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

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व्यय विधि में \(GDP_{MP}\) निकालते समय सभी क्षेत्रों के अंतिम व्यय को जोड़ने का मुख्य कारण क्या है?

What is the main reason for adding final expenditure of all sectors while calculating \(GDP_{MP}\) by the expenditure method?

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Correct Answer

A. क्योंकि अंतिम व्यय घरेलू अंतिम उत्पादन की मांग को दिखाता हैBecause final expenditure shows demand for domestic final output

Step 1

Concept

Final expenditure measures demand for domestic final goods and services. In exams connect final output with final expenditure.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि अंतिम व्यय घरेलू अंतिम उत्पादन की मांग को दिखाता है / Because final expenditure shows demand for domestic final output. Final expenditure measures demand for domestic final goods and services. In exams connect final output with final expenditure.

Step 3

Exam Tip

अंतिम व्यय घरेलू अंतिम वस्तुओं और सेवाओं की मांग को मापता है। परीक्षा में अंतिम उत्पादन और अंतिम व्यय को साथ जोड़कर समझें।

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यदि (PFCE=1500), (GFCE=400), (GFCF=650), स्टॉक परिवर्तन (=30), निर्यात (=220), आयात (=300) हैं तो \(GDP_{MP}\) कितना होगा?

If (PFCE=1500), (GFCE=400), (GFCF=650), change in stock (=30), exports (=220), imports (=300), what is \(GDP_{MP}\)?

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Correct Answer

A. 2500

Step 1

Concept

(GCF=650+30=680) and (NX=220-300=-80). Therefore \(GDP_{MP}=1500+400+680-80=2500\).

Step 2

Why this answer is correct

The correct answer is A. 2500. (GCF=650+30=680) and (NX=220-300=-80). Therefore \(GDP_{MP}=1500+400+680-80=2500\).

Step 3

Exam Tip

(GCF=650+30=680) और (NX=220-300=-80) है। इसलिए \(GDP_{MP}=1500+400+680-80=2500\) होगा।

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व्यय विधि में घरेलू उपभोक्ता द्वारा विदेशी मोबाइल खरीदने पर \(GDP_{MP}\) में सही समायोजन क्या होगा?

What is the correct adjustment in \(GDP_{MP}\) when a domestic consumer buys a foreign mobile in the expenditure method?

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Correct Answer

A. खरीद (PFCE) में दिखेगी और आयात में घटेगीThe purchase will appear in (PFCE) and be subtracted in imports

Step 1

Concept

Spending on a foreign mobile may appear in domestic consumption but it is foreign production. So imports are subtracted to keep it out of GDP.

Step 2

Why this answer is correct

The correct answer is A. खरीद (PFCE) में दिखेगी और आयात में घटेगी / The purchase will appear in (PFCE) and be subtracted in imports. Spending on a foreign mobile may appear in domestic consumption but it is foreign production. So imports are subtracted to keep it out of GDP.

Step 3

Exam Tip

विदेशी मोबाइल पर खर्च घरेलू उपभोग में दिख सकता है लेकिन वह विदेशी उत्पादन है। इसलिए आयात घटाकर उसे GDP से बाहर रखा जाता है।

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यदि \(GDP_{MP}=6000\), मूल्यह्रास (=500), (NIT=700), और (NFIA=200) है तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{MP}=6000\), depreciation (=500), (NIT=700), and (NFIA=200), what is \(NNP_{FC}\)?

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Correct Answer

A. 5000

Step 1

Concept

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (6000-500-700+200=5000).

Step 2

Why this answer is correct

The correct answer is A. 5000. \(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (6000-500-700+200=5000).

Step 3

Exam Tip

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\) है। इसलिए (6000-500-700+200=5000) होगा।

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व्यय विधि में घरेलू सीमा के अंदर विदेशी बैंक द्वारा दी गई सेवा क्यों GDP में आ सकती है?

Why can a service provided by a foreign bank inside domestic territory come in GDP under the expenditure method?

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Correct Answer

A. क्योंकि सेवा घरेलू सीमा में उत्पन्न हुई हैBecause the service is produced within domestic territory

Step 1

Concept

GDP is based on domestic territory of production not ownership. Hence a service provided within domestic territory can be included in GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि सेवा घरेलू सीमा में उत्पन्न हुई है / Because the service is produced within domestic territory. GDP is based on domestic territory of production not ownership. Hence a service provided within domestic territory can be included in GDP.

Step 3

Exam Tip

GDP उत्पादन की घरेलू सीमा पर आधारित है स्वामित्व पर नहीं। इसलिए घरेलू सीमा में दी गई सेवा GDP में शामिल हो सकती है।

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यदि \(NDP_{FC}=3500\), मूल्यह्रास (=250), और (NIT=300) है तो \(GDP_{MP}\) कितना होगा?

If \(NDP_{FC}=3500\), depreciation (=250), and (NIT=300), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. 4050

Step 1

Concept

\(GDP_{MP}=NDP_{FC}+Depreciation+NIT\). Therefore (3500+250+300=4050).

Step 2

Why this answer is correct

The correct answer is C. 4050. \(GDP_{MP}=NDP_{FC}+Depreciation+NIT\). Therefore (3500+250+300=4050).

Step 3

Exam Tip

\(GDP_{MP}=NDP_{FC}+Depreciation+NIT\) है। इसलिए (3500+250+300=4050) होगा।

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व्यय विधि में \(GDP_{MP}\) से \(NDP_{MP}\) पाने के लिए कौन-सा समायोजन किया जाता है?

Which adjustment is made to obtain \(NDP_{MP}\) from \(GDP_{MP}\) in the expenditure method?

Explanation opens after your attempt
Correct Answer

B. मूल्यह्रास घटाया जाता हैDepreciation is subtracted

Step 1

Concept

Depreciation is subtracted to move from gross to net measure. Net indirect taxes are adjusted separately for market price to factor cost.

Step 2

Why this answer is correct

The correct answer is B. मूल्यह्रास घटाया जाता है / Depreciation is subtracted. Depreciation is subtracted to move from gross to net measure. Net indirect taxes are adjusted separately for market price to factor cost.

Step 3

Exam Tip

सकल से शुद्ध माप पाने के लिए मूल्यह्रास घटाया जाता है। बाजार मूल्य से कारक लागत के लिए शुद्ध अप्रत्यक्ष कर अलग से समायोजित होते हैं।

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यदि (PFCE=2500), (GFCE=700), (GCF=900), और (NX=-250) है तो \(GDP_{MP}\) कितना होगा?

If (PFCE=2500), (GFCE=700), (GCF=900), and (NX=-250), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 3850

Step 1

Concept

The formula is \(GDP_{MP}=PFCE+GFCE+GCF+NX\). Therefore (2500+700+900-250=3850).

Step 2

Why this answer is correct

The correct answer is A. 3850. The formula is \(GDP_{MP}=PFCE+GFCE+GCF+NX\). Therefore (2500+700+900-250=3850).

Step 3

Exam Tip

सूत्र \(GDP_{MP}=PFCE+GFCE+GCF+NX\) है। इसलिए (2500+700+900-250=3850) होगा।

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यदि निर्यात (=700), आयात (=850), (PFCE=3000), (GFCE=800), (GCF=1200), तो \(GDP_{MP}\) कितना होगा?

If exports (=700), imports (=850), (PFCE=3000), (GFCE=800), (GCF=1200), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 4850

Step 1

Concept

(NX=700-850=-150). Therefore \(GDP_{MP}=3000+800+1200-150=4850\).

Step 2

Why this answer is correct

The correct answer is A. 4850. (NX=700-850=-150). Therefore \(GDP_{MP}=3000+800+1200-150=4850\).

Step 3

Exam Tip

(NX=700-850=-150) है। इसलिए \(GDP_{MP}=3000+800+1200-150=4850\) होगा।

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व्यय विधि में \(GDP_{MP}\) और \(GNP_{MP}\) का अंतर किससे समझाया जाता है?

In the expenditure method the difference between \(GDP_{MP}\) and \(GNP_{MP}\) is explained by what?

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Correct Answer

C. शुद्ध विदेशी कारक आयNet factor income from abroad

Step 1

Concept

\(GNP_{MP}=GDP_{MP}+NFIA\). Thus (NFIA) creates the difference between domestic and national gross product.

Step 2

Why this answer is correct

The correct answer is C. शुद्ध विदेशी कारक आय / Net factor income from abroad. \(GNP_{MP}=GDP_{MP}+NFIA\). Thus (NFIA) creates the difference between domestic and national gross product.

Step 3

Exam Tip

\(GNP_{MP}=GDP_{MP}+NFIA\) होता है। इसलिए (NFIA) घरेलू और राष्ट्रीय सकल उत्पाद में अंतर बनाता है।

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यदि \(GDP_{MP}=7200\), \(NNP_{FC}=6300\), मूल्यह्रास (=400), और (NFIA=100) है तो (NIT) कितना होगा?

If \(GDP_{MP}=7200\), \(NNP_{FC}=6300\), depreciation (=400), and (NFIA=100), what is (NIT)?

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Correct Answer

C. 600

Step 1

Concept

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). (6300=7200-400-NIT+100), so (NIT=600).

Step 2

Why this answer is correct

The correct answer is C. 600. \(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). (6300=7200-400-NIT+100), so (NIT=600).

Step 3

Exam Tip

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\) है। (6300=7200-400-NIT+100), इसलिए (NIT=600)।

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यदि (PFCE) में आयातित उपभोग वस्तुएं शामिल हैं और आयात घटाया नहीं गया तो क्या होगा?

What will happen if imported consumption goods are included in (PFCE) and imports are not subtracted?

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Correct Answer

A. GDP में विदेशी उत्पादन गलत तरीके से शामिल हो जाएगाForeign production will be wrongly included in GDP

Step 1

Concept

Imported goods are not domestic production. If imports are not subtracted GDP will be overstated.

Step 2

Why this answer is correct

The correct answer is A. GDP में विदेशी उत्पादन गलत तरीके से शामिल हो जाएगा / Foreign production will be wrongly included in GDP. Imported goods are not domestic production. If imports are not subtracted GDP will be overstated.

Step 3

Exam Tip

आयातित वस्तुएं घरेलू उत्पादन नहीं हैं। आयात न घटाने से GDP अधिक दिखाई देगा।

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व्यय विधि में (PFCE), (GFCE), (GCF), और (NX) को जोड़ने से कौन-सा माप सीधे प्राप्त होता है?

Which measure is directly obtained by adding (PFCE), (GFCE), (GCF), and (NX) in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{MP}\)

Step 1

Concept

The sum of these four components gives \(GDP_{MP}\). To get national income depreciation net indirect taxes and (NFIA) are adjusted.

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{MP}\). The sum of these four components gives \(GDP_{MP}\). To get national income depreciation net indirect taxes and (NFIA) are adjusted.

Step 3

Exam Tip

इन चार घटकों का योग \(GDP_{MP}\) देता है। राष्ट्रीय आय पाने के लिए मूल्यह्रास शुद्ध अप्रत्यक्ष कर और (NFIA) समायोजित होते हैं।

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यदि \(GDP_{MP}=9000\), \(GNP_{MP}=9300\), तो (NFIA) कितना है?

If \(GDP_{MP}=9000\), \(GNP_{MP}=9300\), what is (NFIA)?

Explanation opens after your attempt
Correct Answer

C. 300

Step 1

Concept

\(GNP_{MP}=GDP_{MP}+NFIA\). Therefore (NFIA=9300-9000=300).

Step 2

Why this answer is correct

The correct answer is C. 300. \(GNP_{MP}=GDP_{MP}+NFIA\). Therefore (NFIA=9300-9000=300).

Step 3

Exam Tip

\(GNP_{MP}=GDP_{MP}+NFIA\) है। इसलिए (NFIA=9300-9000=300) होगा।

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व्यय विधि में विदेशी कंपनी को घरेलू उपभोक्ता द्वारा खरीदी गई घरेलू स्तर पर उत्पादित सेवा कैसे गिनी जाएगी?

How will a domestically produced service bought by a domestic consumer from a foreign company be counted in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. घरेलू उत्पादन होने के कारण GDP में शामिल हो सकती हैIt can be included in GDP because it is domestic production

Step 1

Concept

Place of production matters in GDP. If the service is produced within domestic territory it can enter GDP despite foreign ownership.

Step 2

Why this answer is correct

The correct answer is A. घरेलू उत्पादन होने के कारण GDP में शामिल हो सकती है / It can be included in GDP because it is domestic production. Place of production matters in GDP. If the service is produced within domestic territory it can enter GDP despite foreign ownership.

Step 3

Exam Tip

GDP में उत्पादन का स्थान महत्वपूर्ण है। यदि सेवा घरेलू सीमा में उत्पादित है तो विदेशी स्वामित्व के बावजूद GDP में आ सकती है।

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यदि \(GDP_{MP}=10000\), मूल्यह्रास (=800), (NIT=900), और राष्ट्रीय आय (=8500) है तो (NFIA) कितना होगा?

If \(GDP_{MP}=10000\), depreciation (=800), (NIT=900), and national income (=8500), what is (NFIA)?

Explanation opens after your attempt
Correct Answer

B. 200

Step 1

Concept

(8500=10000-800-900+NFIA). Therefore (NFIA=200).

Step 2

Why this answer is correct

The correct answer is B. 200. (8500=10000-800-900+NFIA). Therefore (NFIA=200).

Step 3

Exam Tip

(8500=10000-800-900+NFIA) है। इसलिए (NFIA=200) होगा।

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