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Class 12 Commerce Economics Quiz

Economics MCQ Questions for Class 12

Practice Class 12 Commerce Economics MCQ questions with answers, explanations and level-wise revision. Start from Easy levels and move toward Expert practice when your accuracy improves.

Class 12 Commerce Economics Summary

Class 12 Commerce Economics MCQ questions with answers, chapter wise quiz, topic wise practice, objective questions, exam revision aur answer explanation ke liye ye page banaya gaya hai. Important chapters include National Income and Related Aggregates. Focus topics include Aggregates related to national income - GDP, Aggregates related to national income - GNP, Aggregates related to national income - NNP, Circular flow of income: two-sector model.

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Class 12 Commerce Economics MCQ Questions with Answers

Class 12 Commerce Economics ke liye chapter wise MCQ questions, topic wise practice, objective questions, quiz levels, correct answers aur simple explanations ek hi page par available hain. Students board exam revision, school test preparation, daily practice aur concept clarity ke liye yahan se focused practice start kar sakte hain.

Economics MCQ Class 12 Commerce Economics Questions Chapter Wise Quiz Topic Wise Practice Answers and Explanations Easy to Expert Levels
Chapter Wise MCQ

Economics Chapters for Class 12

Choose a Economics chapter to practice focused MCQs with topic-wise revision, answers and explanations for Class 12 Commerce. Chapters include National Income and Related Aggregates. Topics include Aggregates related to national income - GDP, Aggregates related to national income - GNP, Aggregates related to national income - NNP, Circular flow of income: two-sector model.

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Level Map for Economics MCQ Practice

Select a ready level to practice questions in a clean exam-style flow. Each level keeps the subject, class, difficulty and question count clear for faster revision.

Easy Levels

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1 Level 1 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 2 Level 2 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 3 Level 3 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 4 Level 4 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 5 Level 5 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 6 Level 6 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 7 Level 7 Ready 50/50 Topics in this level Stocks and flows50 Q 8 Level 8 Ready 50/50 Topics in this level Stocks and flows50 Q 9 Level 9 Ready 50/50 Topics in this level Stocks and flows50 Q 10 Level 10 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 11 Level 11 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 12 Level 12 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 13 Level 13 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 14 Level 14 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 15 Level 15 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 16 Level 16 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 17 Level 17 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 18 Level 18 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 19 Level 19 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 20 Level 20 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 21 Level 21 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 22 Level 22 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 23 Level 23 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 24 Level 24 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 25 Level 25 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 26 Level 26 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 27 Level 27 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 28 Level 28 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 29 Level 29 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 30 Level 30 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 31 Level 31 Locked 0/50 32 Level 32 Locked 0/50 33 Level 33 Locked 0/50 34 Level 34 Locked 0/50 35 Level 35 Locked 0/50 36 Level 36 Locked 0/50 37 Level 37 Locked 0/50 38 Level 38 Locked 0/50 39 Level 39 Locked 0/50 40 Level 40 Locked 0/50 41 Level 41 Locked 0/50 42 Level 42 Locked 0/50 43 Level 43 Locked 0/50 44 Level 44 Locked 0/50 45 Level 45 Locked 0/50 46 Level 46 Locked 0/50 47 Level 47 Locked 0/50 48 Level 48 Locked 0/50 49 Level 49 Locked 0/50 50 Level 50 Locked 0/50

Medium Levels

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1 Level 1 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 2 Level 2 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 3 Level 3 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 4 Level 4 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 5 Level 5 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 6 Level 6 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 7 Level 7 Ready 50/50 Topics in this level Stocks and flows50 Q 8 Level 8 Ready 50/50 Topics in this level Stocks and flows50 Q 9 Level 9 Ready 50/50 Topics in this level Stocks and flows50 Q 10 Level 10 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 11 Level 11 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 12 Level 12 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 13 Level 13 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 14 Level 14 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 15 Level 15 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 16 Level 16 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 17 Level 17 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 18 Level 18 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 19 Level 19 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 20 Level 20 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 21 Level 21 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 22 Level 22 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 23 Level 23 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 24 Level 24 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 25 Level 25 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 26 Level 26 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 27 Level 27 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 28 Level 28 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 29 Level 29 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 30 Level 30 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 31 Level 31 Locked 0/50 32 Level 32 Locked 0/50 33 Level 33 Locked 0/50 34 Level 34 Locked 0/50 35 Level 35 Locked 0/50 36 Level 36 Locked 0/50 37 Level 37 Locked 0/50 38 Level 38 Locked 0/50 39 Level 39 Locked 0/50 40 Level 40 Locked 0/50 41 Level 41 Locked 0/50 42 Level 42 Locked 0/50 43 Level 43 Locked 0/50 44 Level 44 Locked 0/50 45 Level 45 Locked 0/50 46 Level 46 Locked 0/50 47 Level 47 Locked 0/50 48 Level 48 Locked 0/50 49 Level 49 Locked 0/50 50 Level 50 Locked 0/50

Hard Levels

Start
1 Level 1 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 2 Level 2 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 3 Level 3 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 4 Level 4 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 5 Level 5 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 6 Level 6 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 7 Level 7 Ready 50/50 Topics in this level Stocks and flows50 Q 8 Level 8 Ready 50/50 Topics in this level Stocks and flows50 Q 9 Level 9 Ready 50/50 Topics in this level Stocks and flows50 Q 10 Level 10 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 11 Level 11 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 12 Level 12 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 13 Level 13 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 14 Level 14 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 15 Level 15 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 16 Level 16 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 17 Level 17 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 18 Level 18 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 19 Level 19 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 20 Level 20 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 21 Level 21 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 22 Level 22 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 23 Level 23 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 24 Level 24 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 25 Level 25 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 26 Level 26 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 27 Level 27 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 28 Level 28 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 29 Level 29 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 30 Level 30 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 31 Level 31 Locked 0/50 32 Level 32 Locked 0/50 33 Level 33 Locked 0/50 34 Level 34 Locked 0/50 35 Level 35 Locked 0/50 36 Level 36 Locked 0/50 37 Level 37 Locked 0/50 38 Level 38 Locked 0/50 39 Level 39 Locked 0/50 40 Level 40 Locked 0/50 41 Level 41 Locked 0/50 42 Level 42 Locked 0/50 43 Level 43 Locked 0/50 44 Level 44 Locked 0/50 45 Level 45 Locked 0/50 46 Level 46 Locked 0/50 47 Level 47 Locked 0/50 48 Level 48 Locked 0/50 49 Level 49 Locked 0/50 50 Level 50 Locked 0/50

Expert Levels

Start
1 Level 1 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 2 Level 2 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 3 Level 3 Ready 50/50 Topics in this level What is Macroeconomics?50 Q 4 Level 4 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 5 Level 5 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 6 Level 6 Ready 50/50 Topics in this level Consumption goods, capital goods, final goods, intermediate goods50 Q 7 Level 7 Ready 50/50 Topics in this level Stocks and flows50 Q 8 Level 8 Ready 50/50 Topics in this level Stocks and flows50 Q 9 Level 9 Ready 50/50 Topics in this level Stocks and flows50 Q 10 Level 10 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 11 Level 11 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 12 Level 12 Ready 50/50 Topics in this level Gross investment and depreciation50 Q 13 Level 13 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 14 Level 14 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 15 Level 15 Ready 50/50 Topics in this level Circular flow of income: two-sector model50 Q 16 Level 16 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 17 Level 17 Ready 50/50 Topics in this level Methods of calculating national income - Value Added/Product Method50 Q 18 Level 18 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 19 Level 19 Ready 50/50 Topics in this level Methods of calculating national income - Expenditure Method50 Q 20 Level 20 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 21 Level 21 Ready 50/50 Topics in this level Methods of calculating national income - Income Method50 Q 22 Level 22 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 23 Level 23 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 24 Level 24 Ready 50/50 Topics in this level Aggregates related to national income - GNP50 Q 25 Level 25 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 26 Level 26 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 27 Level 27 Ready 50/50 Topics in this level Aggregates related to national income - NNP50 Q 28 Level 28 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 29 Level 29 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 30 Level 30 Ready 50/50 Topics in this level Aggregates related to national income - GDP50 Q 31 Level 31 Locked 0/50 32 Level 32 Locked 0/50 33 Level 33 Locked 0/50 34 Level 34 Locked 0/50 35 Level 35 Locked 0/50 36 Level 36 Locked 0/50 37 Level 37 Locked 0/50 38 Level 38 Locked 0/50 39 Level 39 Locked 0/50 40 Level 40 Locked 0/50 41 Level 41 Locked 0/50 42 Level 42 Locked 0/50 43 Level 43 Locked 0/50 44 Level 44 Locked 0/50 45 Level 45 Locked 0/50 46 Level 46 Locked 0/50 47 Level 47 Locked 0/50 48 Level 48 Locked 0/50 49 Level 49 Locked 0/50 50 Level 50 Locked 0/50

Latest Economics Questions

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यदि किसी देश में घरेलू सीमा के भीतर विदेशी कंपनी द्वारा बनाया गया मोबाइल स्थानीय ग्राहकों को बेचा जाता है तो यह जीडीपी में कैसे दर्ज होगा?

If a mobile phone produced within a country's domestic territory by a foreign company is sold to local customers, how will it be recorded in GDP?

Explanation opens after your attempt
Correct Answer

A. घरेलू सीमा में बने अंतिम उत्पादन के रूप मेंAs final output produced within domestic territory

Step 1

Concept

In GDP, place of production matters more than ownership. Therefore domestic production by a foreign company is also included in the country's GDP.

Step 2

Why this answer is correct

The correct answer is A. घरेलू सीमा में बने अंतिम उत्पादन के रूप में / As final output produced within domestic territory. In GDP, place of production matters more than ownership. Therefore domestic production by a foreign company is also included in the country's GDP.

Step 3

Exam Tip

जीडीपी में उत्पादन का स्थान मुख्य होता है स्वामित्व नहीं। इसलिए विदेशी कंपनी का घरेलू उत्पादन भी देश की जीडीपी में शामिल होगा।

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यदि जीडीपी और प्रति व्यक्ति जीडीपी दोनों का विश्लेषण किया जाए तो कौन सा अतिरिक्त लाभ मिलता है?

If both GDP and per capita GDP are analysed, what extra benefit is obtained?

Explanation opens after your attempt
Correct Answer

A. कुल उत्पादन के साथ औसत व्यक्ति स्तर की समझUnderstanding total output along with average person level

Step 1

Concept

GDP shows total output while per capita GDP indicates average level. In exams connect both with welfare carefully.

Step 2

Why this answer is correct

The correct answer is A. कुल उत्पादन के साथ औसत व्यक्ति स्तर की समझ / Understanding total output along with average person level. GDP shows total output while per capita GDP indicates average level. In exams connect both with welfare carefully.

Step 3

Exam Tip

जीडीपी कुल उत्पादन बताती है जबकि प्रति व्यक्ति जीडीपी औसत स्तर का संकेत देती है। परीक्षा में दोनों को कल्याण से सावधानी से जोड़ें।

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किस कथन में जीडीपी की सर्वाधिक सटीक परीक्षा-उपयोगी समझ है?

Which statement gives the most precise exam-useful understanding of GDP?

Explanation opens after your attempt
Correct Answer

A. घरेलू सीमा में एक वर्ष में उत्पादित अंतिम वस्तुओं और सेवाओं का बाजार मूल्यMarket value of final goods and services produced within domestic territory in one year

Step 1

Concept

Domestic territory, final output and market value are essential in the definition of GDP. These terms solve most questions.

Step 2

Why this answer is correct

The correct answer is A. घरेलू सीमा में एक वर्ष में उत्पादित अंतिम वस्तुओं और सेवाओं का बाजार मूल्य / Market value of final goods and services produced within domestic territory in one year. Domestic territory, final output and market value are essential in the definition of GDP. These terms solve most questions.

Step 3

Exam Tip

जीडीपी की परिभाषा में घरेलू सीमा अंतिम उत्पादन और बाजार मूल्य अनिवार्य हैं। इन्हीं शब्दों से अधिकांश प्रश्न हल होते हैं।

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यदि किसी देश में अधिक काम के घंटे से जीडीपी बढ़ती है लेकिन खाली समय घटता है तो जीडीपी की कौन सी सीमा दिखती है?

If GDP rises due to longer working hours but leisure decreases, which limitation of GDP is shown?

Explanation opens after your attempt
Correct Answer

A. खाली समय और जीवन गुणवत्ता की अनदेखीIgnoring leisure and quality of life

Step 1

Concept

GDP shows higher output but not the loss of leisure. Quality of life is also important for welfare.

Step 2

Why this answer is correct

The correct answer is A. खाली समय और जीवन गुणवत्ता की अनदेखी / Ignoring leisure and quality of life. GDP shows higher output but not the loss of leisure. Quality of life is also important for welfare.

Step 3

Exam Tip

जीडीपी उत्पादन बढ़ने को दिखाती है लेकिन कम अवकाश का नुकसान नहीं दिखाती। कल्याण के लिए जीवन गुणवत्ता भी जरूरी है।

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यदि (Real\ GDP=3200) और (GDP\ Deflator=125) है तो (Nominal\ GDP) कितना होगा?

If (Real\ GDP=3200) and (GDP\ Deflator=125), what is (Nominal\ GDP)?

Explanation opens after your attempt
Correct Answer

C. 4000

Step 1

Concept

The formula is \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\). So \(Nominal\ GDP=\frac{125\times3200}{100}=4000\).

Step 2

Why this answer is correct

The correct answer is C. 4000. The formula is \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\). So \(Nominal\ GDP=\frac{125\times3200}{100}=4000\).

Step 3

Exam Tip

सूत्र \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\) है। इसलिए \(Nominal\ GDP=\frac{125\times3200}{100}=4000\) है।

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यदि किसी कंपनी ने इस वर्ष नया सॉफ्टवेयर बनाया और लाइसेंस बेचा तो यह जीडीपी में कैसे शामिल होगा?

If a company develops new software this year and sells licenses, how will it be included in GDP?

Explanation opens after your attempt
Correct Answer

A. चालू सेवा या अमूर्त उत्पादन के रूप मेंAs current service or intangible output

Step 1

Concept

New software is current year production. GDP can include services and intangible output along with physical goods.

Step 2

Why this answer is correct

The correct answer is A. चालू सेवा या अमूर्त उत्पादन के रूप में / As current service or intangible output. New software is current year production. GDP can include services and intangible output along with physical goods.

Step 3

Exam Tip

नया सॉफ्टवेयर चालू वर्ष का उत्पादन है। जीडीपी में भौतिक वस्तुओं के साथ सेवाएं और अमूर्त उत्पादन भी आ सकते हैं।

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किस वस्तु को उसके उपयोग के आधार पर कभी अंतिम और कभी मध्यवर्ती माना जा सकता है?

Which good can be final or intermediate depending on its use?

Explanation opens after your attempt
Correct Answer

A. चीनीSugar

Step 1

Concept

Sugar is a final good when used at home and an intermediate good when used to make sweets. Use is the basis of classification.

Step 2

Why this answer is correct

The correct answer is A. चीनी / Sugar. Sugar is a final good when used at home and an intermediate good when used to make sweets. Use is the basis of classification.

Step 3

Exam Tip

चीनी घर में उपयोग हो तो अंतिम वस्तु है और मिठाई बनाने में उपयोग हो तो मध्यवर्ती वस्तु है। उपयोग वर्गीकरण का आधार है।

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यदि किसी देश में \(NDP_{MP}=3100\) और मूल्यह्रास 500 है तो \(GDP_{MP}\) कितना होगा?

If a country's \(NDP_{MP}=3100\) and depreciation is 500, what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. 3600

Step 1

Concept

\(GDP_{MP}=NDP_{MP}+Depreciation\). Therefore (3100+500=3600).

Step 2

Why this answer is correct

The correct answer is C. 3600. \(GDP_{MP}=NDP_{MP}+Depreciation\). Therefore (3100+500=3600).

Step 3

Exam Tip

\(GDP_{MP}=NDP_{MP}+Depreciation\) होता है। इसलिए (3100+500=3600) है।

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यदि सरकार किसी गरीब परिवार को नकद सहायता देती है तो यह जीडीपी में सीधे क्यों नहीं जोड़ी जाती?

If the government gives cash assistance to a poor household, why is it not directly added to GDP?

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Correct Answer

A. क्योंकि यह उत्पादन के बदले भुगतान नहीं हैBecause it is not payment for production

Step 1

Concept

Cash assistance is a transfer payment. GDP counts income or expenditure against current production.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह उत्पादन के बदले भुगतान नहीं है / Because it is not payment for production. Cash assistance is a transfer payment. GDP counts income or expenditure against current production.

Step 3

Exam Tip

नकद सहायता हस्तांतरण भुगतान है। जीडीपी चालू उत्पादन के बदले आय या व्यय को गिनती है।

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किस विकल्प में जीडीपी के व्यय घटक सही क्रम में दिए गए हैं?

Which option gives the expenditure components of GDP correctly?

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Correct Answer

A. उपभोग निवेश सरकारी व्यय शुद्ध निर्यातConsumption investment government expenditure net exports

Step 1

Concept

Expenditure method includes final consumption, investment, government expenditure and net exports. Income components relate to another method.

Step 2

Why this answer is correct

The correct answer is A. उपभोग निवेश सरकारी व्यय शुद्ध निर्यात / Consumption investment government expenditure net exports. Expenditure method includes final consumption, investment, government expenditure and net exports. Income components relate to another method.

Step 3

Exam Tip

व्यय विधि में अंतिम उपभोग निवेश सरकारी व्यय और शुद्ध निर्यात आते हैं। आय घटक अलग विधि से जुड़े हैं।

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यदि घरेलू सीमा में कार्यरत विदेशी मजदूर को वेतन दिया गया तो वह किस देश की जीडीपी से जुड़ा होगा?

If a foreign worker employed within domestic territory is paid wages, it is linked to which country's GDP?

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Correct Answer

A. जहां उत्पादन हुआ उस देश की जीडीपीGDP of the country where production occurred

Step 1

Concept

GDP is linked to place of production. Income generated by work within domestic territory is part of that country's GDP.

Step 2

Why this answer is correct

The correct answer is A. जहां उत्पादन हुआ उस देश की जीडीपी / GDP of the country where production occurred. GDP is linked to place of production. Income generated by work within domestic territory is part of that country's GDP.

Step 3

Exam Tip

जीडीपी उत्पादन के स्थान से जुड़ी है। घरेलू सीमा में काम से बनी आय उसी देश की जीडीपी का हिस्सा है।

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यदि उत्पादक ने कच्चे माल पर 600 खर्च किया और तैयार वस्तु 1000 में बेची तो मूल्य वर्धन कितना होगा?

If a producer spends 600 on raw material and sells the finished good for 1000, what is value added?

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Correct Answer

A. 400

Step 1

Concept

Value added is output value minus intermediate consumption. The calculation is (1000-600=400).

Step 2

Why this answer is correct

The correct answer is A. 400. Value added is output value minus intermediate consumption. The calculation is (1000-600=400).

Step 3

Exam Tip

मूल्य वर्धन उत्पादन मूल्य में से मध्यवर्ती उपभोग घटाकर मिलता है। गणना (1000-600=400) है।

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FAQs

Class 12 Commerce Economics FAQs

How many Economics questions are in each level?

Each ready level is designed for 50 active questions for the selected class, subject and difficulty.

Which difficulty levels are available for Economics?

Students can practice Easy, Medium, Hard and Expert levels according to their preparation stage.

Are answers and explanations available?

Yes, question pages include answer reveal, correct option, explanation, related questions and share options.