Class 12 Economics - National Income and Related Aggregates - GDP and Welfare Expert Quiz

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व्यय विधि में \(GDP_{MP}\) की गणना करते समय स्व-उपभोग के लिए रखे गए उत्पादन का मूल्य कैसे शामिल किया जाना चाहिए?

How should the value of output retained for self-consumption be included while calculating \(GDP_{MP}\) by the expenditure method?

Explanation opens after your attempt
Correct Answer

A. इसे अनुमानित बाजार मूल्य पर अंतिम व्यय में शामिल किया जाएगाIt will be included in final expenditure at imputed market value

Step 1

Concept

Output for self-consumption is also current year final output. In exams remember imputed value of final goods not sold in market.

Step 2

Why this answer is correct

The correct answer is A. इसे अनुमानित बाजार मूल्य पर अंतिम व्यय में शामिल किया जाएगा / It will be included in final expenditure at imputed market value. Output for self-consumption is also current year final output. In exams remember imputed value of final goods not sold in market.

Step 3

Exam Tip

स्व-उपभोग का उत्पादन भी चालू वर्ष का अंतिम उत्पादन है। परीक्षा में बाजार में न बिकने वाली अंतिम वस्तु का अनुमानित मूल्य याद रखें।

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यदि (PFCE=1200), (GFCE=350), (GFCF=500), स्टॉक परिवर्तन (=-40), निर्यात (=260), आयात (=310) हैं तो \(GDP_{MP}\) कितना होगा?

If (PFCE=1200), (GFCE=350), (GFCF=500), change in stock (=-40), exports (=260), imports (=310), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 1910

Step 1

Concept

(GCF=500-40=460) and (NX=260-310=-50). Thus \(GDP_{MP}=1200+350+460-50=1960\), so careful option checking is essential.

Step 2

Why this answer is correct

The correct answer is A. 1910. (GCF=500-40=460) and (NX=260-310=-50). Thus \(GDP_{MP}=1200+350+460-50=1960\), so careful option checking is essential.

Step 3

Exam Tip

(GCF=500-40=460) और (NX=260-310=-50) है। इसलिए \(GDP_{MP}=1200+350+460-50=1960\) नहीं बल्कि सही विकल्प की जांच जरूरी है।

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व्यय विधि में \(GDP_{MP}\) से राष्ट्रीय आय \(NNP_{FC}\) प्राप्त करने का सही समायोजन कौन-सा है?

Which is the correct adjustment to obtain national income \(NNP_{FC}\) from \(GDP_{MP}\) in the expenditure method?

Explanation opens after your attempt
Correct Answer

B. \(GDP_{MP}-Depreciation-NIT+NFIA\)

Step 1

Concept

To get national income \(NNP_{FC}\), gross is converted to net and market price to factor cost. Then (NFIA) is added to convert domestic into national.

Step 2

Why this answer is correct

The correct answer is B. \(GDP_{MP}-Depreciation-NIT+NFIA\). To get national income \(NNP_{FC}\), gross is converted to net and market price to factor cost. Then (NFIA) is added to convert domestic into national.

Step 3

Exam Tip

राष्ट्रीय आय \(NNP_{FC}\) पाने के लिए सकल से शुद्ध और बाजार मूल्य से कारक लागत में बदला जाता है। फिर घरेलू से राष्ट्रीय के लिए (NFIA) जोड़ा जाता है।

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यदि \(GDP_{MP}=5000\), मूल्यह्रास (=300), शुद्ध अप्रत्यक्ष कर (=450), और (NFIA=-150) है तो राष्ट्रीय आय कितनी होगी?

If \(GDP_{MP}=5000\), depreciation (=300), net indirect taxes (=450), and (NFIA=-150), what is national income?

Explanation opens after your attempt
Correct Answer

A. 4100

Step 1

Concept

\(NNP_{FC}=5000-300-450-150=4100\). Adding negative (NFIA) means subtracting it.

Step 2

Why this answer is correct

The correct answer is A. 4100. \(NNP_{FC}=5000-300-450-150=4100\). Adding negative (NFIA) means subtracting it.

Step 3

Exam Tip

\(NNP_{FC}=5000-300-450-150=4100\) होगा। ऋणात्मक (NFIA) को जोड़ने का अर्थ उसे घटाना है।

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यदि उपभोक्ता द्वारा आयातित वस्तु की खरीद (PFCE) में शामिल हो गई है तो GDP को सही रखने के लिए क्या किया जाता है?

If purchase of an imported good by a consumer is included in (PFCE), what is done to keep GDP correct?

Explanation opens after your attempt
Correct Answer

B. उतनी राशि आयात के रूप में घटाई जाती हैThe same amount is subtracted as imports

Step 1

Concept

An imported good is foreign production and should not remain in GDP. Subtracting imports leaves only domestic production.

Step 2

Why this answer is correct

The correct answer is B. उतनी राशि आयात के रूप में घटाई जाती है / The same amount is subtracted as imports. An imported good is foreign production and should not remain in GDP. Subtracting imports leaves only domestic production.

Step 3

Exam Tip

आयातित वस्तु विदेशी उत्पादन है इसलिए GDP में नहीं रहनी चाहिए। आयात घटाने से केवल घरेलू उत्पादन बचता है।

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व्यय विधि में घरेलू सीमा के भीतर विदेशी स्वामित्व वाली कंपनी का उत्पादन क्यों शामिल किया जाता है?

Why is output of a foreign-owned company within domestic territory included in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि GDP स्वामित्व के बजाय घरेलू सीमा पर आधारित हैBecause GDP is based on domestic territory rather than ownership

Step 1

Concept

GDP counts production within domestic territory. Foreign ownership does not exclude it from GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि GDP स्वामित्व के बजाय घरेलू सीमा पर आधारित है / Because GDP is based on domestic territory rather than ownership. GDP counts production within domestic territory. Foreign ownership does not exclude it from GDP.

Step 3

Exam Tip

GDP घरेलू क्षेत्र में हुए उत्पादन को गिनता है। स्वामित्व विदेशी होने से वह GDP से बाहर नहीं होता।

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व्यय विधि में भारतीय कंपनी द्वारा विदेश में उत्पादित वस्तु भारत के GDP में क्यों शामिल नहीं होती?

Why is a good produced abroad by an Indian company not included in India’s GDP in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि उत्पादन भारत की घरेलू सीमा के बाहर हुआ हैBecause production occurred outside India’s domestic territory

Step 1

Concept

GDP is based on domestic territory not company nationality. Production abroad is not included in India’s GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उत्पादन भारत की घरेलू सीमा के बाहर हुआ है / Because production occurred outside India’s domestic territory. GDP is based on domestic territory not company nationality. Production abroad is not included in India’s GDP.

Step 3

Exam Tip

GDP का आधार घरेलू सीमा है न कि कंपनी की राष्ट्रीयता। विदेश में उत्पादन भारत के GDP में शामिल नहीं होगा।

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यदि (PFCE=2000), (GFCE=600), (GCF=900), आयात (=500), और \(GDP_{MP}=3300\) है तो निर्यात कितना होगा?

If (PFCE=2000), (GFCE=600), (GCF=900), imports (=500), and \(GDP_{MP}=3300\), what are exports?

Explanation opens after your attempt
Correct Answer

B. 300

Step 1

Concept

\(GDP_{MP}=PFCE+GFCE+GCF+Exports-Imports\). (3300=2000+600+900+X-500), so (X=300).

Step 2

Why this answer is correct

The correct answer is B. 300. \(GDP_{MP}=PFCE+GFCE+GCF+Exports-Imports\). (3300=2000+600+900+X-500), so (X=300).

Step 3

Exam Tip

\(GDP_{MP}=PFCE+GFCE+GCF+Exports-Imports\) है। (3300=2000+600+900+X-500), इसलिए (X=300)।

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यदि \(GDP_{MP}=4200\), (NFIA=100), मूल्यह्रास (=250), और (NIT=350) है तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{MP}=4200\), (NFIA=100), depreciation (=250), and (NIT=350), what will be \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

B. 3700

Step 1

Concept

\(NNP_{FC}=4200-250-350+100=3700\). Order does not change the answer but signs must be correct.

Step 2

Why this answer is correct

The correct answer is B. 3700. \(NNP_{FC}=4200-250-350+100=3700\). Order does not change the answer but signs must be correct.

Step 3

Exam Tip

\(NNP_{FC}=4200-250-350+100=3700\) है। क्रम बदलने से उत्तर नहीं बदलता पर संकेत सही रखने चाहिए।

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यदि निर्यात (=480), आयात (=620), (PFCE=2100), (GFCE=500), (GCF=700), तो \(GDP_{MP}\) कितना है?

If exports (=480), imports (=620), (PFCE=2100), (GFCE=500), (GCF=700), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

B. 3160

Step 1

Concept

(NX=480-620=-140). Therefore \(GDP_{MP}=2100+500+700-140=3160\).

Step 2

Why this answer is correct

The correct answer is B. 3160. (NX=480-620=-140). Therefore \(GDP_{MP}=2100+500+700-140=3160\).

Step 3

Exam Tip

(NX=480-620=-140) है। इसलिए \(GDP_{MP}=2100+500+700-140=3160\) होगा।

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व्यय विधि में \(GDP_{MP}\) के घटकों में (NFIA) क्यों सीधे शामिल नहीं होता?

Why is (NFIA) not directly included in the components of \(GDP_{MP}\) in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि \(GDP_{MP}\) घरेलू उत्पादन पर आधारित है राष्ट्रीय आय पर नहींBecause \(GDP_{MP}\) is based on domestic production not national income

Step 1

Concept

\(GDP_{MP}\) measures production within domestic territory. (NFIA) is used to convert domestic product into national product.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि \(GDP_{MP}\) घरेलू उत्पादन पर आधारित है राष्ट्रीय आय पर नहीं / Because \(GDP_{MP}\) is based on domestic production not national income. \(GDP_{MP}\) measures production within domestic territory. (NFIA) is used to convert domestic product into national product.

Step 3

Exam Tip

\(GDP_{MP}\) घरेलू सीमा में उत्पादन का माप है। (NFIA) का उपयोग घरेलू उत्पाद को राष्ट्रीय उत्पाद में बदलने के लिए होता है।

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यदि \(NDP_{FC}=1800\), मूल्यह्रास (=120), और (NIT=80) है तो \(GDP_{MP}\) कितना होगा?

If \(NDP_{FC}=1800\), depreciation (=120), and (NIT=80), what will be \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. 2000

Step 1

Concept

\(GDP_{MP}=NDP_{FC}+Depreciation+NIT\). Therefore (1800+120+80=2000).

Step 2

Why this answer is correct

The correct answer is C. 2000. \(GDP_{MP}=NDP_{FC}+Depreciation+NIT\). Therefore (1800+120+80=2000).

Step 3

Exam Tip

\(GDP_{MP}=NDP_{FC}+Depreciation+NIT\) है। इसलिए (1800+120+80=2000) होगा।

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व्यय विधि में कौन-सा कथन \(GDP_{MP}\) की प्रकृति को सबसे सही बताता है?

Which statement best describes the nature of \(GDP_{MP}\) in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. यह घरेलू सीमा में उत्पादित अंतिम वस्तुओं और सेवाओं पर बाजार मूल्य पर कुल अंतिम व्यय हैIt is total final expenditure at market price on final goods and services produced within domestic territory

Step 1

Concept

\(GDP_{MP}\) is a domestic product and market price concept. It includes final expenditure not intermediate expenditure.

Step 2

Why this answer is correct

The correct answer is A. यह घरेलू सीमा में उत्पादित अंतिम वस्तुओं और सेवाओं पर बाजार मूल्य पर कुल अंतिम व्यय है / It is total final expenditure at market price on final goods and services produced within domestic territory. \(GDP_{MP}\) is a domestic product and market price concept. It includes final expenditure not intermediate expenditure.

Step 3

Exam Tip

\(GDP_{MP}\) घरेलू उत्पादन और बाजार मूल्य की अवधारणा है। इसमें अंतिम व्यय शामिल होता है मध्यवर्ती व्यय नहीं।

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यदि \(GDP_{MP}=3000\), \(NDP_{FC}=2600\), और मूल्यह्रास (=150) है तो (NIT) कितना होगा?

If \(GDP_{MP}=3000\), \(NDP_{FC}=2600\), and depreciation (=150), what is (NIT)?

Explanation opens after your attempt
Correct Answer

C. 250

Step 1

Concept

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). (2600=3000-150-NIT), so (NIT=250).

Step 2

Why this answer is correct

The correct answer is C. 250. \(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). (2600=3000-150-NIT), so (NIT=250).

Step 3

Exam Tip

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\) है। (2600=3000-150-NIT), इसलिए (NIT=250)।

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