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

Economics National Income and Related Aggregates Real GDP and Nominal GDP Hard Class 12 Level 20

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Question 1/2 Hard Economics National Income and Related Aggregates Methods of calculating national income - Income Method Class 12 Level 20

आय विधि में \(GDP_{MP}\) से \(NDP_{FC}\) पर जाने के लिए कौन-से समायोजन चाहिए?

In the income method what adjustments are needed to move from \(GDP_{MP}\) to \(NDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. मूल्यह्रास और शुद्ध अप्रत्यक्ष कर घटाने होंगेDepreciation and net indirect taxes must be subtracted

Step 1

Concept

To convert \(GDP_{MP}\) into net and factor cost measure depreciation and (NIT) are subtracted. This gives \(NDP_{FC}\).

Step 2

Why this answer is correct

The correct answer is A. मूल्यह्रास और शुद्ध अप्रत्यक्ष कर घटाने होंगे / Depreciation and net indirect taxes must be subtracted. To convert \(GDP_{MP}\) into net and factor cost measure depreciation and (NIT) are subtracted. This gives \(NDP_{FC}\).

Step 3

Exam Tip

\(GDP_{MP}\) को शुद्ध और कारक लागत पर बदलने के लिए मूल्यह्रास और (NIT) घटाए जाते हैं। इससे \(NDP_{FC}\) प्राप्त होता है।

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Question 2/2 Hard Economics National Income and Related Aggregates Methods of calculating national income - Income Method Class 12 Level 20

यदि \(GDP_{MP}=5000\), मूल्यह्रास (=400), (NIT=600), और (NFIA=100) है तो आय विधि से राष्ट्रीय आय कितनी होगी?

If \(GDP_{MP}=5000\), depreciation (=400), (NIT=600), and (NFIA=100), what will be national income by adjustment?

Explanation opens after your attempt
Correct Answer

C. 4100

Step 1

Concept

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (5000-400-600+100=4100).

Step 2

Why this answer is correct

The correct answer is C. 4100. \(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (5000-400-600+100=4100).

Step 3

Exam Tip

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\) है। इसलिए (5000-400-600+100=4100) होगा।

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