C-06 — National Income and Its Measurement

At a specific time, usually one year, the sum total of the market price of the final goods and services produced within the geographical boundary of a country is called—

GDP is usually measured for what time period?

GDP is calculated based on production within—

If 100 quintals of paddy at Tk 2,000/quintal, 1,000 shirts at Tk 500 and 1,000 pens at Tk 20 are produced in a year, GDP equals—

While calculating GDP, if rice is produced as a final good from paddy, then we should estimate the production and price of—

The sum total of the market price of the final goods and services produced by the citizens of a country within one fiscal year is called—

Gross National Income is also called—

GNI is determined by adding the gross domestic product and—

Net factor income is obtained by subtracting from the income of citizens from foreign investment/labour—

If net factor income of a country is negative, then GNI will be—

In the perspective of Bangladesh, the gross national income is—

Net National Income (NNI) is obtained by deducting which item from GNP?

Capital Consumption Allowance refers to—

To go from Net National Product to National Income (NI), which item is deducted?

Consider the following statements about national income concepts:

Basically, in how many ways can national income be measured?

In the production approach, GDP is calculated by—

For the production approach, the economy of Bangladesh is divided into how many sectors?

The basic factors of production are—

National income in the income approach equals—

The income derived from land is called—

The income derived from labour is called—

The income derived from capital is called—

The income derived from organisation is called—

The expenditure approach formula for GDP is—

In the expenditure approach, net export equals—

Consider the following components of the expenditure approach:

If the GDP calculated in all three approaches is approximately the same, the measurement is considered—

Per capita GDP means—

Per capita GDP is calculated by—

Per capita GDP is an indicator of—

According to the World Bank's new classification, countries are now classified as—

State C has GDP of Tk 6,20,00,000 and population 80,000. Per capita GDP of State C is—

State D has GDP of Tk 4,50,00,000 and population 1,00,000. Per capita GDP of State D is—

How many determinants of GDP are discussed in the chapter?

Which of the following is a determinant of GDP?

Which best describes the role of labour as a determinant of GDP?

Developing and underdeveloped countries cannot increase their total national income mainly due to—

Technology basically—

The use of high-yielding seeds in agriculture in Bangladesh has—

Mobility, as a determinant of GDP, refers to the capacity to—

A Bangladesh-specific example of mobility given in the chapter is—

Consider the following determinants of GDP:

New inventions, improvement of machinery design and invention of new products are examples of development of—

Capital gains and losses are—

The main reason capital gains and losses are excluded from GDP is that—

While calculating national income, intermediate goods and services are—

Intermediate goods are excluded from GDP to avoid—

Which of the following is NOT included in the GDP?

Old houses and old cars in the current year's GDP are—

The exchange of stock, bond or any paper is—

Interest on a public (governmental) debt is—

Income from illegal activities is—

Consider the following items:

Consider the following:

Which government institution is entrusted with the responsibility of estimating the national income of Bangladesh?

Bangladesh Statistics Bureau estimates GDP and GNI using—

For the production approach in Bangladesh, the economy is divided into how many sectors?

Bangladesh's agricultural sector is divided into how many sub-sectors for GDP estimation?

In 2023-2024, the GDP value of the crops and vegetables sub-sector was—

In 2023-2024, the contribution of animal resources sub-sector was—

For forest resources, what percentage of the total production price is deducted before considering it as value added?

Fish resources GDP in Bangladesh is calculated from the perspective of—

In 2023-2024, the contribution of the industry (manufacturing) sector to GDP was—

GDP from electricity, gas and water resources sector is estimated based on—

In 2023-2024, the combined contribution of electricity, gas and water resources was—

In the construction sector, GDP is calculated based on—

For the wholesale and retail selling sector, GDP is estimated by calculating the—

In 2023-2024, the contribution of the hotels and restaurants sector was—

In 2023-2024, the total income of the transport, preservation and communication sector was—

The estimation of financial institutional services sector GDP depends on—

The estimation of real estate, rent and other businesses sector GDP is based on—

GDP from the public administration and defence sector is calculated from—

GDP in the education sector of Bangladesh is estimated from—

The estimation of the health and social services sector uses—

In 2023-2024, the contribution of the community, social, and personal services sector was—

The source of all data for this chapter is—

Consider the following sub-sectors of Bangladesh agriculture:

Which of the following should be deducted from the Gross National Income to obtain Net National Income?

Which of the following is considered in measuring Gross Domestic Product (GDP)?

In recent years, the government has been supporting farmers in adopting mechanical methods of farming and the use of improved seeds, fertilizers and pesticides. Which GDP determining factor is reflected in the passage?

Considering the determinant in the above passage, evaluate the following statements:

What is Net National Income (NNI)?

Which components are considered for calculating national income in the income method?

Shihab is a Bangladeshi citizen working in Bahrain and remits part of his income home. Under which national income concept is his remitted income included?

Mrs. Browny, a British citizen, works in an NGO in Bangladesh and sends money to her home country. Her income—

Are old houses excluded from the current year's GDP calculation?

State C has GDP Tk 6,20,00,000 and population 80,000. State D has GDP Tk 4,50,00,000 and population 1,00,000. Which state has a better standard of living based on per capita GDP?

The problem of double counting in measuring national income can be avoided by—

The full meaning of CCA is—

The full meaning of GDP is—

The full meaning of GNI is—

Indirect tax is deducted from which item to obtain National Income?

Consider the three approaches to measure national income: