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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।

EconomicsIf a firm wrongly included wages of ₹3,20,000 in intermediate consumption and calculated GVA at market prices as ₹8,40,000, what is the correct GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsA producing unit has GVA at market prices ₹13,50,000, depreciation ₹1,80,000, product tax ₹1,40,000, production tax ₹60,000 and total subsidies ₹90,000. What is NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf a firm's sales are ₹18,40,000, closing stock ₹2,80,000, opening stock ₹3,25,000, own-use finished goods ₹75,000 and intermediate consumption ₹9,60,000, what is GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIn an expert-level numerical question, what is the safest sequence to calculate NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsA producer paid raw material ₹7 lakh, packing ₹1 lakh, outsourced IT service ₹2 lakh, wages ₹5 lakh and interest ₹1.5 lakh. What is intermediate consumption?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf a firm's GVA at market prices is known and it must be converted to national income, why is adding only that firm's NFIA not sufficient?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsWhat is the biggest measurement problem due to illegal or informal production in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf a producing unit has negative NVA at factor cost while aggregating units’ NVA at factor cost, what is the correct expert-level approach?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodExpertEconomicsIn the product method, which item is deducted from a producer’s value of output to obtain value added and avoid double counting?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodEasyEconomicsA producer spends ₹80,000 on ordinary factory-building repairs and ₹9,00,000 on constructing a new building. Which item is more appropriately treated as intermediate consumption in value added?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIn the value added method, how may a normal business insurance premium paid by a producer to an insurance company be treated?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf a firm gives part of its produced goods to employees as payment in kind, how should those goods be treated in the value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA producer’s total output is ₹25,00,000, NVA at factor cost (NVA_FC) is ₹11,40,000, depreciation is ₹1,60,000, and net indirect taxes are ₹70,000. What is intermediate consumption?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf GVA at market prices, depreciation, product tax and product subsidy are given, which formula correctly calculates NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsUnder the value added method, how is a property broker's commission in the current year on the sale of an old house treated?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsWhen converting GVA at market prices to GVA at factor cost, what adjustment is made for taxes such as GST?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsFor the government service described above, if value of output is ₹12 crore and intermediate consumption is ₹2 crore, what is GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA non-market government service has wage cost of ₹9 crore, intermediate consumption of ₹2 crore and depreciation of ₹1 crore. What is its value of output generally taken as?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA foreign-owned factory operating within a country's domestic territory generates NVA at factor cost of ₹300 crore. In the production method, where is this amount first included?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf only net indirect tax is deducted from GVA at market prices and depreciation is not deducted, which measure is obtained?Class 12National Income and Related AggregatesAggregates related to national income - Market price and factor costHard

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