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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 की गणना में आर्थिक क्षेत्र का अर्थ सबसे सही क्या है?

What is the most correct meaning of economic territory in GDP calculation?

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Correct Answer

A. जहां देश की आर्थिक गतिविधियां नियंत्रित और संचालित होती हैंArea where a country's economic activities are controlled and operated

Step 1

Concept

GDP measures production within economic territory. Political boundary and economic territory are not always identical.

Step 2

Why this answer is correct

The correct answer is A. जहां देश की आर्थिक गतिविधियां नियंत्रित और संचालित होती हैं / Area where a country's economic activities are controlled and operated. GDP measures production within economic territory. Political boundary and economic territory are not always identical.

Step 3

Exam Tip

GDP economic territory में हुए production को मापता है। Political boundary और economic territory हमेशा एक जैसे नहीं होते।

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GDP में घरेलू क्षेत्र में स्थित विदेशी बैंक की सेवाएं कैसे मानी जाएंगी?

How will services of a foreign bank located within domestic territory be treated in GDP?

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Correct Answer

A. GDP में शामिल होंगीIncluded in GDP

Step 1

Concept

GDP is based on the location of production. A service provided within domestic territory is included in GDP.

Step 2

Why this answer is correct

The correct answer is A. GDP में शामिल होंगी / Included in GDP. GDP is based on the location of production. A service provided within domestic territory is included in GDP.

Step 3

Exam Tip

GDP production location पर आधारित होता है। Domestic territory में दी गई service GDP में शामिल होती है।

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यदि भारतीय कंपनी विदेश में उत्पादन करती है, तो वह उत्पादन भारत के GDP में क्यों नहीं आएगा?

If an Indian company produces abroad, why will that output not enter India's GDP?

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Correct Answer

A. क्योंकि उत्पादन भारत के घरेलू क्षेत्र से बाहर हुआBecause production occurred outside India's domestic territory

Step 1

Concept

GDP is a location-based domestic measure. Production abroad may relate to national aggregate, not GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उत्पादन भारत के घरेलू क्षेत्र से बाहर हुआ / Because production occurred outside India's domestic territory. GDP is a location-based domestic measure. Production abroad may relate to national aggregate, not GDP.

Step 3

Exam Tip

GDP location-based domestic measure है। विदेश में उत्पादन national aggregate से जुड़ सकता है, GDP से नहीं।

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GDP और domestic income में कौन-सी समानता होती है?

What similarity exists between GDP and domestic income?

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Correct Answer

A. दोनों घरेलू क्षेत्र से जुड़े होते हैंBoth are linked with domestic territory

Step 1

Concept

GDP and domestic income are both linked with production within domestic territory. (NFIA) adjustment is separate for national aggregates.

Step 2

Why this answer is correct

The correct answer is A. दोनों घरेलू क्षेत्र से जुड़े होते हैं / Both are linked with domestic territory. GDP and domestic income are both linked with production within domestic territory. (NFIA) adjustment is separate for national aggregates.

Step 3

Exam Tip

GDP और domestic income दोनों domestic territory के production से जुड़े हैं। National aggregate के लिए (NFIA) का adjustment अलग होता है।

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यदि \(GDP_{MP}=13200\) करोड़ और (NIT=900) करोड़ है, तो \(GDP_{FC}\) कितना होगा?

If \(GDP_{MP}=13200\) crore and (NIT=900) crore, what will be \(GDP_{FC}\)?

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Correct Answer

A. 12300 करोड़12300 crore

Step 1

Concept

\(GDP_{FC}=13200-900=12300\) crore. (NIT) is deducted when moving from market price to factor cost.

Step 2

Why this answer is correct

The correct answer is A. 12300 करोड़ / 12300 crore. \(GDP_{FC}=13200-900=12300\) crore. (NIT) is deducted when moving from market price to factor cost.

Step 3

Exam Tip

\(GDP_{FC}=13200-900=12300\) करोड़ होगा। Market price से factor cost पर (NIT) घटाया जाता है।

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यदि \(GDP_{FC}=11800\) करोड़ और (NIT=-250) करोड़ है, तो \(GDP_{MP}\) कितना होगा?

If \(GDP_{FC}=11800\) crore and (NIT=-250) crore, what will be \(GDP_{MP}\)?

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Correct Answer

A. 11550 करोड़11550 crore

Step 1

Concept

\(GDP_{MP}=GDP_{FC}+NIT=11800-250=11550\) crore. With negative (NIT), MP value can be lower than FC.

Step 2

Why this answer is correct

The correct answer is A. 11550 करोड़ / 11550 crore. \(GDP_{MP}=GDP_{FC}+NIT=11800-250=11550\) crore. With negative (NIT), MP value can be lower than FC.

Step 3

Exam Tip

\(GDP_{MP}=GDP_{FC}+NIT=11800-250=11550\) करोड़। Negative (NIT) होने पर MP value FC से कम हो सकती है।

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यदि indirect taxes (1250) करोड़ और subsidies (400) करोड़ हैं, तो (NIT) कितना होगा?

If indirect taxes are (1250) crore and subsidies are (400) crore, what will be (NIT)?

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Correct Answer

A. 850 करोड़850 crore

Step 1

Concept

(NIT=1250-400=850) crore. Calculate (NIT) before MP-FC conversion of GDP.

Step 2

Why this answer is correct

The correct answer is A. 850 करोड़ / 850 crore. (NIT=1250-400=850) crore. Calculate (NIT) before MP-FC conversion of GDP.

Step 3

Exam Tip

(NIT=1250-400=850) करोड़ होगा। GDP के MP-FC conversion से पहले (NIT) निकालें।

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यदि subsidies indirect taxes से अधिक हों, तो (NIT) कैसा होगा?

If subsidies are greater than indirect taxes, what will (NIT) be?

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Correct Answer

A. ऋणात्मकNegative

Step 1

Concept

(NIT=Indirect\ Taxes-Subsidies). When subsidies are higher, (NIT) becomes negative.

Step 2

Why this answer is correct

The correct answer is A. ऋणात्मक / Negative. (NIT=Indirect\ Taxes-Subsidies). When subsidies are higher, (NIT) becomes negative.

Step 3

Exam Tip

(NIT=Indirect\ Taxes-Subsidies) है। Subsidies अधिक होने पर (NIT) negative हो जाता है।

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यदि \(GDP_{MP}=16000\) करोड़ और depreciation (1800) करोड़ है, तो \(NDP_{MP}\) कितना होगा?

If \(GDP_{MP}=16000\) crore and depreciation is (1800) crore, what will be \(NDP_{MP}\)?

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Correct Answer

A. 14200 करोड़14200 crore

Step 1

Concept

\(NDP_{MP}=16000-1800=14200\) crore. Deduct depreciation to move from gross to net.

Step 2

Why this answer is correct

The correct answer is A. 14200 करोड़ / 14200 crore. \(NDP_{MP}=16000-1800=14200\) crore. Deduct depreciation to move from gross to net.

Step 3

Exam Tip

\(NDP_{MP}=16000-1800=14200\) करोड़। Gross से net पर जाने के लिए depreciation घटाएं।

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यदि \(NDP_{FC}=10500\) करोड़, depreciation (1300) करोड़ और (NIT=700) करोड़ है, तो \(GDP_{MP}\) कितना होगा?

If \(NDP_{FC}=10500\) crore, depreciation is (1300) crore and (NIT=700) crore, what will be \(GDP_{MP}\)?

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Correct Answer

A. 12500 करोड़12500 crore

Step 1

Concept

\(GDP_{MP}=10500+1300+700=12500\) crore. Add for both net to gross and FC to MP conversions.

Step 2

Why this answer is correct

The correct answer is A. 12500 करोड़ / 12500 crore. \(GDP_{MP}=10500+1300+700=12500\) crore. Add for both net to gross and FC to MP conversions.

Step 3

Exam Tip

\(GDP_{MP}=10500+1300+700=12500\) करोड़ होगा। Net से gross और FC से MP दोनों में जोड़ना होगा।

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