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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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यदि GDP ₹1200 करोड़ और NFIA ₹50 करोड़ है तो GNP कितना होगा?

If GDP is ₹1200 crore and NFIA is ₹50 crore, what is GNP?

Explanation opens after your attempt
Correct Answer

B. ₹1250 करोड़₹1250 crore

Step 1

Concept

GNP (=1200+50=1250) crore. In exams add positive NFIA to GDP.

Step 2

Why this answer is correct

The correct answer is B. ₹1250 करोड़ / ₹1250 crore. GNP (=1200+50=1250) crore. In exams add positive NFIA to GDP.

Step 3

Exam Tip

GNP (=1200+50=1250) करोड़ होगा। परीक्षा में positive NFIA को GDP में जोड़ें।

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यदि NFIA ऋणात्मक हो तो GDP से GNP निकालते समय क्या होगा?

If NFIA is negative, what happens while deriving GNP from GDP?

Explanation opens after your attempt
Correct Answer

A. GNP GDP से कम होगाGNP will be less than GDP

Step 1

Concept

Adding negative NFIA reduces GNP. In exams treat a negative sign like subtraction.

Step 2

Why this answer is correct

The correct answer is A. GNP GDP से कम होगा / GNP will be less than GDP. Adding negative NFIA reduces GNP. In exams treat a negative sign like subtraction.

Step 3

Exam Tip

ऋणात्मक NFIA जोड़ने पर GNP कम हो जाता है। परीक्षा में negative sign को subtraction जैसा समझें।

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GDP at market price में किसका प्रभाव शामिल होता है?

GDP at market price includes the effect of what?

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Correct Answer

A. अप्रत्यक्ष कर और सब्सिडीIndirect taxes and subsidies

Step 1

Concept

Market price includes the effect of indirect taxes and subsidies. Link the difference between MP and FC with NIT.

Step 2

Why this answer is correct

The correct answer is A. अप्रत्यक्ष कर और सब्सिडी / Indirect taxes and subsidies. Market price includes the effect of indirect taxes and subsidies. Link the difference between MP and FC with NIT.

Step 3

Exam Tip

Market price में indirect taxes और subsidies का प्रभाव शामिल होता है। परीक्षा में MP और FC के अंतर को NIT से जोड़ें।

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GDP at factor cost का अर्थ क्या है?

What does GDP at factor cost mean?

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Correct Answer

A. साधन लागत पर सकल घरेलू उत्पादGross Domestic Product at factor cost

Step 1

Concept

GDPFC means gross domestic product at factor cost. Remember FC by linking it with factor payments.

Step 2

Why this answer is correct

The correct answer is A. साधन लागत पर सकल घरेलू उत्पाद / Gross Domestic Product at factor cost. GDPFC means gross domestic product at factor cost. Remember FC by linking it with factor payments.

Step 3

Exam Tip

GDPFC का अर्थ factor cost पर gross domestic product है। परीक्षा में FC को factor payments से जोड़कर याद रखें।

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GDPMP से GDPFC निकालने के लिए क्या घटाया जाता है?

What is subtracted from GDPMP to derive GDPFC?

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Correct Answer

A. शुद्ध अप्रत्यक्ष करNet indirect taxes

Step 1

Concept

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

Step 2

Why this answer is correct

The correct answer is A. शुद्ध अप्रत्यक्ष कर / Net indirect taxes. GDPFC (= GDPMP - NIT). In exams 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 ₹900 करोड़ और NIT ₹80 करोड़ है तो GDPFC कितना होगा?

If GDPMP is ₹900 crore and NIT is ₹80 crore, what is GDPFC?

Explanation opens after your attempt
Correct Answer

B. ₹820 करोड़₹820 crore

Step 1

Concept

GDPFC (=900-80=820) crore. In exams subtract net indirect taxes while moving from MP to FC.

Step 2

Why this answer is correct

The correct answer is B. ₹820 करोड़ / ₹820 crore. GDPFC (=900-80=820) crore. In exams subtract net indirect taxes while moving from MP to FC.

Step 3

Exam Tip

GDPFC (=900-80=820) करोड़ होगा। परीक्षा में MP से FC जाते समय net indirect taxes घटाएं।

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GDPFC से GDPMP निकालने के लिए क्या जोड़ा जाता है?

What is added to GDPFC to derive GDPMP?

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Correct Answer

A. NIT

Step 1

Concept

GDPMP (= GDPFC + NIT). In exams add NIT when moving from factor cost to market price.

Step 2

Why this answer is correct

The correct answer is A. NIT. GDPMP (= GDPFC + NIT). In exams add NIT when moving from factor cost to market price.

Step 3

Exam Tip

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

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GDP किस अवधि में उत्पादन को मापता है?

GDP measures production during which period?

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Correct Answer

A. एक लेखा वर्षOne accounting year

Step 1

Concept

GDP generally measures production during one accounting year. Treat income aggregates as period-based flows in exams.

Step 2

Why this answer is correct

The correct answer is A. एक लेखा वर्ष / One accounting year. GDP generally measures production during one accounting year. Treat income aggregates as period-based flows in exams.

Step 3

Exam Tip

GDP सामान्यतः एक लेखा वर्ष में हुए उत्पादन को मापता है। परीक्षा में income aggregates को period based flow समझें।

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GDP स्टॉक है या प्रवाह?

Is GDP a stock or a flow?

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Correct Answer

B. प्रवाहFlow

Step 1

Concept

GDP is a flow because it is measured over a time period. In exams treat output and income as flow variables.

Step 2

Why this answer is correct

The correct answer is B. प्रवाह / Flow. GDP is a flow because it is measured over a time period. In exams treat output and income as flow variables.

Step 3

Exam Tip

GDP एक flow है क्योंकि यह समय अवधि में मापा जाता है। परीक्षा में output और income को flow variables मानें।

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GDP में पुराने सामान की पूरी बिक्री कीमत क्यों नहीं जोड़ी जाती?

Why is the full sale price of old goods not added in GDP?

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Correct Answer

A. क्योंकि वह चालू वर्ष का उत्पादन नहीं हैBecause it is not current year production

Step 1

Concept

Old goods were already counted when produced earlier. Do not include the full value of second-hand goods in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वह चालू वर्ष का उत्पादन नहीं है / Because it is not current year production. Old goods were already counted when produced earlier. Do not include the full value of second-hand goods in exams.

Step 3

Exam Tip

पुराने सामान का उत्पादन पहले ही गिना जा चुका होता है। परीक्षा में second-hand goods की full value include न करें।

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