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Economics Aggregates related to national income - GDP MCQ Questions for Class 12 General

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15 topics
01 Practice Topic What is Macroeconomics? 600 MCQs 02 Practice Topic Consumption goods, capital goods, final goods, intermediate goods 600 MCQs 03 Practice Topic Stocks and flows 600 MCQs 04 Practice Topic Gross investment and depreciation 600 MCQs 05 Practice Topic Circular flow of income: two-sector model 501 MCQs 06 Practice Topic Methods of calculating national income - Value Added/Product Method 377 MCQs 07 Practice Topic Methods of calculating national income - Expenditure Method 354 MCQs 08 Practice Topic Methods of calculating national income - Income Method 361 MCQs

Aggregates related to national income - GDP Practice Questions

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Question 191/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP deflator का basic formula कौन-सा है?

What is the basic formula of GDP deflator?

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A. \(\frac{Nominal\ GDP}{Real\ GDP}\times 100\)

Explanation

Simple Explanation

GDP deflator nominal और real GDP के अनुपात से price level दिखाता है। Formula में nominal ऊपर और real नीचे रखें। / GDP deflator shows price level using the ratio of nominal and real GDP. Keep nominal above and real below in the formula.

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Question 192/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

यदि nominal GDP (15000) करोड़ और real GDP (12500) करोड़ है, तो GDP deflator कितना होगा?

If nominal GDP is (15000) crore and real GDP is (12500) crore, what will be the GDP deflator?

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Correct Answer

A. 120

Explanation

Simple Explanation

GDP deflator \(=\frac{15000}{12500}\times 100=120\)। Deflator (100) से अधिक हो तो price level base से ऊपर है। / GDP deflator \(=\frac{15000}{12500}\times 100=120\). If the deflator is above (100), price level is above the base.

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Question 193/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

यदि real GDP बढ़ता है, तो इसका सबसे सीधा अर्थ क्या है?

If real GDP rises, what is its most direct meaning?

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A. वास्तविक उत्पादन बढ़ा हैReal output has increased

Explanation

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Real GDP price effect हटाकर output दिखाता है। इसलिए real GDP growth वास्तविक उत्पादन वृद्धि का संकेत है। / Real GDP shows output after removing price effect. Therefore, real GDP growth indicates an increase in real production.

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Question 194/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

यदि current price GDP (12%) बढ़ा और prices भी लगभग (12%) बढ़ीं, तो real GDP के बारे में क्या कहा जा सकता है?

If current price GDP rises by (12%) and prices also rise by about (12%), what can be said about real GDP?

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A. लगभग स्थिरAlmost constant

Explanation

Simple Explanation

Nominal growth price rise से ही explain हो रही है। इसलिए real output लगभग स्थिर माना जा सकता है। / The nominal growth is being explained by price rise itself. Therefore, real output can be considered almost constant.

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Question 195/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

Per capita GDP का उपयोग किस बात को समझने में होता है?

Per capita GDP is used to understand what?

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A. औसत घरेलू उत्पादन या आय प्रति व्यक्तिAverage domestic output or income per person

Explanation

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Per capita GDP total GDP को population से भाग देकर मिलता है। यह average level दिखाता है, distribution नहीं। / Per capita GDP is obtained by dividing total GDP by population. It shows the average level, not distribution.

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Question 196/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP उच्च होने पर भी गरीबी क्यों रह सकती है?

Why can poverty exist even when GDP is high?

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A. क्योंकि GDP आय वितरण नहीं बताताBecause GDP does not show income distribution

Explanation

Simple Explanation

GDP total output बताता है लेकिन income distribution नहीं दिखाता। Welfare analysis में inequality को भी देखें। / GDP shows total output but not income distribution. Also check inequality in welfare analysis.

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Question 197/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP में pollution control पर खर्च बढ़ने से GDP बढ़ सकता है, लेकिन welfare पर क्या सावधानी है?

GDP may rise due to higher spending on pollution control, but what caution applies to welfare?

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A. Pollution damage के कारण welfare जरूरी नहीं बढ़ेWelfare may not rise due to pollution damage

Explanation

Simple Explanation

Pollution control spending GDP में जुड़ सकता है लेकिन pollution itself welfare घटा सकता है। GDP को welfare का पूर्ण measure न मानें। / Pollution control spending can add to GDP, but pollution itself can reduce welfare. Do not treat GDP as a complete measure of welfare.

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Question 198/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP में leisure time को सीधे न मापने से क्या सीमा बनती है?

What limitation arises because GDP does not directly measure leisure time?

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A. जीवन गुणवत्ता का आकलन अधूरा हो सकता हैQuality of life assessment may be incomplete

Explanation

Simple Explanation

GDP monetary output मापता है, leisure जैसी non-market quality नहीं। इसलिए welfare comparison में सावधानी रखें। / GDP measures monetary output, not non-market quality like leisure. Therefore, be careful in welfare comparison.

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Question 199/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP में natural disaster के बाद repair spending बढ़ने पर क्या समझना चाहिए?

What should be understood if repair spending rises after a natural disaster in GDP?

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A. GDP बढ़ सकता है, लेकिन welfare loss भी हो सकता हैGDP may rise, but welfare loss may also occur

Explanation

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Repair spending current production के रूप में GDP बढ़ा सकता है। लेकिन disaster से हुई हानि welfare घटा सकती है। / Repair spending can raise GDP as current production. But damage from the disaster can reduce welfare.

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Question 200/521 Medium Economics National Income and Related Aggregates Aggregates related to national income - GDP Class 12 Level 29

GDP में नए software development को कैसे माना जा सकता है?

How can new software development be treated in GDP?

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A. Current production या investment के रूप में शामिलIncluded as current production or investment

Explanation

Simple Explanation

नई software creation current service or intangible investment हो सकती है। GDP current production को शामिल करता है। / New software creation can be current service or intangible investment. GDP includes current production.

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