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Economics Aggregates related to national income - Market price and factor cost MCQ Questions for Class 12 Commerce

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16 topics
01 Practice Topic Aggregates related to national income - GDP 600 MCQs 02 Practice Topic Aggregates related to national income - GNP 600 MCQs 03 Practice Topic Aggregates related to national income - NDP 600 MCQs 04 Practice Topic Aggregates related to national income - NNP 600 MCQs 05 Practice Topic Circular flow of income: two-sector model 600 MCQs 06 Practice Topic Consumption goods, capital goods, final goods, intermediate goods 600 MCQs 07 Practice Topic GDP and Welfare 600 MCQs 08 Practice Topic GDP Deflator 600 MCQs

Aggregates related to national income - Market price and factor cost Practice Questions

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Question 171/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

निम्न में से कौन सा कथन बाजार मूल्य के बारे में सही है?

Which statement about market price is correct?

Explanation opens after your attempt
Correct Answer

B. इसमें शुद्ध अप्रत्यक्ष कर का प्रभाव शामिल होता हैIt includes the effect of net indirect taxes

Step 1

Concept

Market price includes the combined effect of indirect taxes and subsidies. This is called net indirect taxes.

Step 2

Why this answer is correct

The correct answer is B. इसमें शुद्ध अप्रत्यक्ष कर का प्रभाव शामिल होता है / It includes the effect of net indirect taxes. Market price includes the combined effect of indirect taxes and subsidies. This is called net indirect taxes.

Step 3

Exam Tip

बाजार मूल्य में अप्रत्यक्ष कर और सहायिकी का संयुक्त प्रभाव शामिल होता है। इसे शुद्ध अप्रत्यक्ष कर कहा जाता है।

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Question 172/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

यदि अप्रत्यक्ष कर (120) करोड़ रुपये और सहायिकी (45) करोड़ रुपये है तो शुद्ध अप्रत्यक्ष कर कितना होगा?

If indirect taxes are ₹120 crore and subsidies are ₹45 crore then what are net indirect taxes?

Explanation opens after your attempt
Correct Answer

A. ₹75 करोड़₹75 crore

Step 1

Concept

Net indirect taxes are (120-45=75) crore. Subsidies are subtracted from indirect taxes.

Step 2

Why this answer is correct

The correct answer is A. ₹75 करोड़ / ₹75 crore. Net indirect taxes are (120-45=75) crore. Subsidies are subtracted from indirect taxes.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (120-45=75) करोड़ रुपये है। सहायिकी को अप्रत्यक्ष कर से घटाया जाता है।

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Question 173/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

यदि अप्रत्यक्ष कर (35) करोड़ रुपये और सहायिकी (60) करोड़ रुपये है तो शुद्ध अप्रत्यक्ष कर कितना होगा?

If indirect taxes are ₹35 crore and subsidies are ₹60 crore then what are net indirect taxes?

Explanation opens after your attempt
Correct Answer

C. ऋणात्मक ₹25 करोड़Negative ₹25 crore

Step 1

Concept

Net indirect taxes are (35-60=-25) crore. A negative value indicates higher subsidies.

Step 2

Why this answer is correct

The correct answer is C. ऋणात्मक ₹25 करोड़ / Negative ₹25 crore. Net indirect taxes are (35-60=-25) crore. A negative value indicates higher subsidies.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (35-60=-25) करोड़ रुपये है। ऋणात्मक मान अधिक सहायिकी को दर्शाता है।

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Question 174/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

सकल राष्ट्रीय उत्पाद बाजार मूल्य पर से शुद्ध अप्रत्यक्ष कर घटाने पर क्या प्राप्त होगा?

What is obtained by subtracting net indirect taxes from GNP at market price?

Explanation opens after your attempt
Correct Answer

A. सकल राष्ट्रीय उत्पाद साधन लागत परGNP at factor cost

Step 1

Concept

Subtracting net indirect taxes from market price gives the factor cost form of the same aggregate. Gross and national status remain unchanged.

Step 2

Why this answer is correct

The correct answer is A. सकल राष्ट्रीय उत्पाद साधन लागत पर / GNP at factor cost. Subtracting net indirect taxes from market price gives the factor cost form of the same aggregate. Gross and national status remain unchanged.

Step 3

Exam Tip

बाजार मूल्य से शुद्ध अप्रत्यक्ष कर घटाने पर उसी समष्टि का साधन लागत रूप मिलता है। सकल और राष्ट्रीय स्थिति नहीं बदलती।

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Question 175/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

शुद्ध घरेलू उत्पाद साधन लागत पर में शुद्ध अप्रत्यक्ष कर जोड़ने पर क्या प्राप्त होगा?

What is obtained by adding net indirect taxes to NDP at factor cost?

Explanation opens after your attempt
Correct Answer

B. शुद्ध घरेलू उत्पाद बाजार मूल्य परNDP at market price

Step 1

Concept

Adding net indirect taxes to NDP at factor cost gives NDP at market price. Other characteristics remain unchanged.

Step 2

Why this answer is correct

The correct answer is B. शुद्ध घरेलू उत्पाद बाजार मूल्य पर / NDP at market price. Adding net indirect taxes to NDP at factor cost gives NDP at market price. Other characteristics remain unchanged.

Step 3

Exam Tip

शुद्ध घरेलू उत्पाद साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ने से शुद्ध घरेलू उत्पाद बाजार मूल्य पर मिलता है। अन्य विशेषताएँ समान रहती हैं।

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Question 176/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

बाजार मूल्य से साधन लागत में परिवर्तन करते समय निम्न में से किसे नहीं बदला जाता?

Which characteristic is not changed while converting market price into factor cost?

Explanation opens after your attempt
Correct Answer

A. घरेलू या राष्ट्रीय स्वरूपDomestic or national status

Step 1

Concept

Conversion between market price and factor cost concerns only net indirect taxes. Domestic or national status remains the same.

Step 2

Why this answer is correct

The correct answer is A. घरेलू या राष्ट्रीय स्वरूप / Domestic or national status. Conversion between market price and factor cost concerns only net indirect taxes. Domestic or national status remains the same.

Step 3

Exam Tip

बाजार मूल्य और साधन लागत का रूपांतरण केवल शुद्ध अप्रत्यक्ष कर से संबंधित है। घरेलू या राष्ट्रीय स्वरूप वही रहता है।

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Question 177/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

सकल घरेलू उत्पाद बाजार मूल्य पर (1,500) करोड़ रुपये है। अप्रत्यक्ष कर (180) करोड़ रुपये और सहायिकी (30) करोड़ रुपये है। सकल घरेलू उत्पाद साधन लागत पर कितना होगा?

GDP at market price is ₹1,500 crore. Indirect taxes are ₹180 crore and subsidies are ₹30 crore. What is GDP at factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹1,350 करोड़₹1,350 crore

Step 1

Concept

Net indirect taxes are (180-30=150) and (1500-150=1350). Subtract them from market price.

Step 2

Why this answer is correct

The correct answer is B. ₹1,350 करोड़ / ₹1,350 crore. Net indirect taxes are (180-30=150) and (1500-150=1350). Subtract them from market price.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (180-30=150) है और (1500-150=1350)। बाजार मूल्य से इसे घटाएँ।

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Question 178/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

शुद्ध राष्ट्रीय उत्पाद साधन लागत पर (2,000) करोड़ रुपये है। अप्रत्यक्ष कर (250) करोड़ रुपये और सहायिकी (50) करोड़ रुपये है। शुद्ध राष्ट्रीय उत्पाद बाजार मूल्य पर कितना होगा?

NNP at factor cost is ₹2,000 crore. Indirect taxes are ₹250 crore and subsidies are ₹50 crore. What is NNP at market price?

Explanation opens after your attempt
Correct Answer

C. ₹2,200 करोड़₹2,200 crore

Step 1

Concept

Net indirect taxes are (250-50=200) and (2000+200=2200). Add them to factor cost.

Step 2

Why this answer is correct

The correct answer is C. ₹2,200 करोड़ / ₹2,200 crore. Net indirect taxes are (250-50=200) and (2000+200=2200). Add them to factor cost.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (250-50=200) है और (2000+200=2200)। साधन लागत में इसे जोड़ें।

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Question 179/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

किसी वस्तु की साधन लागत (80) रुपये है और उस पर (12) रुपये का अप्रत्यक्ष कर तथा (5) रुपये की सहायिकी है। उसका बाजार मूल्य कितना होगा?

The factor cost of a good is ₹80 with an indirect tax of ₹12 and a subsidy of ₹5. What is its market price?

Explanation opens after your attempt
Correct Answer

C. ₹87

Step 1

Concept

Net indirect tax is (12-5=7) and market price is (80+7=87). First subtract subsidy from tax.

Step 2

Why this answer is correct

The correct answer is C. ₹87. Net indirect tax is (12-5=7) and market price is (80+7=87). First subtract subsidy from tax.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (12-5=7) रुपये है और बाजार मूल्य (80+7=87) रुपये है। पहले कर से सहायिकी घटाएँ।

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Question 180/600 Medium Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

किसी वस्तु का बाजार मूल्य (150) रुपये है। उस पर अप्रत्यक्ष कर (25) रुपये और सहायिकी (10) रुपये है। उसकी साधन लागत कितनी होगी?

The market price of a good is ₹150. Its indirect tax is ₹25 and subsidy is ₹10. What is its factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹135

Step 1

Concept

Net indirect tax is (25-10=15) and factor cost is (150-15=135). Subtract it from market price.

Step 2

Why this answer is correct

The correct answer is B. ₹135. Net indirect tax is (25-10=15) and factor cost is (150-15=135). Subtract it from market price.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर (25-10=15) रुपये है और साधन लागत (150-15=135) रुपये है। बाजार मूल्य से इसे घटाएँ।

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