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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 depreciation is deducted from GVA at market prices, but net indirect taxes are not deducted, which measure is obtained?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIn the value added method, what is the main purpose of adjusting for changes in stocks?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA final good is valued at ₹5,00,000. Value added in three earlier stages is ₹90,000, ₹1,40,000 and ₹1,10,000. What is the value added by the final seller?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsUnder the value-added (product) method, which of the following is included in the value added of a manufacturing unit?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsWhat is the most appropriate valuation method for government non-market services in the value-added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIn which situation can the same good be both intermediate and final?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsMediumEconomicsIf a producer pays ₹3,00,000 for raw materials, ₹90,000 as rent, ₹2,20,000 as wages and ₹50,000 for electricity input, what amount is treated as intermediate consumption?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsWhile estimating the current year’s GDP by the product method, which of the following is included?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsWhy is imputed rent of an owner-occupied house included in the value-added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA factory pays ₹40,000 for outsourced security services. The security company pays guard wages of ₹28,000 and purchases uniforms costing ₹4,000. What is the security company’s GVA at market price (GVA₍MP₎)?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIn a multistage production process, a farmer’s value added is ₹32,000, a mill’s is ₹18,000, a bakery’s is ₹25,000 and a retailer’s trade margin is ₹15,000. What is the value of the final good?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf NVA at factor cost (NVA₍FC₎) is ₹12,40,000, depreciation is ₹1,60,000 and net indirect tax is ₹−45,000, what is GVA at market price (GVA₍MP₎)?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsWhy is the principal amount of a bank loan taken by a producer not included in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsA firm's total receipts are ₹18,00,000, including ₹1,20,000 from the sale of an old machine and ₹80,000 from a current-year brokerage service. If the remaining receipts are sales of current output, closing stock is ₹50,000 and opening stock is ₹90,000, what is the value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf a trader buys goods for ₹5,20,000, sells them for ₹6,10,000, and spends ₹18,000 on storage and ₹12,000 on advertising services, what is his GVA at market price?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsWhich combination is most accurate for avoiding double counting in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsAn industry has GVA at market price of ₹9,60,000, depreciation of ₹1,10,000, production tax of ₹90,000, product tax of ₹70,000, and production subsidy of ₹50,000. What is NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsIf a unit has sales of ₹14,50,000, closing stock of ₹2,10,000, opening stock of ₹1,75,000, own-use output of ₹60,000, and intermediate consumption of ₹8,25,000, what is its GVA at market price?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodHardEconomicsWhat is the correct final step in the value added method when the objective is to find national income?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMediumEconomicsIf NVA at factor cost of the secondary sector is ₹850 crore and of the tertiary sector is ₹1,150 crore, and total domestic income is ₹2,700 crore, what is NVA at factor cost of the primary sector?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodMedium

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