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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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किस item को GDP में include किया जा सकता है?

Which item can be included in GDP?

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Correct Answer

A. किसान द्वारा अपने लिए रखी गई फसल का अनुमानित मूल्यImputed value of crop kept by farmer for self-use

Step 1

Concept

Self-consumed farm output is marketable production, so it can be included through imputed value. Separate own produced goods and unpaid services.

Step 2

Why this answer is correct

The correct answer is A. किसान द्वारा अपने लिए रखी गई फसल का अनुमानित मूल्य / Imputed value of crop kept by farmer for self-use. Self-consumed farm output is marketable production, so it can be included through imputed value. Separate own produced goods and unpaid services.

Step 3

Exam Tip

Self-consumed farm output marketable production है इसलिए imputed value से include हो सकता है। परीक्षा में own produced goods और unpaid services अलग करें।

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GDP के expenditure method का सही सूत्र क्या है?

What is the correct formula of GDP under expenditure method?

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Correct Answer

A. (GDP=C+I+G+(X-M))

Step 1

Concept

Expenditure method includes consumption, investment, government expenditure and net exports. Subtract imports in exams.

Step 2

Why this answer is correct

The correct answer is A. (GDP=C+I+G+(X-M)). Expenditure method includes consumption, investment, government expenditure and net exports. Subtract imports in exams.

Step 3

Exam Tip

Expenditure method में consumption, investment, government expenditure और net exports शामिल होते हैं। परीक्षा में imports को subtract करें।

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GDP formula में (C) किसे दिखाता है?

What does (C) show in GDP formula?

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Correct Answer

A. Private final consumption expenditure

Step 1

Concept

(C) shows final consumption expenditure of households. Treat consumer spending as (C) in exams.

Step 2

Why this answer is correct

The correct answer is A. Private final consumption expenditure. (C) shows final consumption expenditure of households. Treat consumer spending as (C) in exams.

Step 3

Exam Tip

(C) households के final consumption expenditure को दिखाता है। परीक्षा में consumer spending को (C) समझें।

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GDP formula में (I) का संबंध किससे है?

In GDP formula, (I) is related to what?

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Correct Answer

A. Investment

Step 1

Concept

(I) shows investment. Include capital formation and inventory change in investment.

Step 2

Why this answer is correct

The correct answer is A. Investment. (I) shows investment. Include capital formation and inventory change in investment.

Step 3

Exam Tip

(I) investment को दिखाता है। परीक्षा में capital formation और inventory change को investment में रखें।

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GDP formula में (G) किस व्यय को दर्शाता है?

Which expenditure does (G) represent in GDP formula?

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Correct Answer

A. Government final consumption expenditure

Step 1

Concept

(G) is government final consumption expenditure. Separate government purchases from transfer payments in exams.

Step 2

Why this answer is correct

The correct answer is A. Government final consumption expenditure. (G) is government final consumption expenditure. Separate government purchases from transfer payments in exams.

Step 3

Exam Tip

(G) government final consumption expenditure है। परीक्षा में government purchases को transfer payments से अलग करें।

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GDP formula में (X) का अर्थ क्या है?

What does (X) mean in GDP formula?

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Correct Answer

A. Exports

Step 1

Concept

(X) represents exports. Remember (X-M) as net exports in exams.

Step 2

Why this answer is correct

The correct answer is A. Exports. (X) represents exports. Remember (X-M) as net exports in exams.

Step 3

Exam Tip

(X) exports को दर्शाता है। परीक्षा में (X-M) को net exports याद रखें।

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GDP formula में (M) का अर्थ क्या है?

What does (M) mean in GDP formula?

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Correct Answer

A. Imports

Step 1

Concept

(M) represents imports. Imports are subtracted in the GDP expenditure formula.

Step 2

Why this answer is correct

The correct answer is A. Imports. (M) represents imports. Imports are subtracted in the GDP expenditure formula.

Step 3

Exam Tip

(M) imports को दर्शाता है। परीक्षा में imports को GDP expenditure formula में घटाया जाता है।

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यदि (C=800), (I=300), (G=250), (X=180), (M=130) करोड़ हैं, तो GDP कितना होगा?

If (C=800), (I=300), (G=250), (X=180), (M=130) crore, what is GDP?

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Correct Answer

A. ₹1400 करोड़₹1400 crore

Step 1

Concept

GDP (=800+300+250+(180-130)=1400) crore. First calculate net exports and then add.

Step 2

Why this answer is correct

The correct answer is A. ₹1400 करोड़ / ₹1400 crore. GDP (=800+300+250+(180-130)=1400) crore. First calculate net exports and then add.

Step 3

Exam Tip

GDP (=800+300+250+(180-130)=1400) करोड़। परीक्षा में पहले net exports निकालें फिर जोड़ें।

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यदि (X=250) और (M=300) करोड़ हैं तो (X-M) कितना होगा?

If (X=250) and (M=300) crore, what is (X-M)?

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Correct Answer

B. ₹-50 करोड़₹-50 crore

Step 1

Concept

(X-M=250-300=-50) crore. When imports exceed exports, net exports are negative.

Step 2

Why this answer is correct

The correct answer is B. ₹-50 करोड़ / ₹-50 crore. (X-M=250-300=-50) crore. When imports exceed exports, net exports are negative.

Step 3

Exam Tip

(X-M=250-300=-50) करोड़ होगा। परीक्षा में imports exports से अधिक हों तो net exports negative होते हैं।

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Expenditure method में imports को क्यों घटाया जाता है?

Why are imports subtracted in the expenditure method?

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Correct Answer

A. क्योंकि वे घरेलू उत्पादन नहीं हैंBecause they are not domestic production

Step 1

Concept

Imports are foreign production, so they are subtracted from domestic output. Understand the logic of (X-M).

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वे घरेलू उत्पादन नहीं हैं / Because they are not domestic production. Imports are foreign production, so they are subtracted from domestic output. Understand the logic of (X-M).

Step 3

Exam Tip

Imports foreign production होते हैं, इसलिए domestic output से घटाए जाते हैं। परीक्षा में (X-M) का logic समझें।

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