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

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सकल घरेलू उत्पाद का मुख्य अर्थ क्या है?

What is the main meaning of Gross Domestic Product?

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Correct Answer

A. एक वर्ष में घरेलू क्षेत्र में उत्पादित अंतिम वस्तुओं और सेवाओं का सकल मूल्यGross value of final goods and services produced within domestic territory in one year

Step 1

Concept

GDP is the gross value of final output within domestic territory. In exams, connect the word Domestic with economic territory.

Step 2

Why this answer is correct

The correct answer is A. एक वर्ष में घरेलू क्षेत्र में उत्पादित अंतिम वस्तुओं और सेवाओं का सकल मूल्य / Gross value of final goods and services produced within domestic territory in one year. GDP is the gross value of final output within domestic territory. In exams, connect the word Domestic with economic territory.

Step 3

Exam Tip

GDP घरेलू क्षेत्र के अंतिम उत्पादन का सकल मूल्य है। परीक्षा में Domestic शब्द को economic territory से जोड़ें।

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GDP को घरेलू समष्टि क्यों कहा जाता है?

Why is GDP called a domestic aggregate?

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Correct Answer

A. क्योंकि यह देश के आर्थिक क्षेत्र में हुए उत्पादन को मापता हैBecause it measures production within the country's economic territory

Step 1

Concept

GDP is based on the location of production. In national aggregate, residence principle is more important.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह देश के आर्थिक क्षेत्र में हुए उत्पादन को मापता है / Because it measures production within the country's economic territory. GDP is based on the location of production. In national aggregate, residence principle is more important.

Step 3

Exam Tip

GDP का आधार उत्पादन का स्थान है। National aggregate में residence principle अधिक महत्वपूर्ण होता है।

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GDP में अंतिम वस्तुओं और सेवाओं को ही क्यों शामिल किया जाता है?

Why are only final goods and services included in GDP?

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Correct Answer

A. दोहरी गणना से बचने के लिएTo avoid double counting

Step 1

Concept

Taking final goods avoids counting intermediate goods twice. Remember the final value principle in GDP.

Step 2

Why this answer is correct

The correct answer is A. दोहरी गणना से बचने के लिए / To avoid double counting. Taking final goods avoids counting intermediate goods twice. Remember the final value principle in GDP.

Step 3

Exam Tip

Final goods लेने से intermediate goods का मूल्य दो बार नहीं गिना जाता। GDP में final value principle याद रखें।

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GDP और GNP में मुख्य अंतर किससे जुड़ा होता है?

The main difference between GDP and GNP is related to what?

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Correct Answer

A. विदेश से शुद्ध साधन आयNet factor income from abroad

Step 1

Concept

GNP is obtained by adding (NFIA) to GDP. GDP is domestic while GNP is national.

Step 2

Why this answer is correct

The correct answer is A. विदेश से शुद्ध साधन आय / Net factor income from abroad. GNP is obtained by adding (NFIA) to GDP. GDP is domestic while GNP is national.

Step 3

Exam Tip

GNP में GDP के साथ (NFIA) जोड़ा जाता है। GDP domestic है जबकि GNP national है।

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यदि \(GDP_{MP}=5000\) करोड़ और (NFIA=300) करोड़ है, तो \(GNP_{MP}\) कितना होगा?

If \(GDP_{MP}=5000\) crore and (NFIA=300) crore, what will be \(GNP_{MP}\)?

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Correct Answer

C. 5300 करोड़5300 crore

Step 1

Concept

\(GNP_{MP}=GDP_{MP}+NFIA=5300\) crore. Positive (NFIA) increases the national aggregate.

Step 2

Why this answer is correct

The correct answer is C. 5300 करोड़ / 5300 crore. \(GNP_{MP}=GDP_{MP}+NFIA=5300\) crore. Positive (NFIA) increases the national aggregate.

Step 3

Exam Tip

\(GNP_{MP}=GDP_{MP}+NFIA=5300\) करोड़ होगा। Positive (NFIA) national aggregate को बढ़ाता है।

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यदि \(GNP_{MP}=6200\) करोड़ और (NFIA=-200) करोड़ है, तो \(GDP_{MP}\) कितना होगा?

If \(GNP_{MP}=6200\) crore and (NFIA=-200) crore, what will be \(GDP_{MP}\)?

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Correct Answer

C. 6400 करोड़6400 crore

Step 1

Concept

(GDP_{MP}=GNP_{MP}-NFIA=6200-(-200)=6400) crore. Deducting negative (NFIA) increases the value.

Step 2

Why this answer is correct

The correct answer is C. 6400 करोड़ / 6400 crore. (GDP_{MP}=GNP_{MP}-NFIA=6200-(-200)=6400) crore. Deducting negative (NFIA) increases the value.

Step 3

Exam Tip

(GDP_{MP}=GNP_{MP}-NFIA=6200-(-200)=6400) करोड़। Negative (NFIA) घटाने पर value बढ़ती है।

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GDP में Net शब्द क्यों नहीं होता?

Why does GDP not contain the word Net?

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Correct Answer

A. क्योंकि इसमें मूल्यह्रास अभी घटाया नहीं गया होताBecause depreciation has not yet been deducted

Step 1

Concept

GDP is a gross measure, so depreciation remains included. Depreciation is deducted for Net Domestic Product.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि इसमें मूल्यह्रास अभी घटाया नहीं गया होता / Because depreciation has not yet been deducted. GDP is a gross measure, so depreciation remains included. Depreciation is deducted for Net Domestic Product.

Step 3

Exam Tip

GDP gross measure है इसलिए depreciation included रहता है। Net domestic product के लिए depreciation घटाया जाता है।

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\(GDP_{MP}\) से \(NDP_{MP}\) निकालने के लिए क्या किया जाता है?

What is done to derive \(NDP_{MP}\) from \(GDP_{MP}\)?

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Correct Answer

A. मूल्यह्रास घटाया जाता हैDepreciation is deducted

Step 1

Concept

\(NDP_{MP}=GDP_{MP}-Depreciation\). Deduct depreciation to convert Gross into Net.

Step 2

Why this answer is correct

The correct answer is A. मूल्यह्रास घटाया जाता है / Depreciation is deducted. \(NDP_{MP}=GDP_{MP}-Depreciation\). Deduct depreciation to convert Gross into Net.

Step 3

Exam Tip

\(NDP_{MP}=GDP_{MP}-Depreciation\) होता है। Gross से Net में conversion के लिए depreciation घटाएं।

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यदि \(GDP_{MP}=4200\) करोड़ और मूल्यह्रास (350) करोड़ है, तो \(NDP_{MP}\) कितना होगा?

If \(GDP_{MP}=4200\) crore and depreciation is (350) crore, what will be \(NDP_{MP}\)?

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Correct Answer

A. 3850 करोड़3850 crore

Step 1

Concept

\(NDP_{MP}=4200-350=3850\) crore. Remember to deduct depreciation instead of adding it.

Step 2

Why this answer is correct

The correct answer is A. 3850 करोड़ / 3850 crore. \(NDP_{MP}=4200-350=3850\) crore. Remember to deduct depreciation instead of adding it.

Step 3

Exam Tip

\(NDP_{MP}=4200-350=3850\) करोड़ होगा। Depreciation को जोड़ने की जगह घटाना याद रखें।

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\(GDP_{FC}\) से \(GDP_{MP}\) में बदलने के लिए क्या किया जाता है?

What is done to convert \(GDP_{FC}\) into \(GDP_{MP}\)?

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Correct Answer

A. (NIT) जोड़ा जाता है(NIT) is added

Step 1

Concept

\(GDP_{MP}=GDP_{FC}+NIT\). Add net indirect taxes to move from factor cost to market price.

Step 2

Why this answer is correct

The correct answer is A. (NIT) जोड़ा जाता है / (NIT) is added. \(GDP_{MP}=GDP_{FC}+NIT\). Add net indirect taxes to move from factor cost to market price.

Step 3

Exam Tip

\(GDP_{MP}=GDP_{FC}+NIT\) होता है। Factor cost से market price पर जाने में net indirect taxes जोड़ें।

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