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 22

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Question 1/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=9000\), विदेश से प्राप्त कारक आय (=700), और विदेश को दी गई कारक आय (=950) है तो \(GNP_{MP}\) कितना होगा?

If \(GDP_{MP}=9000\), factor income received from abroad (=700), and factor income paid abroad (=950), what will be \(GNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 8750

Step 1

Concept

(NFIA=700-950=-250). Therefore \(GNP_{MP}=9000-250=8750\).

Step 2

Why this answer is correct

The correct answer is A. 8750. (NFIA=700-950=-250). Therefore \(GNP_{MP}=9000-250=8750\).

Step 3

Exam Tip

(NFIA=700-950=-250) है। इसलिए \(GNP_{MP}=9000-250=8750\) होगा।

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Question 2/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GNP_{MP}=7600\) और (NFIA=-400) है तो \(GDP_{MP}\) कितना होगा?

If \(GNP_{MP}=7600\) and (NFIA=-400), what will be \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. 8000

Step 1

Concept

\(GNP_{MP}=GDP_{MP}+NFIA\). So \(7600=GDP_{MP}-400\), hence \(GDP_{MP}=8000\).

Step 2

Why this answer is correct

The correct answer is C. 8000. \(GNP_{MP}=GDP_{MP}+NFIA\). So \(7600=GDP_{MP}-400\), hence \(GDP_{MP}=8000\).

Step 3

Exam Tip

\(GNP_{MP}=GDP_{MP}+NFIA\) है। इसलिए \(7600=GDP_{MP}-400\), अतः \(GDP_{MP}=8000\) होगा।

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Question 3/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

किस स्थिति में \(GNP_{MP}\), \(GDP_{MP}\) से कम होगा?

In which situation will \(GNP_{MP}\) be less than \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. जब विदेश से प्राप्त कारक आय विदेश को दी गई कारक आय से कम होWhen factor income received from abroad is less than factor income paid abroad

Step 1

Concept

When factor income paid abroad is higher, (NFIA) is negative. Negative (NFIA) makes (GNP) less than (GDP).

Step 2

Why this answer is correct

The correct answer is C. जब विदेश से प्राप्त कारक आय विदेश को दी गई कारक आय से कम हो / When factor income received from abroad is less than factor income paid abroad. When factor income paid abroad is higher, (NFIA) is negative. Negative (NFIA) makes (GNP) less than (GDP).

Step 3

Exam Tip

जब विदेश को दी गई कारक आय अधिक होती है तो (NFIA) ऋणात्मक होता है। ऋणात्मक (NFIA) (GNP) को (GDP) से कम कर देता है।

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Question 4/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=12000\), \(GNP_{MP}=12450\), और विदेश को दी गई कारक आय (=650) है तो विदेश से प्राप्त कारक आय कितनी होगी?

If \(GDP_{MP}=12000\), \(GNP_{MP}=12450\), and factor income paid abroad (=650), what is factor income received from abroad?

Explanation opens after your attempt
Correct Answer

C. 1100

Step 1

Concept

(NFIA=12450-12000=450). Since (NFIA=Received-Paid), (Received=450+650=1100).

Step 2

Why this answer is correct

The correct answer is C. 1100. (NFIA=12450-12000=450). Since (NFIA=Received-Paid), (Received=450+650=1100).

Step 3

Exam Tip

(NFIA=12450-12000=450) है। (NFIA=Received-Paid), इसलिए (Received=450+650=1100)।

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Question 5/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

जीएनपी और जीडीपी के बीच अंतर करते समय घरेलू सीमा और सामान्य निवासी में कौन-सा संबंध सही है?

While distinguishing GNP and GDP, which relation between domestic territory and normal resident is correct?

Explanation opens after your attempt
Correct Answer

B. जीडीपी घरेलू सीमा पर और जीएनपी सामान्य निवासी पर आधारित हैGDP is based on domestic territory and GNP on normal resident

Step 1

Concept

GDP is product of domestic territory while GNP is national product of normal residents. This difference is adjusted through (NFIA).

Step 2

Why this answer is correct

The correct answer is B. जीडीपी घरेलू सीमा पर और जीएनपी सामान्य निवासी पर आधारित है / GDP is based on domestic territory and GNP on normal resident. GDP is product of domestic territory while GNP is national product of normal residents. This difference is adjusted through (NFIA).

Step 3

Exam Tip

जीडीपी घरेलू सीमा का उत्पाद है जबकि जीएनपी सामान्य निवासियों का राष्ट्रीय उत्पाद है। यही अंतर (NFIA) से समायोजित होता है।

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Question 6/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{FC}=6400\), (NIT=500), और (NFIA=300) है तो \(GNP_{MP}\) कितना होगा?

If \(GDP_{FC}=6400\), (NIT=500), and (NFIA=300), what will be \(GNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. 7200

Step 1

Concept

First \(GDP_{MP}=GDP_{FC}+NIT=6400+500=6900\). Then \(GNP_{MP}=6900+300=7200\).

Step 2

Why this answer is correct

The correct answer is C. 7200. First \(GDP_{MP}=GDP_{FC}+NIT=6400+500=6900\). Then \(GNP_{MP}=6900+300=7200\).

Step 3

Exam Tip

पहले \(GDP_{MP}=GDP_{FC}+NIT=6400+500=6900\) होगा। फिर \(GNP_{MP}=6900+300=7200\) होगा।

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Question 7/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि किसी देश का (GDP) अधिक है लेकिन (NFIA) बहुत ऋणात्मक है, तो (GNP) के बारे में कौन-सा निष्कर्ष सही हो सकता है?

If a country has high (GDP) but highly negative (NFIA), which conclusion about (GNP) can be correct?

Explanation opens after your attempt
Correct Answer

A. (GNP), (GDP) से काफी कम हो सकता है(GNP) may be much lower than (GDP)

Step 1

Concept

Negative (NFIA) is subtracted from (GDP). Therefore highly negative (NFIA) can make (GNP) much lower.

Step 2

Why this answer is correct

The correct answer is A. (GNP), (GDP) से काफी कम हो सकता है / (GNP) may be much lower than (GDP). Negative (NFIA) is subtracted from (GDP). Therefore highly negative (NFIA) can make (GNP) much lower.

Step 3

Exam Tip

ऋणात्मक (NFIA) (GDP) से घटता है। इसलिए बहुत अधिक ऋणात्मक (NFIA) (GNP) को काफी कम कर सकता है।

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Question 8/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=5000\), \(GNP_{MP}=5300\), और विदेश से प्राप्त कारक आय (=900) है तो विदेश को दी गई कारक आय कितनी होगी?

If \(GDP_{MP}=5000\), \(GNP_{MP}=5300\), and factor income received from abroad (=900), what is factor income paid abroad?

Explanation opens after your attempt
Correct Answer

B. 600

Step 1

Concept

(NFIA=5300-5000=300). Since (300=900-Paid), (Paid=600).

Step 2

Why this answer is correct

The correct answer is B. 600. (NFIA=5300-5000=300). Since (300=900-Paid), (Paid=600).

Step 3

Exam Tip

(NFIA=5300-5000=300) है। (300=900-Paid), इसलिए (Paid=600) होगा।

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Question 9/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

जीएनपी के संदर्भ में देश में विदेशी स्वामित्व वाली फैक्ट्री का लाभ किस कारण पूरी तरह राष्ट्रीय उत्पाद नहीं माना जाता?

In the context of GNP, why is profit of a foreign-owned factory in the country not fully treated as national product?

Explanation opens after your attempt
Correct Answer

B. क्योंकि जीएनपी सामान्य निवासियों की आय से जुड़ा हैBecause GNP is related to income of normal residents

Step 1

Concept

Profit of a foreign-owned factory can enter GDP, but GNP is based on normal residents. Therefore adjustment is made through (NFIA).

Step 2

Why this answer is correct

The correct answer is B. क्योंकि जीएनपी सामान्य निवासियों की आय से जुड़ा है / Because GNP is related to income of normal residents. Profit of a foreign-owned factory can enter GDP, but GNP is based on normal residents. Therefore adjustment is made through (NFIA).

Step 3

Exam Tip

विदेशी स्वामित्व वाली फैक्ट्री का लाभ जीडीपी में आ सकता है पर जीएनपी में सामान्य निवासियों का आधार महत्वपूर्ण है। इसलिए (NFIA) से समायोजन होता है।

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Question 10/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=15000\), विदेश से प्राप्त कारक आय (=1100), विदेश को दी गई कारक आय (=1600), मूल्यह्रास (=900), और (NIT=1000) है तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{MP}=15000\), factor income received from abroad (=1100), factor income paid abroad (=1600), depreciation (=900), and (NIT=1000), what will be \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. 12600

Step 1

Concept

(NFIA=1100-1600=-500) and \(GNP_{MP}=14500\). Therefore \(NNP_{FC}=14500-900-1000=12600\).

Step 2

Why this answer is correct

The correct answer is A. 12600. (NFIA=1100-1600=-500) and \(GNP_{MP}=14500\). Therefore \(NNP_{FC}=14500-900-1000=12600\).

Step 3

Exam Tip

(NFIA=1100-1600=-500) और \(GNP_{MP}=14500\) है। इसलिए \(NNP_{FC}=14500-900-1000=12600\) होगा।

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Question 11/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GNP_{MP}\) \(GDP_{MP}\) से अधिक है तो निम्न में से कौन-सा निष्कर्ष सबसे उचित है?

If \(GNP_{MP}\) is greater than \(GDP_{MP}\), which conclusion is most appropriate?

Explanation opens after your attempt
Correct Answer

B. विदेश से प्राप्त शुद्ध कारक आय धनात्मक हैNet factor income from abroad is positive

Step 1

Concept

When (GNP) is greater than (GDP), (NFIA) is positive. It means net factor income has been received from abroad.

Step 2

Why this answer is correct

The correct answer is B. विदेश से प्राप्त शुद्ध कारक आय धनात्मक है / Net factor income from abroad is positive. When (GNP) is greater than (GDP), (NFIA) is positive. It means net factor income has been received from abroad.

Step 3

Exam Tip

जब (GNP), (GDP) से अधिक होता है तो (NFIA) धनात्मक होता है। इसका अर्थ है विदेश से शुद्ध कारक आय प्राप्त हुई है।

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Question 12/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=10000\), (NFIA=500), (NIT=700), और मूल्यह्रास (=800) है तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{MP}=10000\), (NFIA=500), (NIT=700), and depreciation (=800), what will be \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

B. 9000

Step 1

Concept

First \(GNP_{MP}=10000+500=10500\). Then \(NNP_{FC}=10500-800-700=9000\).

Step 2

Why this answer is correct

The correct answer is B. 9000. First \(GNP_{MP}=10000+500=10500\). Then \(NNP_{FC}=10500-800-700=9000\).

Step 3

Exam Tip

पहले \(GNP_{MP}=10000+500=10500\) है। फिर \(NNP_{FC}=10500-800-700=9000\) होगा।

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Question 13/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि (NFIA=0) हो, लेकिन मूल्यह्रास अधिक हो, तो (GNP) और (GDP) का संबंध क्या रहेगा?

If (NFIA=0) but depreciation is high, what will be the relation between (GNP) and (GDP)?

Explanation opens after your attempt
Correct Answer

A. (GNP=GDP) रहेगा(GNP=GDP) will remain

Step 1

Concept

The difference between GNP and GDP is determined by (NFIA). Depreciation relates to the difference between GNP and NNP.

Step 2

Why this answer is correct

The correct answer is A. (GNP=GDP) रहेगा / (GNP=GDP) will remain. The difference between GNP and GDP is determined by (NFIA). Depreciation relates to the difference between GNP and NNP.

Step 3

Exam Tip

जीएनपी और जीडीपी का अंतर (NFIA) से तय होता है। मूल्यह्रास जीएनपी और एनएनपी के अंतर से जुड़ा है।

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Question 14/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि देश के निवासियों को विदेश से (400) कारक आय मिलती है और विदेशी निवासियों को देश से (400) कारक आय मिलती है, तो (GNP) पर (NFIA) का प्रभाव कैसा होगा?

If residents receive (400) factor income from abroad and foreign residents receive (400) factor income from the country, what will be the effect of (NFIA) on GNP?

Explanation opens after your attempt
Correct Answer

C. (GNP), (GDP) के बराबर होगा(GNP) will be equal to (GDP)

Step 1

Concept

Here (NFIA=400-400=0). Therefore (GNP) and (GDP) will be equal.

Step 2

Why this answer is correct

The correct answer is C. (GNP), (GDP) के बराबर होगा / (GNP) will be equal to (GDP). Here (NFIA=400-400=0). Therefore (GNP) and (GDP) will be equal.

Step 3

Exam Tip

यहां (NFIA=400-400=0) है। इसलिए (GNP) और (GDP) बराबर होंगे।

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Question 15/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GNP_{MP}=9000\), \(GDP_{MP}=9400\), और विदेश से प्राप्त कारक आय (=300) है तो विदेश को दी गई कारक आय कितनी होगी?

If \(GNP_{MP}=9000\), \(GDP_{MP}=9400\), and factor income received from abroad (=300), what is factor income paid abroad?

Explanation opens after your attempt
Correct Answer

C. 700

Step 1

Concept

(NFIA=9000-9400=-400). Since (-400=300-Paid), (Paid=700).

Step 2

Why this answer is correct

The correct answer is C. 700. (NFIA=9000-9400=-400). Since (-400=300-Paid), (Paid=700).

Step 3

Exam Tip

(NFIA=9000-9400=-400) है। (-400=300-Paid), इसलिए (Paid=700) होगा।

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Question 16/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=18000\), (NFIA=600), और \(GNP_{MP}\) से \(NNP_{MP}\) का अंतर (900) है तो \(NNP_{MP}\) कितना होगा?

If \(GDP_{MP}=18000\), (NFIA=600), and the difference between \(GNP_{MP}\) and \(NNP_{MP}\) is (900), what will be \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

B. 17700

Step 1

Concept

First \(GNP_{MP}=18000+600=18600\). The difference is depreciation (900), so \(NNP_{MP}=18600-900=17700\).

Step 2

Why this answer is correct

The correct answer is B. 17700. First \(GNP_{MP}=18000+600=18600\). The difference is depreciation (900), so \(NNP_{MP}=18600-900=17700\).

Step 3

Exam Tip

पहले \(GNP_{MP}=18000+600=18600\) है। अंतर मूल्यह्रास (900) है, इसलिए \(NNP_{MP}=18600-900=17700\) होगा।

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Question 17/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

किस स्थिति में \(GNP_{MP}\) और \(GDP_{MP}\) के बीच कोई अंतर नहीं रहेगा?

In which situation will there be no difference between \(GNP_{MP}\) and \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. जब विदेश से प्राप्त और विदेश को दी गई कारक आय बराबर होंWhen factor income received from abroad and paid abroad are equal

Step 1

Concept

If foreign factor income received and paid are equal, (NFIA=0). Then \(GNP_{MP}=GDP_{MP}\).

Step 2

Why this answer is correct

The correct answer is A. जब विदेश से प्राप्त और विदेश को दी गई कारक आय बराबर हों / When factor income received from abroad and paid abroad are equal. If foreign factor income received and paid are equal, (NFIA=0). Then \(GNP_{MP}=GDP_{MP}\).

Step 3

Exam Tip

यदि प्राप्त और दी गई विदेशी कारक आय बराबर है तो (NFIA=0) होगा। ऐसे में \(GNP_{MP}=GDP_{MP}\) होगा।

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Question 18/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GNP_{MP}\) ज्ञात है और \(GDP_{MP}\) निकालना है, तो किस सूत्र का उपयोग सही है?

If \(GNP_{MP}\) is known and \(GDP_{MP}\) has to be calculated, which formula is correct?

Explanation opens after your attempt
Correct Answer

B. \(GDP_{MP}=GNP_{MP}-NFIA\)

Step 1

Concept

Because \(GNP_{MP}=GDP_{MP}+NFIA\). Therefore \(GDP_{MP}=GNP_{MP}-NFIA\).

Step 2

Why this answer is correct

The correct answer is B. \(GDP_{MP}=GNP_{MP}-NFIA\). Because \(GNP_{MP}=GDP_{MP}+NFIA\). Therefore \(GDP_{MP}=GNP_{MP}-NFIA\).

Step 3

Exam Tip

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

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Question 19/19 Hard Economics National Income and Related Aggregates Aggregates related to national income - GNP Class 12 Level 22

यदि \(GDP_{MP}=22000\), \(GNP_{MP}=21700\), और विदेश को दी गई कारक आय (=1000) है तो विदेश से प्राप्त कारक आय कितनी होगी?

If \(GDP_{MP}=22000\), \(GNP_{MP}=21700\), and factor income paid abroad (=1000), what is factor income received from abroad?

Explanation opens after your attempt
Correct Answer

B. 700

Step 1

Concept

(NFIA=21700-22000=-300). Since (-300=Received-1000), (Received=700).

Step 2

Why this answer is correct

The correct answer is B. 700. (NFIA=21700-22000=-300). Since (-300=Received-1000), (Received=700).

Step 3

Exam Tip

(NFIA=21700-22000=-300) है। (-300=Received-1000), इसलिए (Received=700) होगा।

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