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Economics GDP Deflator MCQ Questions for Class 12 Commerce

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GDP Deflator Practice Questions

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यदि कीमतें स्थिर रहें और घरेलू उत्पादन मात्रा 25 प्रतिशत बढ़े तो अपस्फीतिकारक में क्या परिवर्तन होगा?

If prices remain constant and domestic output quantities rise by 25 percent what happens to the deflator?

Explanation opens after your attempt
Correct Answer

C. अपरिवर्तित रहेगाIt will remain unchanged

Step 1

Concept

The deflator measures prices so a quantity change alone does not affect it. Nominal and real GDP rise in the same proportion.

Step 2

Why this answer is correct

The correct answer is C. अपरिवर्तित रहेगा / It will remain unchanged. The deflator measures prices so a quantity change alone does not affect it. Nominal and real GDP rise in the same proportion.

Step 3

Exam Tip

अपस्फीतिकारक कीमतों को मापता है इसलिए केवल मात्रा परिवर्तन इसे प्रभावित नहीं करता। नाममात्र और वास्तविक सकल घरेलू उत्पाद समान अनुपात से बढ़ेंगे।

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यदि नाममात्र सकल घरेलू उत्पाद अपरिवर्तित रहे लेकिन वास्तविक सकल घरेलू उत्पाद 10 प्रतिशत बढ़े तो अपस्फीतिकारक में लगभग क्या परिवर्तन होगा?

If nominal GDP remains unchanged but real GDP rises by 10 percent what approximately happens to the deflator?

Explanation opens after your attempt
Correct Answer

A. लगभग 9.1 प्रतिशत घटेगाIt will fall by about 9.1 percent

Step 1

Concept

The deflator factor is \(=\frac{1}{1.10}\approx0.909\). Therefore it falls by about 9.1 percent.

Step 2

Why this answer is correct

The correct answer is A. लगभग 9.1 प्रतिशत घटेगा / It will fall by about 9.1 percent. The deflator factor is \(=\frac{1}{1.10}\approx0.909\). Therefore it falls by about 9.1 percent.

Step 3

Exam Tip

अपस्फीतिकारक का गुणक \(=\frac{1}{1.10}\approx0.909\) है। इसलिए लगभग 9.1 प्रतिशत गिरावट होगी।

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यदि वास्तविक सकल घरेलू उत्पाद अपरिवर्तित रहे और नाममात्र सकल घरेलू उत्पाद 9 प्रतिशत घटे तो अपस्फीतिकारक में क्या परिवर्तन होगा?

If real GDP remains unchanged and nominal GDP falls by 9 percent what happens to the deflator?

Explanation opens after your attempt
Correct Answer

B. 9 प्रतिशत घटेगाIt will fall by 9 percent

Step 1

Concept

With real output unchanged the nominal decline entirely reflects a lower price level. Therefore the deflator falls by 9 percent.

Step 2

Why this answer is correct

The correct answer is B. 9 प्रतिशत घटेगा / It will fall by 9 percent. With real output unchanged the nominal decline entirely reflects a lower price level. Therefore the deflator falls by 9 percent.

Step 3

Exam Tip

वास्तविक उत्पादन स्थिर होने पर नाममात्र गिरावट पूरी तरह मूल्य स्तर की गिरावट दर्शाती है। इसलिए अपस्फीतिकारक 9 प्रतिशत घटेगा।

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यदि वास्तविक सकल घरेलू उत्पाद सूचकांक 120 और नाममात्र सकल घरेलू उत्पाद सूचकांक 150 है तो अपस्फीतिकारक सूचकांक कितना होगा?

If the real GDP index is 120 and the nominal GDP index is 150 what is the deflator index?

Explanation opens after your attempt
Correct Answer

B. 125

Step 1

Concept

The deflator index \(=\frac{150}{120}\times100=125\). Divide the nominal index by the real index.

Step 2

Why this answer is correct

The correct answer is B. 125. The deflator index \(=\frac{150}{120}\times100=125\). Divide the nominal index by the real index.

Step 3

Exam Tip

अपस्फीतिकारक सूचकांक \(=\frac{150}{120}\times100=125\) है। नाममात्र सूचकांक को वास्तविक सूचकांक से विभाजित करें।

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यदि अपस्फीतिकारक सूचकांक 125 और वास्तविक सकल घरेलू उत्पाद सूचकांक 112 है तो नाममात्र सकल घरेलू उत्पाद सूचकांक कितना होगा?

If the deflator index is 125 and the real GDP index is 112 what is the nominal GDP index?

Explanation opens after your attempt
Correct Answer

C. 140

Step 1

Concept

The nominal index \(=\frac{125\times112}{100}=140\). Multiply the price and quantity indices.

Step 2

Why this answer is correct

The correct answer is C. 140. The nominal index \(=\frac{125\times112}{100}=140\). Multiply the price and quantity indices.

Step 3

Exam Tip

नाममात्र सूचकांक \(=\frac{125\times112}{100}=140\) है। मूल्य और मात्रा सूचकांक को गुणा करें।

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यदि नाममात्र सकल घरेलू उत्पाद सूचकांक 132 और अपस्फीतिकारक सूचकांक 120 है तो वास्तविक सकल घरेलू उत्पाद सूचकांक कितना होगा?

If the nominal GDP index is 132 and the deflator index is 120 what is the real GDP index?

Explanation opens after your attempt
Correct Answer

B. 110

Step 1

Concept

The real index \(=\frac{132}{120}\times100=110\). Divide by the deflator to remove the price effect.

Step 2

Why this answer is correct

The correct answer is B. 110. The real index \(=\frac{132}{120}\times100=110\). Divide by the deflator to remove the price effect.

Step 3

Exam Tip

वास्तविक सूचकांक \(=\frac{132}{120}\times100=110\) है। कीमत प्रभाव हटाने के लिए अपस्फीतिकारक से भाग दें।

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यदि दो वर्षों में अपस्फीतिकारक 100 से बढ़कर 121 हो जाए तो कुल मूल्य वृद्धि कितनी होगी?

If the deflator rises from 100 to 121 over two years what is the total price increase?

Explanation opens after your attempt
Correct Answer

C. 21 प्रतिशत21 percent

Step 1

Concept

A change from 100 to 121 represents a 21 percent increase. This is the total price rise over two years.

Step 2

Why this answer is correct

The correct answer is C. 21 प्रतिशत / 21 percent. A change from 100 to 121 represents a 21 percent increase. This is the total price rise over two years.

Step 3

Exam Tip

100 से 121 का परिवर्तन 21 प्रतिशत वृद्धि दर्शाता है। यह दो वर्षों की कुल मूल्य वृद्धि है।

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यदि अपस्फीतिकारक दो वर्षों तक 10 प्रतिशत प्रति वर्ष बढ़े तो कुल वृद्धि कितनी होगी?

If the deflator rises by 10 percent per year for two years what is the total increase?

Explanation opens after your attempt
Correct Answer

B. 21 प्रतिशत21 percent

Step 1

Concept

Total growth \(=1.10^2-1=0.21\) or 21 percent. Successive growth rates compound.

Step 2

Why this answer is correct

The correct answer is B. 21 प्रतिशत / 21 percent. Total growth \(=1.10^2-1=0.21\) or 21 percent. Successive growth rates compound.

Step 3

Exam Tip

कुल वृद्धि \(=1.10^2-1=0.21\) अर्थात 21 प्रतिशत है। लगातार वृद्धि दरों में चक्रवृद्धि लागू होती है।

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यदि अपस्फीतिकारक पहले वर्ष 10 प्रतिशत बढ़े और दूसरे वर्ष 10 प्रतिशत घटे तो कुल परिवर्तन क्या होगा?

If the deflator rises by 10 percent in the first year and falls by 10 percent in the second year what is the total change?

Explanation opens after your attempt
Correct Answer

B. 1 प्रतिशत गिरावट1 percent fall

Step 1

Concept

The total factor is \(1.10\times0.90=0.99\) so there is a 1 percent fall. Equal percentage rises and falls do not fully cancel.

Step 2

Why this answer is correct

The correct answer is B. 1 प्रतिशत गिरावट / 1 percent fall. The total factor is \(1.10\times0.90=0.99\) so there is a 1 percent fall. Equal percentage rises and falls do not fully cancel.

Step 3

Exam Tip

कुल गुणक \(=1.10\times0.90=0.99\) है इसलिए 1 प्रतिशत गिरावट होगी। समान प्रतिशत वृद्धि और गिरावट पूर्णतः समाप्त नहीं होती।

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सरकारी गैर-बाजार सेवाओं की कीमत का अनुमान सामान्यतः किस आधार पर लगाया जाता है?

On what basis is the price of government non-market services generally estimated?

Explanation opens after your attempt
Correct Answer

A. उत्पादन लागत के आधार परOn the basis of production cost

Step 1

Concept

Non-market government services have no direct market price so they are valued at cost. This is a common GDP measurement method.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन लागत के आधार पर / On the basis of production cost. Non-market government services have no direct market price so they are valued at cost. This is a common GDP measurement method.

Step 3

Exam Tip

गैर-बाजार सरकारी सेवाओं का प्रत्यक्ष बाजार मूल्य नहीं होता इसलिए उन्हें लागत से आँका जाता है। यह सकल घरेलू उत्पाद मापन की सामान्य विधि है।

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