Question : Accounting of National Income at constant prices is known as____________.
Option 1: Money income
Option 2: Current income
Option 3: Domestic income
Option 4: Real income
New: SSC Stenographer Application Form 2024 Released
Don't Miss: Month-wise current affairs
Suggested: Upcoming government exams
Correct Answer: Real income
Solution : The correct answer is Real income.
Accounting of National income at constant prices is known as Real income. It is known as real income because National income at constant prices is a true measure of the purchasing power of the people. If the National income at constant prices increases, it means that the purchasing power of the people has gone up.
Application | Eligibility | Dates | FAQs
Question : The best index of economic development is provided by
Question : As of 2019, national income estimates in India are prepared by:
Question : Which of the following is the wild habitat of pygmy hogs?
Question : The heating of a coil is proportional to the nth power of the time of flow of current through it, where n is equal to:
Question : The interest rate at which a nation's central bank lends money to domestic banks often in the form of very short-term loans - is referred to as:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile