Indira Gandhi National Open University (IGNOU) 2007 B.A Economics NATIONAL INGOME ACCOUNTING - Question Paper

part A
. (Long ans Questions)
. An: wer any 2 ques. from this part. 2x20:40
L. Why is it important to constnrct National Income
Accounts ? what are.
2. What do you understand by economic activity ? explain its
different categories and the relation among those categories.
3. Why do , we classify economic transactions and
transactors ? Briefly explain the classifications relating to
t$€s of final outPut.
4. What is social development ? What arethe different indicators
. of social development ? explain briefly'
(
P.T.O, one EEC- one 0
part B
(Medium-length ans Questi'ons)
ans any 3 ques. from fhis part. 3x70:30
5. What is environment accounting ? elaborate the varircus
approaches to environment accounting ?
6. How will you estimate the contribution of services to
GDP ? discuss.
7 . elaborate the different sources of data for national income in
the primary and tertiary sector of India ?
8. Briefly discuss the 'five-account system' of national income
accounting. elaborate its salient features ?
9. What is depreciation ? How do you take it into account in
estirnation of national income ?
EEC- one 0
sEcnoN c
(Short ans Questions)
ans alt ques. f,rom this part os directe'd.,
10. describe any 5 of the subsequent :
(il factor income
(ii) per capita income
(iii) open economy
(iv) consumption
(v) consumer non-durables
{vi) household sector
(vii) GNP
5x2=70
11. Distinguish ranging from any twoof the subsequent : 2x5:70
(ii) Capital finance account and External transaction
account
(iii) Gross value added and Gross trading income
tiv) Hurnan Poverty Index (HPI) and Capability Poverty
Measure (CPM)
EEC-10 P.T.O".
12. State whether the subsequent are actual or false : 5x2:70
(il Gender empowerment measure shows whether
men and women are able to actively participate in
economic and political life.
(iil Social Development Index (SDI) was constructed by
UNRISD in L975.
(iii)
Hffffi#,:::
economic werfare of the
(iv) Balance Sheet is a statement showing balance of
assets and liabilities of an organisation.
(v) Satellite accounts are the identical as environmental
accounts.

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