UPSC 2013 › Indian Economy › National Income & Economic Growth

2 questions · 2013 · answers as per the UPSC key

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All years of National Income & Economic Growth · Full UPSC 2013 paper
UPSC 2013 · Q92 · Indian Economy › National Income & Economic Growth · Save

Economic growth in country X will necessarily have to occur if

(a) there is technical progress in the world economy
(b) there is population growth in X
(c) there is capital formation in X
(d) the volume of trade grows in the world economy
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Answer: (c) there is capital formation in X
UPSC 2013 · Q99 · Indian Economy › National Income & Economic Growth · Save

The national income of a country for a given period is equal to the

(a) total value of goods and services produced by the nationals
(b) sum of total consumption and investment expenditure
(c) sum of personal income of all individuals
(d) money value of final goods and services produced
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Answer: (d) money value of final goods and services produced