Economy - MOST IMPORTANT SSC CGL Previous Year Questions
Practice real questions from previous year exams of SSC CGL.
📘 National Income Concepts and Methods of Calculation📚 Misc
Q1
Which of the following options represents the total income earned by individuals from all sources before deducting personal income taxes?
🎯 SSC CGL Mains -26/10/2023 (Shift-I)
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q2
In 1950-51, approximately what percent was the contribution of the industrial sector in the gross domestic product?
🎯 SSC GD - 01/02/2023 (Shift-II); SSC CGL (TIER-1) 10-09-2016, 4.15 pm
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q3
Which sector has the highest percentage share of goods exports in the annual GDP (at current prices) for the year 2020-21?
🎯 SSC CGL (Tier-1) – 21/07/2023 (Shift-IV)
📘 National Income Concepts and Methods of Calculation📚 Net National Product (NNP)
Q4
What is Net National Product?
🎯 SSC CGL (Tier-1) – 21/07/2023 (Shift-II)
📘 National Income Concepts and Methods of Calculation📚 Methods of Calculation
Q5
Which of the following is the sum of net investment and depreciation called?
🎯 SSC CGL (Tier-1)– 19/07/2023 (Shift-I)
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q6
GDP deflator is equal to
🎯 SSC CGL (Tier-1)– 18/07/2023 (Shift-III)
📘 National Income Concepts and Methods of Calculation📚 Per capita Income
Q7
Which is the parameter for the economic development?
🎯 SSC CGL 08-09-2016, 10 am; SSC MTS 10-10-2017 (Shift-I); SSC MTS 10-10-2017 (Shift-II)
📘 National Income Concepts and Methods of Calculation📚 Methods of Calculation
Q8
The aggregate value of goods and services produced in an economy can be calculated by three methods: income method, expenditure method and __________ method
🎯 SSC CGL (Tier-I)-2019 – 05/03/2020 (Shift-II)
📘 National Income Concepts and Methods of Calculation📚 Methods of Calculation
Q9
Which of the following is not a method of estimating national income?
🎯 SSC CGL (TIER-1) 03-09-2016, 4:15 pm
📘 National Income Concepts and Methods of Calculation📚 Misc
Q10
Depreciation is an annual allowance for the wear and tear of
🎯 SSC CGL (Tier-I)-2019 – 05/03/2020 (Shift-II)
📘 National Income Concepts and Methods of Calculation📚 Gross National Product (GNP)
Q11
What does GNP stand for?
🎯 SSC CGL (Tier-I)-2019 – 09/03/2020 (Shift-I)
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q12
What is the economic impact of increase in productivity of firms?
🎯 SSC CGL (Tier-I) – 13/06/2019 (Shift-I)
📘 Inflation and Business Cycles (Recession, Depression, etc.)📚 Measures of Inflation- WPI, CPI, etc.
Q13
The basis of determining dearness allowance to employees in India is.........
🎯 SSC CGL (TIER-1) 09-09-2016, 4:15 pm
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q14
Which of the following areas make the largest contribution to national income in India?
🎯 SSC CGL (TIER-1) 10-09-2016, 4:15 pm
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q15
Sectoral distribution of GDP index measures.....
🎯 SSC CGL (TIER-1) 06-09-2016, 10 am
📘 National Income Concepts and Methods of Calculation📚 Misc
Q16
National Income is compiled by
🎯 SSC CGL (TIER-1) 04-09-2016, 10 am
📘 National Income Concepts and Methods of Calculation📚 Misc
Q17
Depreciation is loss in value of..........
🎯 SSC CGL (TIER-1) 02-09-2016, 4:15 pm
📘 National Income Concepts and Methods of Calculation📚 Methods of Calculation
Q18
In economic terms what do we mean by 'intermediate goods'?
🎯 SSC CGL (Tier-I) – 10/06/2019 (Shift-III)
📘 National Income Concepts and Methods of Calculation📚 Gross Domestic Product (GDP)
Q19
The GDP deflator is also called :
🎯 SSC CGL 21/04/2022 (Shift-III)
📘 Unemployment📚 Misc
Q20
According to the standard census definition, who of the following can be classified as a main worker in India?
🎯 (SSC 10+2 CHSL 31.01.17, 4.15 pm); SSC CGL (TIER-1) 06-09-2016, 10 am; SSC Selection Phases XI– 28/06/2023 (Shift-I)