Class 12 Economics - National Income and Related Aggregates - GDP Deflator Hard Quiz

Level 30 • 50/50 questions • 30 seconds per question.

Level readiness 50/50 Questions
Time Left 25:00 30 sec/question
RewardsCoins + XP
ModeClassic Quiz
Share
Question 1 / 50 0 score
Answered 0/50 Correct 0 Time 25:00

यदि घरेलू सीमा में स्थित एक विदेशी कंपनी भारत में मोबाइल बनाती है, तो उसके उत्पादन का मूल्य भारत की GDP में क्यों शामिल होगा?

If a foreign company located within domestic territory produces mobiles in India, why will its output value be included in India's GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि उत्पादन भारत की घरेलू सीमा में हुआ हैBecause production occurred within India's domestic territory

Step 1

Concept

GDP measures production within domestic territory. In exams, see place of production, not ownership.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उत्पादन भारत की घरेलू सीमा में हुआ है / Because production occurred within India's domestic territory. GDP measures production within domestic territory. In exams, see place of production, not ownership.

Step 3

Exam Tip

GDP घरेलू सीमा में हुए उत्पादन को मापती है। परीक्षा में ownership नहीं बल्कि place of production देखें।

Open Question Page
Ask Friends

यदि \(GDP_{MP}=12500\), अप्रत्यक्ष कर (1000) और सब्सिडी (350) है, तो \(GDP_{FC}\) कितना होगा?

If \(GDP_{MP}=12500\), indirect taxes are (1000), and subsidies are (350), what is \(GDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. 11850

Step 1

Concept

NIT is (1000-350=650), and \(GDP_{FC}=12500-650=11850\). In exams, subtract NIT while moving from market price to factor cost.

Step 2

Why this answer is correct

The correct answer is A. 11850. NIT is (1000-350=650), and \(GDP_{FC}=12500-650=11850\). In exams, subtract NIT while moving from market price to factor cost.

Step 3

Exam Tip

NIT (1000-350=650) है और \(GDP_{FC}=12500-650=11850\)। परीक्षा में market price से factor cost में जाते समय NIT घटाएं।

Open Question Page
Ask Friends

GDP में किसे final service माना जाएगा?

Which will be treated as a final service in GDP?

Explanation opens after your attempt
Correct Answer

B. परिवार द्वारा शुल्क देकर ली गई legal adviceLegal advice bought by a household for a fee

Step 1

Concept

Paid legal service bought by a household for final use is included in GDP. In exams, treat final consumer services as included.

Step 2

Why this answer is correct

The correct answer is B. परिवार द्वारा शुल्क देकर ली गई legal advice / Legal advice bought by a household for a fee. Paid legal service bought by a household for final use is included in GDP. In exams, treat final consumer services as included.

Step 3

Exam Tip

परिवार द्वारा final use के लिए खरीदी गई paid legal service GDP में शामिल होती है। परीक्षा में final consumer service को शामिल मानें।

Open Question Page
Ask Friends

किस स्थिति में गेहूं GDP में मध्यवर्ती वस्तु माना जाएगा?

In which situation will wheat be treated as an intermediate good in GDP?

Explanation opens after your attempt
Correct Answer

B. आटा मिल द्वारा आटा बनाने के लिए खरीदा गयाBought by a flour mill to make flour

Step 1

Concept

Wheat is an input for further production when used to make flour. In exams, decide final or intermediate by the use of the good.

Step 2

Why this answer is correct

The correct answer is B. आटा मिल द्वारा आटा बनाने के लिए खरीदा गया / Bought by a flour mill to make flour. Wheat is an input for further production when used to make flour. In exams, decide final or intermediate by the use of the good.

Step 3

Exam Tip

आटा बनाने में गेहूं आगे उत्पादन के लिए input है। परीक्षा में वस्तु का उपयोग देखकर final या intermediate तय करें।

Open Question Page
Ask Friends

GDP में दोहरी गणना से बचने के लिए value added method किसे जोड़ता है?

To avoid double counting in GDP, what does the value added method add?

Explanation opens after your attempt
Correct Answer

B. प्रत्येक उत्पादन चरण का केवल value addedOnly value added at each production stage

Step 1

Concept

The value added method adds output minus intermediate consumption. In exams, it prevents repeated counting.

Step 2

Why this answer is correct

The correct answer is B. प्रत्येक उत्पादन चरण का केवल value added / Only value added at each production stage. The value added method adds output minus intermediate consumption. In exams, it prevents repeated counting.

Step 3

Exam Tip

Value added method output से intermediate consumption घटाकर जोड़ता है। परीक्षा में इससे repeated counting रुकती है।

Open Question Page
Ask Friends

यदि (Nominal\ GDP=18000) और (GDP\ Deflator=120), तो (Real\ GDP) कितना होगा?

If (Nominal\ GDP=18000) and (GDP\ Deflator=120), what is (Real\ GDP)?

Explanation opens after your attempt
Correct Answer

B. 15000

Step 1

Concept

\(Real\ GDP=\frac{18000}{120}\times100=15000\). In exams, use the deflator on base 100.

Step 2

Why this answer is correct

The correct answer is B. 15000. \(Real\ GDP=\frac{18000}{120}\times100=15000\). In exams, use the deflator on base 100.

Step 3

Exam Tip

\(Real\ GDP=\frac{18000}{120}\times100=15000\)। परीक्षा में deflator को 100 आधार पर प्रयोग करें।

Open Question Page
Ask Friends

GDP में मुफ्त घरेलू काम को शामिल न करने से कौन-सी सीमा दिखाई देती है?

Which limitation is shown by not including unpaid household work in GDP?

Explanation opens after your attempt
Correct Answer

B. GDP non-market productive services को पूरा नहीं मापतीGDP does not fully measure non-market productive services

Step 1

Concept

Unpaid household services are useful but not market transactions. In exams, treat unpaid work as a GDP limitation.

Step 2

Why this answer is correct

The correct answer is B. GDP non-market productive services को पूरा नहीं मापती / GDP does not fully measure non-market productive services. Unpaid household services are useful but not market transactions. In exams, treat unpaid work as a GDP limitation.

Step 3

Exam Tip

मुफ्त घरेलू सेवाएं उपयोगी होती हैं लेकिन बाजार लेन-देन नहीं होतीं। परीक्षा में unpaid work को GDP limitation मानें।

Open Question Page
Ask Friends

यदि किसी अर्थव्यवस्था में (C=7000), (I=2500), (G=1800), (X=1200) और (M=1600), तो GDP कितना होगा?

If an economy has (C=7000), (I=2500), (G=1800), (X=1200), and (M=1600), what is GDP?

Explanation opens after your attempt
Correct Answer

C. 10900

Step 1

Concept

(GDP=7000+2500+1800+(1200-1600)=10900). In exams, treat negative net exports like a subtraction.

Step 2

Why this answer is correct

The correct answer is C. 10900. (GDP=7000+2500+1800+(1200-1600)=10900). In exams, treat negative net exports like a subtraction.

Step 3

Exam Tip

(GDP=7000+2500+1800+(1200-1600)=10900)। परीक्षा में net exports negative होने पर उसे घटाव की तरह लें।

Open Question Page
Ask Friends

GDP में सरकार द्वारा दी गई फसल सब्सिडी को सीधे output value में क्यों नहीं जोड़ा जाता?

Why is crop subsidy given by the government not directly added to output value in GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि subsidy उत्पादन के बदले खरीदी गई final good नहीं हैBecause subsidy is not a final good purchased against production

Step 1

Concept

Subsidy comes in the adjustment between market price and factor cost. In exams, subsidy is deducted in NIT.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि subsidy उत्पादन के बदले खरीदी गई final good नहीं है / Because subsidy is not a final good purchased against production. Subsidy comes in the adjustment between market price and factor cost. In exams, subsidy is deducted in NIT.

Step 3

Exam Tip

Subsidy market price और factor cost के adjustment में आती है। परीक्षा में subsidy को NIT में घटाते हैं।

Open Question Page
Ask Friends

किस विकल्प में GDP में शामिल होने वाला वर्तमान उत्पादन है?

Which option is current production included in GDP?

Explanation opens after your attempt
Correct Answer

B. इस वर्ष उत्पादित और बेची गई नई मशीनA new machine produced and sold this year

Step 1

Concept

A new machine is a current year final capital good. In exams, separate the current production rule from resale.

Step 2

Why this answer is correct

The correct answer is B. इस वर्ष उत्पादित और बेची गई नई मशीन / A new machine produced and sold this year. A new machine is a current year final capital good. In exams, separate the current production rule from resale.

Step 3

Exam Tip

नई मशीन चालू वर्ष की capital final good है। परीक्षा में current production rule को resale से अलग रखें।

Open Question Page
Ask Friends

GDP में foreign tourist द्वारा भारत में खरीदा गया हस्तशिल्प कैसे माना जाएगा?

How will handicraft bought by a foreign tourist in India be treated in GDP?

Explanation opens after your attempt
Correct Answer

A. भारत की GDP में शामिल होगाIt will be included in India's GDP

Step 1

Concept

The handicraft is a final good produced within India's domestic territory. In exams, do not get confused by the buyer's nationality.

Step 2

Why this answer is correct

The correct answer is A. भारत की GDP में शामिल होगा / It will be included in India's GDP. The handicraft is a final good produced within India's domestic territory. In exams, do not get confused by the buyer's nationality.

Step 3

Exam Tip

हस्तशिल्प भारत की घरेलू सीमा में उत्पादित final good है। परीक्षा में buyer की nationality से भ्रमित न हों।

Open Question Page
Ask Friends

यदि GDP growth केवल हथियार उत्पादन में वृद्धि से हो, तो welfare के बारे में कौन-सा निष्कर्ष उचित है?

If GDP growth comes only from increased weapon production, which conclusion about welfare is appropriate?

Explanation opens after your attempt
Correct Answer

B. कल्याण का निष्कर्ष सावधानी से निकालना चाहिएWelfare should be concluded cautiously

Step 1

Concept

GDP shows output but not fully social priorities and security costs. In exams, distinguish GDP growth from welfare.

Step 2

Why this answer is correct

The correct answer is B. कल्याण का निष्कर्ष सावधानी से निकालना चाहिए / Welfare should be concluded cautiously. GDP shows output but not fully social priorities and security costs. In exams, distinguish GDP growth from welfare.

Step 3

Exam Tip

GDP output दिखाती है पर सामाजिक प्राथमिकताओं और सुरक्षा लागत को पूर्णतः नहीं बताती। परीक्षा में GDP growth और welfare को अलग समझें।

Open Question Page
Ask Friends

यदि output value (6400) और intermediate consumption (2600) है, तो value added कितना होगा?

If output value is (6400) and intermediate consumption is (2600), what is value added?

Explanation opens after your attempt
Correct Answer

B. 3800

Step 1

Concept

Value added is (6400-2600=3800). In exams, subtracting intermediate consumption is essential.

Step 2

Why this answer is correct

The correct answer is B. 3800. Value added is (6400-2600=3800). In exams, subtracting intermediate consumption is essential.

Step 3

Exam Tip

Value added (6400-2600=3800) है। परीक्षा में output से intermediate consumption घटाना जरूरी है।

Open Question Page
Ask Friends

GDP में old shares की sale value शामिल नहीं होती लेकिन broker commission क्यों शामिल हो सकता है?

Why is the sale value of old shares not included in GDP but broker commission may be included?

Explanation opens after your attempt
Correct Answer

A. क्योंकि commission चालू सेवा का भुगतान हैBecause commission is payment for a current service

Step 1

Concept

Transfer of old financial assets is not output, but brokerage is a current service. In exams, keep asset value and service fee separate.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि commission चालू सेवा का भुगतान है / Because commission is payment for a current service. Transfer of old financial assets is not output, but brokerage is a current service. In exams, keep asset value and service fee separate.

Step 3

Exam Tip

पुरानी financial asset का transfer output नहीं है लेकिन brokerage current service है। परीक्षा में asset value और service fee अलग रखें।

Open Question Page
Ask Friends

किसे GDP में transfer payment के रूप में बाहर रखा जाएगा?

Which will be excluded from GDP as a transfer payment?

Explanation opens after your attempt
Correct Answer

C. वृद्धावस्था पेंशनOld age pension

Step 1

Concept

Old age pension is not payment against production service. In exams, do not treat pension as factor income.

Step 2

Why this answer is correct

The correct answer is C. वृद्धावस्था पेंशन / Old age pension. Old age pension is not payment against production service. In exams, do not treat pension as factor income.

Step 3

Exam Tip

वृद्धावस्था पेंशन उत्पादन सेवा के बदले भुगतान नहीं है। परीक्षा में pension को factor income न मानें।

Open Question Page
Ask Friends

यदि (GDP=9500) और depreciation (800) है, तो (NDP) कितना होगा?

If (GDP=9500) and depreciation is (800), what is (NDP)?

Explanation opens after your attempt
Correct Answer

C. 8700

Step 1

Concept

(NDP=9500-800=8700). In exams, subtract depreciation for net domestic product.

Step 2

Why this answer is correct

The correct answer is C. 8700. (NDP=9500-800=8700). In exams, subtract depreciation for net domestic product.

Step 3

Exam Tip

(NDP=9500-800=8700)। परीक्षा में net domestic product के लिए depreciation घटाएं।

Open Question Page
Ask Friends

GDP को gross measure कहने का सबसे सही कारण क्या है?

What is the most correct reason for calling GDP a gross measure?

Explanation opens after your attempt
Correct Answer

A. इसमें depreciation घटाया नहीं जाताDepreciation is not deducted in it

Step 1

Concept

In a gross measure, output is taken before deducting fixed capital consumption. In exams, depreciation is the basis of gross and net.

Step 2

Why this answer is correct

The correct answer is A. इसमें depreciation घटाया नहीं जाता / Depreciation is not deducted in it. In a gross measure, output is taken before deducting fixed capital consumption. In exams, depreciation is the basis of gross and net.

Step 3

Exam Tip

Gross measure में fixed capital consumption घटाने से पहले output लिया जाता है। परीक्षा में gross और net का आधार depreciation है।

Open Question Page
Ask Friends

यदि किसी देश की GDP बढ़ी लेकिन काम के घंटे बहुत ज्यादा बढ़ गए और leisure घट गया, तो कल्याण के बारे में क्या सावधानी रखनी चाहिए?

If a country's GDP rises but working hours increase a lot and leisure falls, what caution should be kept about welfare?

Explanation opens after your attempt
Correct Answer

B. कल्याण जरूरी नहीं कि उसी अनुपात में बढ़ा होWelfare may not have risen in the same proportion

Step 1

Concept

GDP does not directly measure the loss of leisure time. In exams, treat non-monetary welfare factors as limitations.

Step 2

Why this answer is correct

The correct answer is B. कल्याण जरूरी नहीं कि उसी अनुपात में बढ़ा हो / Welfare may not have risen in the same proportion. GDP does not directly measure the loss of leisure time. In exams, treat non-monetary welfare factors as limitations.

Step 3

Exam Tip

GDP leisure time के नुकसान को सीधे नहीं मापती। परीक्षा में non-monetary welfare factors को limitation मानें।

Open Question Page
Ask Friends

GDP at market price से \(NDP_{FC}\) निकालने के लिए कौन-से दो मुख्य घटाव होंगे?

Which two main deductions are needed to derive \(NDP_{FC}\) from GDP at market price?

Explanation opens after your attempt
Correct Answer

A. Depreciation और net indirect taxesDepreciation and net indirect taxes

Step 1

Concept

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). In exams, apply both net and factor cost adjustments together.

Step 2

Why this answer is correct

The correct answer is A. Depreciation और net indirect taxes / Depreciation and net indirect taxes. \(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). In exams, apply both net and factor cost adjustments together.

Step 3

Exam Tip

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\)। परीक्षा में net और factor cost दोनों adjustment साथ करें।

Open Question Page
Ask Friends

यदि \(GDP_{MP}=14000\), depreciation (1100), indirect taxes (900), और subsidies (300) हैं, तो \(NDP_{FC}\) कितना होगा?

If \(GDP_{MP}=14000\), depreciation is (1100), indirect taxes are (900), and subsidies are (300), what is \(NDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. 12300

Step 1

Concept

NIT is (900-300=600), and \(NDP_{FC}=14000-1100-600=12300\). In exams, calculate NIT first.

Step 2

Why this answer is correct

The correct answer is A. 12300. NIT is (900-300=600), and \(NDP_{FC}=14000-1100-600=12300\). In exams, calculate NIT first.

Step 3

Exam Tip

NIT (900-300=600) है और \(NDP_{FC}=14000-1100-600=12300\)। परीक्षा में पहले NIT निकालें।

Open Question Page
Ask Friends

GDP में owner occupied house का imputed rent क्यों जोड़ा जाता है?

Why is imputed rent of an owner-occupied house added to GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि वह आवास सेवा प्रदान करता हैBecause it provides housing service

Step 1

Concept

The estimated value of housing service of one's own house can be taken. In exams, treat imputed rent as an included item.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वह आवास सेवा प्रदान करता है / Because it provides housing service. The estimated value of housing service of one's own house can be taken. In exams, treat imputed rent as an included item.

Step 3

Exam Tip

स्वयं के मकान की housing service का अनुमानित मूल्य लिया जा सकता है। परीक्षा में imputed rent को included item मानें।

Open Question Page
Ask Friends

GDP में किस activity को सामान्यतः official calculation में बाहर रखा जाता है?

Which activity is generally excluded from official GDP calculation?

Explanation opens after your attempt
Correct Answer

B. illegal drug trade income

Step 1

Concept

Reliable and legal measurement of illegal activities is difficult. In exams, keep illegal income outside GDP.

Step 2

Why this answer is correct

The correct answer is B. illegal drug trade income. Reliable and legal measurement of illegal activities is difficult. In exams, keep illegal income outside GDP.

Step 3

Exam Tip

अवैध गतिविधियों का विश्वसनीय और वैध मापन कठिन होता है। परीक्षा में illegal income को GDP से बाहर रखें।

Open Question Page
Ask Friends

यदि भारतीय दूतावास जापान में स्थित है, तो economic territory के हिसाब से वह किसकी घरेलू सीमा माना जाएगा?

If the Indian embassy is located in Japan, whose domestic territory is it considered under economic territory?

Explanation opens after your attempt
Correct Answer

B. भारत कीIndia's

Step 1

Concept

A country's embassy located abroad is treated as part of its own economic territory. In exams, remember economic territory in embassy questions.

Step 2

Why this answer is correct

The correct answer is B. भारत की / India's. A country's embassy located abroad is treated as part of its own economic territory. In exams, remember economic territory in embassy questions.

Step 3

Exam Tip

विदेश में स्थित अपना embassy economic territory में अपने देश का भाग माना जाता है। परीक्षा में embassy वाले प्रश्नों में economic territory याद रखें।

Open Question Page
Ask Friends

GDP में household द्वारा खरीदा गया imported television expenditure method में कैसे neutralize होता है?

How is an imported television bought by a household neutralized in the expenditure method of GDP?

Explanation opens after your attempt
Correct Answer

A. यह consumption में आता है और imports में घटता हैIt enters consumption and is deducted under imports

Step 1

Concept

An imported item may appear in household consumption but is deducted under imports because it is not domestic output. In exams, understand import adjustment.

Step 2

Why this answer is correct

The correct answer is A. यह consumption में आता है और imports में घटता है / It enters consumption and is deducted under imports. An imported item may appear in household consumption but is deducted under imports because it is not domestic output. In exams, understand import adjustment.

Step 3

Exam Tip

Imported item household consumption में दिख सकता है लेकिन domestic output नहीं है इसलिए imports में घटता है। परीक्षा में import adjustment को समझें।

Open Question Page
Ask Friends

यदि \(GDP_{FC}=9800\), अप्रत्यक्ष कर (700) और सब्सिडी (100) है, तो \(GDP_{MP}\) कितना होगा?

If \(GDP_{FC}=9800\), indirect taxes are (700), and subsidies are (100), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 10400

Step 1

Concept

NIT is (700-100=600), and \(GDP_{MP}=9800+600=10400\). In exams, add NIT while moving from factor cost to market price.

Step 2

Why this answer is correct

The correct answer is A. 10400. NIT is (700-100=600), and \(GDP_{MP}=9800+600=10400\). In exams, add NIT while moving from factor cost to market price.

Step 3

Exam Tip

NIT (700-100=600) है और \(GDP_{MP}=9800+600=10400\)। परीक्षा में factor cost से market price में NIT जोड़ें।

Open Question Page
Ask Friends

GDP में per capita GDP निकालने का उद्देश्य क्या है?

What is the purpose of calculating per capita GDP in GDP analysis?

Explanation opens after your attempt
Correct Answer

A. कुल उत्पादन को जनसंख्या के सापेक्ष समझनाTo understand total output relative to population

Step 1

Concept

Per capita GDP indicates average output or income. In exams, connect it with GDP divided by population.

Step 2

Why this answer is correct

The correct answer is A. कुल उत्पादन को जनसंख्या के सापेक्ष समझना / To understand total output relative to population. Per capita GDP indicates average output or income. In exams, connect it with GDP divided by population.

Step 3

Exam Tip

Per capita GDP औसत उत्पादन या आय का संकेत देता है। परीक्षा में इसे GDP divided by population से जोड़ें।

Open Question Page
Ask Friends

यदि (GDP=24000) और जनसंख्या (1200) है, तो प्रति व्यक्ति GDP कितना होगा?

If (GDP=24000) and population is (1200), what is per capita GDP?

Explanation opens after your attempt
Correct Answer

B. 20

Step 1

Concept

Per capita GDP is \(24000\div1200=20\). In exams, divide total by population to find per capita.

Step 2

Why this answer is correct

The correct answer is B. 20. Per capita GDP is \(24000\div1200=20\). In exams, divide total by population to find per capita.

Step 3

Exam Tip

प्रति व्यक्ति GDP \(24000\div1200=20\) है। परीक्षा में per capita निकालते समय total को population से भाग दें।

Open Question Page
Ask Friends

GDP में capital gain को शामिल न करने का सही कारण क्या है?

What is the correct reason for not including capital gain in GDP?

Explanation opens after your attempt
Correct Answer

A. यह चालू उत्पादन का प्रतिफल नहीं हैIt is not a reward for current production

Step 1

Concept

Capital gain is an increase in asset price, not production income. In exams, keep factor income and capital gain separate.

Step 2

Why this answer is correct

The correct answer is A. यह चालू उत्पादन का प्रतिफल नहीं है / It is not a reward for current production. Capital gain is an increase in asset price, not production income. In exams, keep factor income and capital gain separate.

Step 3

Exam Tip

Capital gain asset price में वृद्धि है, production income नहीं। परीक्षा में factor income और capital gain अलग रखें।

Open Question Page
Ask Friends

यदि कोई विद्यार्थी scholarship प्राप्त करता है, तो GDP में इसका treatment क्या होगा?

If a student receives a scholarship, what will be its treatment in GDP?

Explanation opens after your attempt
Correct Answer

B. transfer payment होने से सीधे शामिल नहींNot directly included because it is a transfer payment

Step 1

Concept

Scholarship is not a payment against production service. In exams, treat scholarship as a transfer payment.

Step 2

Why this answer is correct

The correct answer is B. transfer payment होने से सीधे शामिल नहीं / Not directly included because it is a transfer payment. Scholarship is not a payment against production service. In exams, treat scholarship as a transfer payment.

Step 3

Exam Tip

Scholarship उत्पादन सेवा के बदले भुगतान नहीं होती। परीक्षा में छात्रवृत्ति को transfer payment समझें।

Open Question Page
Ask Friends

GDP में government final consumption और transfer payment में मुख्य अंतर क्या है?

What is the main difference between government final consumption and transfer payment in GDP?

Explanation opens after your attempt
Correct Answer

A. Government final consumption में वस्तु या सेवा खरीदी जाती हैIn government final consumption, a good or service is purchased

Step 1

Concept

When government buys a good or service, it is final expenditure. In exams, treat payment without quid pro quo as transfer.

Step 2

Why this answer is correct

The correct answer is A. Government final consumption में वस्तु या सेवा खरीदी जाती है / In government final consumption, a good or service is purchased. When government buys a good or service, it is final expenditure. In exams, treat payment without quid pro quo as transfer.

Step 3

Exam Tip

सरकार जब सेवा या वस्तु खरीदती है तो final expenditure होता है। परीक्षा में बिना बदले भुगतान को transfer मानें।

Open Question Page
Ask Friends

GDP में शुद्ध निर्यात ऋणात्मक होने का क्या अर्थ है?

What does negative net exports mean in GDP?

Explanation opens after your attempt
Correct Answer

A. exports imports से कम हैंExports are less than imports

Step 1

Concept

Net exports is (X-M), and it becomes negative when imports are higher. In exams, treat negative net exports as reducing GDP.

Step 2

Why this answer is correct

The correct answer is A. exports imports से कम हैं / Exports are less than imports. Net exports is (X-M), and it becomes negative when imports are higher. In exams, treat negative net exports as reducing GDP.

Step 3

Exam Tip

Net exports (X-M) है और imports अधिक होने पर यह negative होता है। परीक्षा में negative net exports को GDP से घटता हुआ मानें।

Open Question Page
Ask Friends

यदि nominal GDP बढ़ती है लेकिन GDP deflator भी तेजी से बढ़ता है, तो वास्तविक उत्पादन के बारे में क्या सावधानी रखनी चाहिए?

If nominal GDP rises but the GDP deflator also rises sharply, what caution should be kept about real output?

Explanation opens after your attempt
Correct Answer

A. वास्तविक उत्पादन शायद उतना नहीं बढ़ा होReal output may not have risen as much

Step 1

Concept

Nominal GDP also rises due to prices. In exams, look at constant price GDP for real output.

Step 2

Why this answer is correct

The correct answer is A. वास्तविक उत्पादन शायद उतना नहीं बढ़ा हो / Real output may not have risen as much. Nominal GDP also rises due to prices. In exams, look at constant price GDP for real output.

Step 3

Exam Tip

Nominal GDP कीमतों से भी बढ़ती है। परीक्षा में real output के लिए constant price GDP देखें।

Open Question Page
Ask Friends

किस विकल्प में GDP की limitation सही दिखाई गई है?

Which option correctly shows a limitation of GDP?

Explanation opens after your attempt
Correct Answer

A. GDP income distribution नहीं बतातीGDP does not show income distribution

Step 1

Concept

GDP shows total output, not distribution of income. In exams, place inequality under welfare limitation.

Step 2

Why this answer is correct

The correct answer is A. GDP income distribution नहीं बताती / GDP does not show income distribution. GDP shows total output, not distribution of income. In exams, place inequality under welfare limitation.

Step 3

Exam Tip

GDP कुल उत्पादन बताती है, आय का वितरण नहीं। परीक्षा में inequality को welfare limitation में रखें।

Open Question Page
Ask Friends

यदि इस वर्ष बनी वस्तु दुकान में बिना बिके रह गई, तो GDP में उसका मूल्य क्यों आएगा?

If a good produced this year remains unsold in a shop, why will its value enter GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह current production और inventory हैBecause it is current production and inventory

Step 1

Concept

Unsold current output is treated as change in stock or inventory investment. In exams, separate production and sales.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह current production और inventory है / Because it is current production and inventory. Unsold current output is treated as change in stock or inventory investment. In exams, separate production and sales.

Step 3

Exam Tip

Unsold current output change in stock या inventory investment माना जाता है। परीक्षा में production और sales अलग रखें।

Open Question Page
Ask Friends

GDP में self consumed farm output को कब शामिल किया जा सकता है?

When can self-consumed farm output be included in GDP?

Explanation opens after your attempt
Correct Answer

A. जब उसका उचित मूल्यांकन संभव होWhen its reasonable valuation is possible

Step 1

Concept

Self-consumed output may be included if its imputed value is available. In exams, remember the condition of valuation.

Step 2

Why this answer is correct

The correct answer is A. जब उसका उचित मूल्यांकन संभव हो / When its reasonable valuation is possible. Self-consumed output may be included if its imputed value is available. In exams, remember the condition of valuation.

Step 3

Exam Tip

स्व-उपभोग output का अनुमानित मूल्य उपलब्ध हो तो उसे शामिल किया जा सकता है। परीक्षा में valuation की शर्त याद रखें।

Open Question Page
Ask Friends

GDP में pollution cleanup खर्च बढ़ने पर welfare analysis में कौन-सी बात ध्यान रखनी चाहिए?

When pollution cleanup expenditure rises in GDP, what should be kept in mind in welfare analysis?

Explanation opens after your attempt
Correct Answer

A. खर्च GDP बढ़ा सकता है लेकिन pollution damage welfare घटा सकता हैExpenditure may raise GDP but pollution damage may reduce welfare

Step 1

Concept

GDP may show cleanup activity as output but not fully show damage. In exams, treat environmental cost as a limitation.

Step 2

Why this answer is correct

The correct answer is A. खर्च GDP बढ़ा सकता है लेकिन pollution damage welfare घटा सकता है / Expenditure may raise GDP but pollution damage may reduce welfare. GDP may show cleanup activity as output but not fully show damage. In exams, treat environmental cost as a limitation.

Step 3

Exam Tip

GDP cleanup activity को output के रूप में दिखा सकती है पर नुकसान को पूरा नहीं दिखाती। परीक्षा में environmental cost को limitation मानें।

Open Question Page
Ask Friends

यदि (Real\ GDP=20000) और (GDP\ Deflator=110), तो (Nominal\ GDP) कितना होगा?

If (Real\ GDP=20000) and (GDP\ Deflator=110), what is (Nominal\ GDP)?

Explanation opens after your attempt
Correct Answer

C. 22000

Step 1

Concept

\(Nominal\ GDP=\frac{Real\ GDP\times Deflator}{100}=22000\). In exams, the deflator formula can be used in both directions.

Step 2

Why this answer is correct

The correct answer is C. 22000. \(Nominal\ GDP=\frac{Real\ GDP\times Deflator}{100}=22000\). In exams, the deflator formula can be used in both directions.

Step 3

Exam Tip

\(Nominal\ GDP=\frac{Real\ GDP\times Deflator}{100}=22000\)। परीक्षा में deflator formula दोनों दिशा में लगा सकते हैं।

Open Question Page
Ask Friends

GDP में किसे fixed capital formation कहा जाएगा?

What will be called fixed capital formation in GDP?

Explanation opens after your attempt
Correct Answer

A. कंपनी द्वारा नई मशीन खरीदनाA company buying a new machine

Step 1

Concept

A new machine is a productive fixed asset and comes under investment. In exams, connect capital formation with final capital goods.

Step 2

Why this answer is correct

The correct answer is A. कंपनी द्वारा नई मशीन खरीदना / A company buying a new machine. A new machine is a productive fixed asset and comes under investment. In exams, connect capital formation with final capital goods.

Step 3

Exam Tip

नई मशीन productive fixed asset है और investment में आती है। परीक्षा में capital formation को final capital goods से जोड़ें।

Open Question Page
Ask Friends

GDP में routine repair और new machine purchase का अंतर क्यों महत्वपूर्ण है?

Why is the difference between routine repair and new machine purchase important in GDP?

Explanation opens after your attempt
Correct Answer

A. repair intermediate cost हो सकती है जबकि new machine capital formation हैRepair may be intermediate cost while new machine is capital formation

Step 1

Concept

Maintenance repair keeps an old asset running, while a new machine adds capacity. In exams, separate replacement and routine maintenance.

Step 2

Why this answer is correct

The correct answer is A. repair intermediate cost हो सकती है जबकि new machine capital formation है / Repair may be intermediate cost while new machine is capital formation. Maintenance repair keeps an old asset running, while a new machine adds capacity. In exams, separate replacement and routine maintenance.

Step 3

Exam Tip

Maintenance repair पुराने asset को चालू रखती है, नई मशीन capacity जोड़ती है। परीक्षा में replacement और routine maintenance अलग करें।

Open Question Page
Ask Friends

GDP में एक paid coaching class की fee क्यों शामिल होगी?

Why will the fee of a paid coaching class be included in GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह चालू वर्ष की paid educational service हैBecause it is a current year paid educational service

Step 1

Concept

Paid educational service is a market transaction and is included in GDP. In exams, treat service output like goods.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह चालू वर्ष की paid educational service है / Because it is a current year paid educational service. Paid educational service is a market transaction and is included in GDP. In exams, treat service output like goods.

Step 3

Exam Tip

Paid educational service market transaction है और GDP में शामिल होती है। परीक्षा में service output को goods की तरह मानें।

Open Question Page
Ask Friends

GDP at factor cost में factor cost शब्द किससे संबंधित है?

What is the term factor cost related to in GDP at factor cost?

Explanation opens after your attempt
Correct Answer

A. उत्पादन कारकों को मिले प्रतिफल सेRewards received by factors of production

Step 1

Concept

Factor cost is based on income received by factors of production. In exams, remember NIT as the difference between market price and factor cost.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन कारकों को मिले प्रतिफल से / Rewards received by factors of production. Factor cost is based on income received by factors of production. In exams, remember NIT as the difference between market price and factor cost.

Step 3

Exam Tip

Factor cost उत्पादन कारकों को मिलने वाली आय पर आधारित है। परीक्षा में market price और factor cost में NIT का अंतर याद रखें।

Open Question Page
Ask Friends

यदि किसी वर्ष real GDP बढ़ती है लेकिन nominal GDP घटती है, तो कौन-सी स्थिति संभव है?

If real GDP rises but nominal GDP falls in a year, which situation is possible?

Explanation opens after your attempt
Correct Answer

A. कीमतों में भारी गिरावट और output में वृद्धिA sharp fall in prices and a rise in output

Step 1

Concept

Real GDP shows output quantity while nominal GDP is affected by current prices. In exams, understand the deflation situation.

Step 2

Why this answer is correct

The correct answer is A. कीमतों में भारी गिरावट और output में वृद्धि / A sharp fall in prices and a rise in output. Real GDP shows output quantity while nominal GDP is affected by current prices. In exams, understand the deflation situation.

Step 3

Exam Tip

Real GDP output quantity दिखाती है जबकि nominal GDP current prices से प्रभावित होती है। परीक्षा में deflation वाली स्थिति समझें।

Open Question Page
Ask Friends

GDP में किसी कंपनी द्वारा कर्मचारियों को दिया गया उत्पादन-सम्बंधित overtime payment कैसे माना जाएगा?

How will production-related overtime payment given by a company to employees be treated in GDP?

Explanation opens after your attempt
Correct Answer

A. compensation of employees का भागPart of compensation of employees

Step 1

Concept

Overtime payment is a reward for labour service. In exams, include production-linked wage payments in factor income.

Step 2

Why this answer is correct

The correct answer is A. compensation of employees का भाग / Part of compensation of employees. Overtime payment is a reward for labour service. In exams, include production-linked wage payments in factor income.

Step 3

Exam Tip

Overtime payment श्रम सेवा का प्रतिफल है। परीक्षा में production-linked wage payments को factor income में रखें।

Open Question Page
Ask Friends

GDP में government द्वारा purchased medicines for public hospitals किस रूप में आ सकती हैं?

In GDP, government-purchased medicines for public hospitals may come under what?

Explanation opens after your attempt
Correct Answer

A. सरकारी अंतिम उपभोग व्ययGovernment final consumption expenditure

Step 1

Concept

Final purchases by government for providing public services enter GDP expenditure. In exams, distinguish government purchases from transfers.

Step 2

Why this answer is correct

The correct answer is A. सरकारी अंतिम उपभोग व्यय / Government final consumption expenditure. Final purchases by government for providing public services enter GDP expenditure. In exams, distinguish government purchases from transfers.

Step 3

Exam Tip

सरकार द्वारा public service देने के लिए final purchase GDP expenditure में आती है। परीक्षा में government purchases और transfers में अंतर करें।

Open Question Page
Ask Friends

यदि घरेलू उत्पादन में वृद्धि के साथ depletion of forests भी तेज हो, तो GDP की कौन-सी सीमा सामने आती है?

If domestic output rises along with faster depletion of forests, which limitation of GDP appears?

Explanation opens after your attempt
Correct Answer

A. प्राकृतिक संसाधन क्षय को पूरा न दिखानाNot fully showing depletion of natural resources

Step 1

Concept

GDP shows production but does not fully adjust natural capital loss. In exams, connect this with the need for green GDP.

Step 2

Why this answer is correct

The correct answer is A. प्राकृतिक संसाधन क्षय को पूरा न दिखाना / Not fully showing depletion of natural resources. GDP shows production but does not fully adjust natural capital loss. In exams, connect this with the need for green GDP.

Step 3

Exam Tip

GDP production दिखाती है लेकिन natural capital loss का पूरा adjustment नहीं करती। परीक्षा में green GDP की आवश्यकता से इसे जोड़ें।

Open Question Page
Ask Friends

GDP में market price का अर्थ किस कीमत से है?

What does market price mean in GDP?

Explanation opens after your attempt
Correct Answer

A. खरीदार द्वारा चुकाई गई कीमत जिसमें indirect tax और subsidy का प्रभाव होPrice paid by buyer including effect of indirect tax and subsidy

Step 1

Concept

Market price is the price paid by the consumer. In exams, remember net indirect taxes for its difference from factor cost.

Step 2

Why this answer is correct

The correct answer is A. खरीदार द्वारा चुकाई गई कीमत जिसमें indirect tax और subsidy का प्रभाव हो / Price paid by buyer including effect of indirect tax and subsidy. Market price is the price paid by the consumer. In exams, remember net indirect taxes for its difference from factor cost.

Step 3

Exam Tip

Market price उपभोक्ता द्वारा चुकाई गई कीमत है। परीक्षा में factor cost से अंतर के लिए net indirect taxes याद रखें।

Open Question Page
Ask Friends

यदि \(GDP_{MP}\) और \(GDP_{FC}\) बराबर हैं, तो इसका क्या अर्थ हो सकता है?

If \(GDP_{MP}\) and \(GDP_{FC}\) are equal, what can it mean?

Explanation opens after your attempt
Correct Answer

A. NIT शून्य हैNIT is zero

Step 1

Concept

When net indirect tax is zero, market price and factor cost are equal. In exams, remember the equality condition.

Step 2

Why this answer is correct

The correct answer is A. NIT शून्य है / NIT is zero. When net indirect tax is zero, market price and factor cost are equal. In exams, remember the equality condition.

Step 3

Exam Tip

जब net indirect tax शून्य होता है तो market price और factor cost बराबर होते हैं। परीक्षा में equality condition याद रखें।

Open Question Page
Ask Friends

GDP में firm द्वारा खरीदा गया raw cotton कपड़ा बनाने के लिए क्या होगा?

In GDP, what will raw cotton bought by a firm to make cloth be?

Explanation opens after your attempt
Correct Answer

A. intermediate consumption

Step 1

Concept

Raw cotton is an input in further production. In exams, treat raw material as intermediate consumption.

Step 2

Why this answer is correct

The correct answer is A. intermediate consumption. Raw cotton is an input in further production. In exams, treat raw material as intermediate consumption.

Step 3

Exam Tip

Raw cotton further production में input है। परीक्षा में raw material को intermediate consumption मानें।

Open Question Page
Ask Friends

GDP में quality improvement की limitation किस उदाहरण से दिखती है?

Which example shows the limitation of quality improvement in GDP?

Explanation opens after your attempt
Correct Answer

A. एक ही कीमत पर बेहतर स्वास्थ्य सेवा मिलना लेकिन value पूरी तरह न दिखनाBetter health service at same price but value not fully reflected

Step 1

Concept

GDP focuses more on quantity and price, so quality improvement may not be fully captured. In exams, treat quality changes as a welfare limitation.

Step 2

Why this answer is correct

The correct answer is A. एक ही कीमत पर बेहतर स्वास्थ्य सेवा मिलना लेकिन value पूरी तरह न दिखना / Better health service at same price but value not fully reflected. GDP focuses more on quantity and price, so quality improvement may not be fully captured. In exams, treat quality changes as a welfare limitation.

Step 3

Exam Tip

GDP quantity और price पर अधिक केंद्रित होती है, quality improvement पूरी तरह capture नहीं हो सकता। परीक्षा में quality changes को welfare limitation समझें।

Open Question Page
Ask Friends

GDP में domestic product शब्द का मुख्य संकेत क्या है?

What is the main indication of the term domestic product in GDP?

Explanation opens after your attempt
Correct Answer

A. उत्पादन घरेलू आर्थिक सीमा के अंदर हुआ हैProduction occurred within domestic economic territory

Step 1

Concept

Domestic product means production within economic territory. In exams, remember the difference between domestic and national terms.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन घरेलू आर्थिक सीमा के अंदर हुआ है / Production occurred within domestic economic territory. Domestic product means production within economic territory. In exams, remember the difference between domestic and national terms.

Step 3

Exam Tip

Domestic product का अर्थ economic territory के भीतर उत्पादन है। परीक्षा में domestic और national शब्दों का अंतर याद रखें।

Open Question Page
Ask Friends
FAQs

Class 12 Economics Quiz FAQs

How many questions are in this quiz?

This level is designed for 50 active questions. Currently 50 questions are available for the selected class and difficulty.

Is there a timer in this quiz?

Yes, the timer uses 30 seconds per question for Hard difficulty and shows the total remaining time on the page.

Can I open each question separately?

Yes, every question has its own SEO-friendly page with answer, explanation and related practice links.