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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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GDP में government pension क्यों शामिल नहीं होती?

Why is government pension not included in GDP?

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Correct Answer

A. क्योंकि यह transfer payment हैBecause it is a transfer payment

Step 1

Concept

No current productive service is received in return for pension. Do not add transfer payments to GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह transfer payment है / Because it is a transfer payment. No current productive service is received in return for pension. Do not add transfer payments to GDP.

Step 3

Exam Tip

Pension के बदले current productive service नहीं मिलती। परीक्षा में transfer payments को GDP में न जोड़ें।

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GDP में newly constructed house कैसे treat होगा?

How will a newly constructed house be treated in GDP?

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Correct Answer

A. Current final output के रूप में शामिल होगाIt will be included as current final output

Step 1

Concept

A new house is final capital output of the current year. Include new construction in exams.

Step 2

Why this answer is correct

The correct answer is A. Current final output के रूप में शामिल होगा / It will be included as current final output. A new house is final capital output of the current year. Include new construction in exams.

Step 3

Exam Tip

नया मकान current year का final capital output है। परीक्षा में new construction को include करें।

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GDP at current prices को क्या कहा जाता है?

What is GDP at current prices called?

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Correct Answer

A. Nominal GDP

Step 1

Concept

GDP measured at current prices is called nominal GDP. Link nominal with current price in exams.

Step 2

Why this answer is correct

The correct answer is A. Nominal GDP. GDP measured at current prices is called nominal GDP. Link nominal with current price in exams.

Step 3

Exam Tip

Current prices पर measured GDP nominal GDP कहलाता है। परीक्षा में nominal को current price से जोड़ें।

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GDP at constant prices को क्या कहा जाता है?

What is GDP at constant prices called?

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Correct Answer

A. Real GDP

Step 1

Concept

GDP measured at constant prices is called real GDP. Link real with base year price in exams.

Step 2

Why this answer is correct

The correct answer is A. Real GDP. GDP measured at constant prices is called real GDP. Link real with base year price in exams.

Step 3

Exam Tip

Constant prices पर measured GDP real GDP कहलाता है। परीक्षा में real को base year price से जोड़ें।

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Nominal GDP और Real GDP में मुख्य अंतर क्या है?

What is the main difference between Nominal GDP and Real GDP?

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Correct Answer

A. Nominal current prices पर, Real constant prices परNominal at current prices, Real at constant prices

Step 1

Concept

Nominal GDP is at current prices and Real GDP is at constant prices. Identify price basis carefully.

Step 2

Why this answer is correct

The correct answer is A. Nominal current prices पर, Real constant prices पर / Nominal at current prices, Real at constant prices. Nominal GDP is at current prices and Real GDP is at constant prices. Identify price basis carefully.

Step 3

Exam Tip

Nominal GDP current prices और Real GDP constant prices पर होता है। परीक्षा में price basis को ध्यान से पहचानें।

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GDP deflator किसे मापने में मदद करता है?

GDP deflator helps measure what?

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Correct Answer

A. मूल्य स्तरPrice level

Step 1

Concept

GDP deflator shows price level based on nominal and real GDP. Treat it as a price index.

Step 2

Why this answer is correct

The correct answer is A. मूल्य स्तर / Price level. GDP deflator shows price level based on nominal and real GDP. Treat it as a price index.

Step 3

Exam Tip

GDP deflator nominal और real GDP के आधार पर price level दिखाता है। परीक्षा में इसे price index समझें।

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GDP deflator का सही सूत्र कौन-सा है?

Which is the correct formula of GDP deflator?

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Correct Answer

A. \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\)

Step 1

Concept

In GDP deflator, nominal GDP is in numerator and real GDP in denominator. Do not forget to multiply by 100.

Step 2

Why this answer is correct

The correct answer is A. \(GDP\ Deflator=\frac{Nominal\ GDP}{Real\ GDP}\times100\). In GDP deflator, nominal GDP is in numerator and real GDP in denominator. Do not forget to multiply by 100.

Step 3

Exam Tip

GDP deflator में nominal GDP numerator में और real GDP denominator में होता है। परीक्षा में 100 से multiply करना न भूलें।

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यदि nominal GDP ₹2400 और real GDP ₹2000 है तो GDP deflator कितना होगा?

If nominal GDP is ₹2400 and real GDP is ₹2000, what is GDP deflator?

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Correct Answer

A. 120

Step 1

Concept

GDP deflator \(=\frac{2400}{2000}\times100=120\). Divide nominal by real in exams.

Step 2

Why this answer is correct

The correct answer is A. 120. GDP deflator \(=\frac{2400}{2000}\times100=120\). Divide nominal by real in exams.

Step 3

Exam Tip

GDP deflator \(=\frac{2400}{2000}\times100=120\) होगा। परीक्षा में nominal को real से divide करें।

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Real GDP बढ़ने का सामान्य अर्थ क्या है?

What is the general meaning of an increase in Real GDP?

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Correct Answer

A. वास्तविक उत्पादन में वृद्धिIncrease in real output

Step 1

Concept

Real GDP shows output change at constant prices. Understand real growth as production growth.

Step 2

Why this answer is correct

The correct answer is A. वास्तविक उत्पादन में वृद्धि / Increase in real output. Real GDP shows output change at constant prices. Understand real growth as production growth.

Step 3

Exam Tip

Real GDP constant prices पर output change दिखाता है। परीक्षा में real growth को production growth समझें।

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Nominal GDP बढ़ने का कारण कौन-सा हो सकता है?

What can be a reason for increase in Nominal GDP?

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Correct Answer

A. Prices या output दोनों में वृद्धिIncrease in prices or output or both

Step 1

Concept

Nominal GDP is at current prices, so both price and quantity affect it. Do not always treat nominal growth as real growth.

Step 2

Why this answer is correct

The correct answer is A. Prices या output दोनों में वृद्धि / Increase in prices or output or both. Nominal GDP is at current prices, so both price and quantity affect it. Do not always treat nominal growth as real growth.

Step 3

Exam Tip

Nominal GDP current prices पर होता है इसलिए price और quantity दोनों का प्रभाव आता है। परीक्षा में nominal growth को हमेशा real growth न मानें।

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