In the expenditure method of GDP estimation, which of the following is included? MCQ with Answer and Explanation

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In the expenditure method of GDP estimation, which of the following is included?

A. Transfer payments

B. Sale of old shares

C. Intermediate consumption

D. Final consumption expenditure

Answer: Option D

Solution (By JKSSB Mock Tests)

The expenditure method includes final consumption expenditure, investment, government expenditure and net exports.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on biscuits is:

A. 28%

B. 18%

C. 12%

D. 5%

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Correct Answer: Option B

Explanation:
Biscuits generally attract 18% GST, with some low-value variants at 12% or 5%.

This question belongs to: Economy GK Economy Set 1

Question #2

Gross National Product at market prices equals GDP at market prices:

A. plus net factor income from abroad

B. minus depreciation

C. minus net factor income from abroad

D. plus depreciation

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Correct Answer: Option A

Explanation:
GNP = GDP + net factor income from abroad.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Green Bonds' refers to:

A. Only conventional government bonds

B. Only high-yield corporate bonds

C. Only short-term money-market instruments

D. Debt instruments whose proceeds are earmarked for environmentally beneficial projects

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Correct Answer: Option D

Explanation:
Green bonds are fixed-income securities issued to raise capital specifically for projects that have positive environmental or climate benefits, with proceeds tracked and reported accordingly.

This question belongs to: Economy GK Economy Set 1

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