rs. 500
To find the correct option, we need to calculate the difference between national income and domestic income.
National Income - Domestic Income = Factor Income from Abroad - Factor Income to Abroad
Rs. 9,500 crores - Rs. 9,800 crores = Factor Income from Abroad - Factor Income to Abroad
- Rs. 300 crores = Factor Income from Abroad - Factor Income to Abroad
From the given options, the only option that satisfies this equation is option c.
Conclusion
Based on the calculation, the correct option is c) Factor income from abroad = Rs. 500, factor income to abroad = Rs. 800.
National income and domestic income are two measures used to assess the economic performance of a country. National income refers to the total income generated within a country's borders, including both domestic and foreign sources. Domestic income, on the other hand, refers only to the income generated within the country.
Given that the national income is Rs. 9,500 crores and the domestic income is Rs. 9,800 crores, we can analyze the factor income from and to abroad to determine the correct option.
Factor Income from Abroad and Factor Income to Abroad
Factor income from abroad refers to the income earned by residents of a country from their investments or work in foreign countries. Factor income to abroad, on the other hand, refers to the income earned by foreign residents from their investments or work within the country.
To determine the correct option, we need to compare the national income and domestic income with the factor income from abroad and factor income to abroad.
Analysis of Options
a) Factor income from abroad = Rs. 1,200, factor income to abroad = Rs. 1,000
b) Factor income from abroad = Rs. 1,000, factor income to abroad = Rs. 1,200
c) Factor income from abroad = Rs. 500, factor income to abroad = Rs. 800
d) Factor income from abroad = Rs. 800, factor income to abroad = Rs. 500
To find the correct option, we need to calculate the difference between national income and domestic income.
National Income - Domestic Income = Factor Income from Abroad - Factor Income to Abroad
Rs. 9,500 crores - Rs. 9,800 crores = Factor Income from Abroad - Factor Income to Abroad
- Rs. 300 crores = Factor Income from Abroad - Factor Income to Abroad
From the given options, the only option that satisfies this equation is option c.
Conclusion
Based on the calculation, the correct option is c) Factor income from abroad = Rs. 500, factor income to abroad = Rs. 800.
Attention Humanities/Arts Students!
To make sure you are not studying endlessly, EduRev has designed Humanities/Arts study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Humanities/Arts.
|
Explore Courses for Humanities/Arts exam
|
|
Similar Humanities/Arts Doubts
Top Courses for Humanities/ArtsView all
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer?
Question Description
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer?.
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer?.
Solutions for If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts.
Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice If national Income = Rs. 9,500 cr and Domestic Income = Rs. 9,800 cr, then which of the following options will be correct?a)Factor income from abroad = Rs.1,200, factor income to abroad = Rs.1,000.b)Factor income from abroad =Rs.1,000, factor income to abroad = Rs.1,200.c)Factor income from abroad = Rs.500, factor income to abroad = Rs.800.d)Factor income from abroad = Rs.800, factor income to abroad = Rs.500.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
|
|
Explore Courses for Humanities/Arts exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup