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

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यदि \(GDP_{FC}\) से \(NNP_{FC}\) निकालना हो, तो कौन-सा formula सही है?

If \(NNP_{FC}\) is to be derived from \(GDP_{FC}\), which formula is correct?

Explanation opens after your attempt
Correct Answer

A. \(NNP_{FC}=GDP_{FC}+NFIA-Depreciation\)

Step 1

Concept

\(GDP_{FC}\) is domestic and gross. For \(NNP_{FC}\), add (NFIA) and deduct depreciation.

Step 2

Why this answer is correct

The correct answer is A. \(NNP_{FC}=GDP_{FC}+NFIA-Depreciation\). \(GDP_{FC}\) is domestic and gross. For \(NNP_{FC}\), add (NFIA) and deduct depreciation.

Step 3

Exam Tip

\(GDP_{FC}\) domestic और gross है। \(NNP_{FC}\) के लिए (NFIA) जोड़ें और depreciation घटाएं।

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यदि \(GDP_{FC}=7500\) करोड़, (NFIA=180) करोड़ और depreciation (620) करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{FC}=7500\) crore, (NFIA=180) crore and depreciation is (620) crore, what will be \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

C. 7060 करोड़7060 crore

Step 1

Concept

\(NNP_{FC}=7500+180-620=7060\) crore. The FC basis is same, so (NIT) is not needed.

Step 2

Why this answer is correct

The correct answer is C. 7060 करोड़ / 7060 crore. \(NNP_{FC}=7500+180-620=7060\) crore. The FC basis is same, so (NIT) is not needed.

Step 3

Exam Tip

\(NNP_{FC}=7500+180-620=7060\) करोड़ होगा। FC basis समान है इसलिए (NIT) की जरूरत नहीं होती।

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यदि \(NNP_{FC}\) से \(GDP_{MP}\) निकालना है, तो कौन-सा adjustment set सही है?

If \(GDP_{MP}\) is to be derived from \(NNP_{FC}\), which adjustment set is correct?

Explanation opens after your attempt
Correct Answer

A. Depreciation जोड़ें, (NFIA) घटाएं और (NIT) जोड़ेंAdd depreciation, deduct (NFIA) and add (NIT)

Step 1

Concept

From \(NNP_{FC}\), add depreciation to make it gross. Deduct (NFIA) for domestic and add (NIT) for MP.

Step 2

Why this answer is correct

The correct answer is A. Depreciation जोड़ें, (NFIA) घटाएं और (NIT) जोड़ें / Add depreciation, deduct (NFIA) and add (NIT). From \(NNP_{FC}\), add depreciation to make it gross. Deduct (NFIA) for domestic and add (NIT) for MP.

Step 3

Exam Tip

\(NNP_{FC}\) से gross बनाने के लिए depreciation जोड़ते हैं। Domestic बनाने को (NFIA) घटाते और MP बनाने को (NIT) जोड़ते हैं।

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यदि \(NNP_{FC}=7200\) करोड़, depreciation (800) करोड़, (NFIA=300) करोड़ और (NIT=450) करोड़ है, तो \(GDP_{MP}\) कितना होगा?

If \(NNP_{FC}=7200\) crore, depreciation is (800) crore, (NFIA=300) crore and (NIT=450) crore, what will be \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 8150 करोड़8150 crore

Step 1

Concept

\(GDP_{MP}=7200+800-300+450=8150\) crore. In reverse conversion, (NFIA) is deducted for national to domestic.

Step 2

Why this answer is correct

The correct answer is A. 8150 करोड़ / 8150 crore. \(GDP_{MP}=7200+800-300+450=8150\) crore. In reverse conversion, (NFIA) is deducted for national to domestic.

Step 3

Exam Tip

\(GDP_{MP}=7200+800-300+450=8150\) करोड़ होगा। Reverse conversion में national से domestic के लिए (NFIA) घटता है।

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यदि current price NNP और real NNP दोनों बढ़ते हैं, तो सबसे मजबूत निष्कर्ष क्या होगा?

If both current price NNP and real NNP increase, what is the strongest conclusion?

Explanation opens after your attempt
Correct Answer

A. वास्तविक उत्पादन या वास्तविक आय में वृद्धि हुई हैReal output or real income has increased

Step 1

Concept

Real NNP removes the price effect. Therefore, a rise in real NNP indicates real growth.

Step 2

Why this answer is correct

The correct answer is A. वास्तविक उत्पादन या वास्तविक आय में वृद्धि हुई है / Real output or real income has increased. Real NNP removes the price effect. Therefore, a rise in real NNP indicates real growth.

Step 3

Exam Tip

Real NNP में price effect हटाया जाता है। इसलिए real NNP बढ़ना वास्तविक वृद्धि का संकेत देता है।

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यदि nominal NNP (15%) बढ़ा और price level (5%) बढ़ा, तो approximate real NNP growth क्या होगी?

If nominal NNP rises by (15%) and price level rises by (5%), what will be approximate real NNP growth?

Explanation opens after your attempt
Correct Answer

A. (10%)

Step 1

Concept

Approximate real growth can be taken as nominal growth minus inflation. Here it is (15%-5%=10%).

Step 2

Why this answer is correct

The correct answer is A. (10%). Approximate real growth can be taken as nominal growth minus inflation. Here it is (15%-5%=10%).

Step 3

Exam Tip

Approximate real growth nominal growth minus inflation के बराबर मानी जा सकती है। यहां (15%-5%=10%) होगा।

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यदि nominal NNP बढ़ रहा है पर real NNP घट रहा है, तो कौन-सा interpretation सबसे उचित है?

If nominal NNP is rising but real NNP is falling, which interpretation is most appropriate?

Explanation opens after your attempt
Correct Answer

A. कीमतों की वृद्धि ने वास्तविक गिरावट को छिपा दिया हैPrice rise has hidden a real decline

Step 1

Concept

Nominal value can rise due to price rise. If real NNP falls, real output or income is decreasing.

Step 2

Why this answer is correct

The correct answer is A. कीमतों की वृद्धि ने वास्तविक गिरावट को छिपा दिया है / Price rise has hidden a real decline. Nominal value can rise due to price rise. If real NNP falls, real output or income is decreasing.

Step 3

Exam Tip

Nominal value price rise से बढ़ सकती है। Real NNP घटे तो वास्तविक उत्पादन या आय कम हो रही है।

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यदि \(GDP_{MP}=12000\) करोड़, \(NNP_{FC}=10300\) करोड़, (NIT=600) करोड़ और depreciation (900) करोड़ है, तो (NFIA) कितना होगा?

If \(GDP_{MP}=12000\) crore, \(NNP_{FC}=10300\) crore, (NIT=600) crore and depreciation is (900) crore, what will be (NFIA)?

Explanation opens after your attempt
Correct Answer

A. -200 करोड़-200 crore

Step 1

Concept

(NFIA=10300-12000+900+600=-200) crore. Rearrange \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\).

Step 2

Why this answer is correct

The correct answer is A. -200 करोड़ / -200 crore. (NFIA=10300-12000+900+600=-200) crore. Rearrange \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\).

Step 3

Exam Tip

(NFIA=10300-12000+900+600=-200) करोड़ होगा। \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\) को rearrange करें।

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यदि किसी option में \(GDP_{MP}\) से \(NNP_{FC}\) तक जाते समय depreciation जोड़ा गया है, तो वह option क्यों गलत है?

If an option adds depreciation while moving from \(GDP_{MP}\) to \(NNP_{FC}\), why is it wrong?

Explanation opens after your attempt
Correct Answer

A. क्योंकि gross से net जाने पर depreciation घटता हैBecause depreciation is deducted when moving from gross to net

Step 1

Concept

\(GDP_{MP}\) is a gross aggregate and \(NNP_{FC}\) is a net aggregate. Therefore, depreciation should be deducted, not added.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि gross से net जाने पर depreciation घटता है / Because depreciation is deducted when moving from gross to net. \(GDP_{MP}\) is a gross aggregate and \(NNP_{FC}\) is a net aggregate. Therefore, depreciation should be deducted, not added.

Step 3

Exam Tip

\(GDP_{MP}\) gross aggregate है और \(NNP_{FC}\) net aggregate है। इसलिए depreciation जोड़ना नहीं, घटाना चाहिए।

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