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

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Aggregates related to national income - GDP Practice Questions

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GDPMP से GDPFC प्राप्त करने के लिए क्या करना होगा?

What should be done to obtain GDPFC from GDPMP?

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Correct Answer

A. NIT घटानाSubtract NIT

Step 1

Concept

GDPFC (=GDPMP-NIT). Subtract NIT when moving from market price to factor cost.

Step 2

Why this answer is correct

The correct answer is A. NIT घटाना / Subtract NIT. GDPFC (=GDPMP-NIT). Subtract NIT when moving from market price to factor cost.

Step 3

Exam Tip

GDPFC (=GDPMP-NIT) होता है। परीक्षा में market price से factor cost जाते समय NIT घटाएं।

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यदि GDPMP ₹1800 करोड़ और GDPFC ₹1650 करोड़ है तो NIT कितना होगा?

If GDPMP is ₹1800 crore and GDPFC is ₹1650 crore, what is NIT?

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Correct Answer

A. ₹150 करोड़₹150 crore

Step 1

Concept

NIT (=1800-1650=150) crore. The difference between MP and FC is NIT in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹150 करोड़ / ₹150 crore. NIT (=1800-1650=150) crore. The difference between MP and FC is NIT in exams.

Step 3

Exam Tip

NIT (=1800-1650=150) करोड़ होगा। परीक्षा में MP और FC का difference NIT होता है।

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यदि indirect taxes ₹300 करोड़ और subsidies ₹120 करोड़ हैं तो NIT कितना होगा?

If indirect taxes are ₹300 crore and subsidies are ₹120 crore, what is NIT?

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Correct Answer

B. ₹180 करोड़₹180 crore

Step 1

Concept

NIT (=300-120=180) crore. Subtract subsidies from indirect taxes in exams.

Step 2

Why this answer is correct

The correct answer is B. ₹180 करोड़ / ₹180 crore. NIT (=300-120=180) crore. Subtract subsidies from indirect taxes in exams.

Step 3

Exam Tip

NIT (=300-120=180) करोड़ होगा। परीक्षा में subsidies को indirect taxes से घटाएं।

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GDP किस प्रकार का variable है?

What type of variable is GDP?

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Correct Answer

A. प्रवाहFlow

Step 1

Concept

GDP is a flow variable because it is measured over a time period. Treat income and output aggregates as flows.

Step 2

Why this answer is correct

The correct answer is A. प्रवाह / Flow. GDP is a flow variable because it is measured over a time period. Treat income and output aggregates as flows.

Step 3

Exam Tip

GDP flow variable है क्योंकि यह समय अवधि में मापा जाता है। परीक्षा में income और output aggregates को flow समझें।

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GDP सामान्यतः किस अवधि के लिए निकाला जाता है?

GDP is generally calculated for which period?

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Correct Answer

A. एक लेखा वर्षOne accounting year

Step 1

Concept

GDP measures output during one accounting year. Always identify the time period in exams.

Step 2

Why this answer is correct

The correct answer is A. एक लेखा वर्ष / One accounting year. GDP measures output during one accounting year. Always identify the time period in exams.

Step 3

Exam Tip

GDP एक accounting year में हुए output को मापता है। परीक्षा में time period को जरूर पहचानें।

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GDP में किसकी पूरी resale value शामिल नहीं होती?

Whose full resale value is not included in GDP?

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Correct Answer

A. पुरानी कारOld car

Step 1

Concept

An old car is not current year production. Do not add the full value of second-hand goods to GDP.

Step 2

Why this answer is correct

The correct answer is A. पुरानी कार / Old car. An old car is not current year production. Do not add the full value of second-hand goods to GDP.

Step 3

Exam Tip

पुरानी कार current year production नहीं है। परीक्षा में second-hand goods की full value को GDP में न जोड़ें।

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पुरानी कार की बिक्री पर dealer commission GDP में क्यों शामिल होगा?

Why will dealer commission on sale of an old car be included in GDP?

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Correct Answer

A. क्योंकि यह वर्तमान सेवा हैBecause it is a current service

Step 1

Concept

Dealer commission is current year service income. Separate old good value and service commission in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान सेवा है / Because it is a current service. Dealer commission is current year service income. Separate old good value and service commission in exams.

Step 3

Exam Tip

Dealer commission current year service income है। परीक्षा में old good value और service commission को अलग करें।

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GDP में कौन-सा payment शामिल नहीं होगा?

Which payment will not be included in GDP?

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Correct Answer

A. बेरोजगारी भत्ताUnemployment allowance

Step 1

Concept

Unemployment allowance is a transfer payment. Do not include payments received without productive service in GDP.

Step 2

Why this answer is correct

The correct answer is A. बेरोजगारी भत्ता / Unemployment allowance. Unemployment allowance is a transfer payment. Do not include payments received without productive service in GDP.

Step 3

Exam Tip

Unemployment allowance transfer payment है। परीक्षा में productive service के बिना मिले payment को GDP में include न करें।

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GDP में factor income का उदाहरण कौन-सा है?

Which is an example of factor income in GDP?

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Correct Answer

A. भूमि का किरायाRent of land

Step 1

Concept

Rent is a reward of the land factor, so it is factor income. Identify rent, wage, interest and profit in exams.

Step 2

Why this answer is correct

The correct answer is A. भूमि का किराया / Rent of land. Rent is a reward of the land factor, so it is factor income. Identify rent, wage, interest and profit in exams.

Step 3

Exam Tip

Rent land factor का reward है इसलिए factor income है। परीक्षा में rent, wage, interest और profit को पहचानें।

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GDP में unpaid household work सामान्यतः क्यों exclude होता है?

Why is unpaid household work generally excluded from GDP?

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Correct Answer

A. Reliable market valuation कठिन हैReliable market valuation is difficult

Step 1

Concept

Market value of unpaid household work is difficult to determine. Keep non-market personal services separate.

Step 2

Why this answer is correct

The correct answer is A. Reliable market valuation कठिन है / Reliable market valuation is difficult. Market value of unpaid household work is difficult to determine. Keep non-market personal services separate.

Step 3

Exam Tip

Unpaid household work का market value तय करना कठिन होता है। परीक्षा में non-market personal services को अलग रखें।

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