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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 country's nominal GDP doubled while real GDP remained unchanged. Other things being equal, what happened?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsWhat is measured by multiplying current-year quantities by current-year prices?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Easy EconomicsIf nominal GDP rises by 5% but the GDP deflator rises by 8%, what will approximately happen to real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsNominal GDP rises by 20% between two years but real GDP rises by only 8%. What is the best conclusion?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf the GDP deflator is 90, what is the most appropriate interpretation?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhich statement best describes a major limitation of nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf real GDP grows by 6 percent and the GDP deflator grows by 4 percent, what is the exact growth rate of nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsAn economy produces only wheat and cloth. Base-year prices are ₹20 for wheat and ₹100 for cloth. Current-year quantities are 50 and 10 units respectively. What is real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf nominal GDP is ₹800 crore and real GDP is ₹640 crore, what will be the GDP deflator?Class 12National Income and Related AggregatesGDP DeflatorLevel 37Medium EconomicsWhy are real GDP and nominal GDP equal in the base year?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIn a year output quantity rises by 10 percent and prices of all goods rise by 15 percent. Approximately how much will nominal GDP rise?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Hard EconomicsIf an economy has nominal GDP of ₹660 crore and a price index of 120, what will be its real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 37Medium EconomicsIf real GDP remains constant but the GDP deflator falls what will happen to nominal GDP?Class 12National Income and Related AggregatesGDP DeflatorLevel 39Medium EconomicsWhy is studying real and nominal GDP together useful?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsBased on the same data what will be the real GDP growth rate?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsReal GDP is two thousand crore rupees in one year and two thousand one hundred crore rupees in the next year. What is the amount of increase?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Easy EconomicsWhy is unpaid household work generally not included in real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsWhat problem arises when underground or informal activities are underrecorded in real GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsIf the quality of a good improves while its price also rises, what caution is needed when interpreting nominal GDP?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium EconomicsWhat may happen to real GDP figures if the base year is changed?Class 12National Income and Related AggregatesReal GDP and Nominal GDPLevel 39Medium