Practice focused topic-wise MCQs with answers and explanations for quick revision and exam preparation.
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What is another name for domestic income?
A. \(NDP_{FC}\)
घरेलू आय को \(NDP_{FC}\) भी कहा जाता है। यह घरेलू सीमा में साधन लागत पर शुद्ध उत्पादन है। / Domestic income is also called \(NDP_{FC}\). It is net output at factor cost within domestic territory.
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What is added to domestic income to obtain national income?
A. विदेश से शुद्ध साधन आयNet factor income from abroad
राष्ट्रीय आय (Domestic Income + NFIA) होती है। यह निवासियों की कुल साधन आय दिखाती है। / National income is (Domestic Income + NFIA). It shows total factor income of residents.
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If \(GDP_{MP} = 1000\) and depreciation is (100), what will be \(NDP_{MP}\)?
C. ₹900
\(NDP_{MP} = GDP_{MP} - Depreciation\) है। इसलिए (1000 - 100 = 900) होगा। / \(NDP_{MP} = GDP_{MP} - Depreciation\). Therefore (1000 - 100 = 900).
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If \(NDP_{MP} = 900\) and net indirect tax is (50), what will be \(NDP_{FC}\)?
B. ₹850
\(NDP_{FC} = NDP_{MP} - Net Indirect Tax\) है। इसलिए (900 - 50 = 850) सही है। / \(NDP_{FC} = NDP_{MP} - Net Indirect Tax\). Therefore (900 - 50 = 850) is correct.
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If domestic income is ₹850 and (NFIA) is ₹30, what is national income?
C. ₹880
राष्ट्रीय आय (850 + 30 = 880) होगी। (NFIA) धनात्मक हो तो घरेलू आय में जोड़ा जाता है। / National income will be (850 + 30 = 880). If (NFIA) is positive, it is added to domestic income.
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If domestic income is ₹850 and (NFIA) is ₹-20, what is national income?
B. ₹830
राष्ट्रीय आय (850 + (-20) = 830) होगी। ऋणात्मक (NFIA) घरेलू आय को घटाता है। / National income will be (850 + (-20) = 830). Negative (NFIA) reduces domestic income.
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Why is purchase of shares generally not included in the expenditure method?
A. यह वित्तीय संपत्ति का लेन-देन हैIt is a transaction of financial assets
शेयरों की खरीद वास्तविक वस्तु या सेवा के चालू उत्पादन पर खर्च नहीं है। यह वित्तीय संपत्ति का लेन-देन है। / Purchase of shares is not spending on current production of a real good or service. It is a transaction of financial assets.
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Why is purchase of bonds not added in the expenditure method?
A. यह वित्तीय निवेश है, वास्तविक पूंजी निर्माण नहींIt is financial investment, not real capital formation
बांड खरीदने से नई वास्तविक पूंजीगत वस्तु नहीं बनती। इसलिए इसे राष्ट्रीय आय के व्यय में नहीं जोड़ा जाता। / Buying bonds does not create a new real capital good. Therefore it is not added to expenditure for national income.
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If a new car is bought by a household, where will it come in the expenditure method?
A. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure
परिवार के लिए नई कार अंतिम उपभोग वस्तु है। इसलिए यह निजी अंतिम उपभोग व्यय में आएगी। / For a household, a new car is a final consumption good. Therefore it comes under private final consumption expenditure.
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If the same new car is bought by a taxi company, where will it come in the expenditure method?
B. निवेश व्ययInvestment expenditure
टैक्सी कंपनी के लिए कार उत्पादन सेवा देने वाली पूंजीगत वस्तु है। इसलिए यह निवेश व्यय है। / For a taxi company, the car is a capital good used to provide service. Therefore it is investment expenditure.
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