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Class 12 Mcq

Class 12 Economics के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

EconomicsA firm's GVA at market prices is reported as ₹16,00,000, but interest payment of ₹1,10,000 was deducted as intermediate consumption. What is the correct GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf a firm sends finished goods worth ₹2,20,000 to its own branch and sells ₹11,30,000 in the market, what is the effect of goods sent to branch on value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf GVA at market price, depreciation, indirect tax, and subsidy are given, which sequence is correct for finding NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIn the value-added method, which of the following is treated as intermediate consumption?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsEasyEconomicsA non-market government service has wages of ₹15 crore, intermediate consumption of ₹4 crore, and consumption of fixed capital of ₹2 crore. What is its output value generally taken to be?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsUnder the production method of national-income accounting, where is NVA at factor cost generated within India’s domestic territory by a foreign company first included?Class 12National Income and Related AggregatesMethods of calculating national income - Income MethodHardEconomicsWhat error in the value-added method can result from an incorrect adjustment for change in inventories?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf the final good has a value of ₹8,40,000 and the value added at four preceding stages is ₹1,20,000, ₹1,75,000, ₹2,10,000 and ₹95,000, what is the value added by the final seller?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA reported value of output wrongly includes the ₹3,40,000 sale of an old machine and omits a ₹55,000 installation service provided in the current year. What net correction is needed?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf primary sector NVA at factor cost is ₹2,350 crore, secondary sector NVA is ₹3,140 crore, tertiary sector NVA is ₹4,510 crore and NFIA is ₹220 crore, what is national income?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodEasyEconomicsHow should chemicals used in a school laboratory and teachers’ salaries be treated in the value-added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsWhen a producer uses a new server computer for several years and an internet data service during the current year, how are they classified in the value-added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsUnder the value-added method, which of the following is included in the domestic product of the current year?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf a producer uses imported raw material ₹4,50,000, domestic raw material ₹2,75,000 and outsourced service ₹60,000, what will be intermediate consumption?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodEasyEconomicsWhy is an unpaid cooking service provided by a family member for their own household generally excluded from measured production in the value-added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf domestic income is ₹8,250 crore, factor income received from abroad ₹620 crore and factor income paid abroad ₹780 crore, what is national income?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsWhy is NFIA used to move from domestic income to national income?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf closing stock is ₹1,15,000 more than opening stock and sales are ₹12,75,000, what is value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsThe value of output is ₹32 lakh and GVA at market prices (GVAₘₚ) is ₹13.5 lakh. If intermediate services cost ₹4.2 lakh, what is the value of intermediate goods used as inputs?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA firm's total receipts are ₹24,00,000 including ₹2,50,000 sale of an old asset and ₹70,000 current-year repair service income. If closing stock is ₹1,10,000 and opening stock is ₹1,60,000, what is the value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHard

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