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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 gross शब्द किस बात को दर्शाता है?

What does the word gross indicate in GDP?

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Correct Answer

A. मूल्यह्रास घटाया नहीं गया हैDepreciation has not been deducted

Step 1

Concept

Gross means depreciation is included. Depreciation must be deducted for a net measure.

Step 2

Why this answer is correct

The correct answer is A. मूल्यह्रास घटाया नहीं गया है / Depreciation has not been deducted. Gross means depreciation is included. Depreciation must be deducted for a net measure.

Step 3

Exam Tip

Gross का अर्थ depreciation included है। Net measure के लिए depreciation घटानी पड़ती है।

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GDP को GNP में बदलने के लिए कौन-सा adjustment किया जाता है?

Which adjustment is made to convert GDP into GNP?

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Correct Answer

A. (NFIA) जोड़ा जाता है(NFIA) is added

Step 1

Concept

(GNP=GDP+NFIA). Check (NFIA) when moving from domestic to national.

Step 2

Why this answer is correct

The correct answer is A. (NFIA) जोड़ा जाता है / (NFIA) is added. (GNP=GDP+NFIA). Check (NFIA) when moving from domestic to national.

Step 3

Exam Tip

(GNP=GDP+NFIA) होता है। Domestic से national पर जाने के लिए (NFIA) देखें।

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यदि \(GDP_{FC}=14400\) करोड़ और (NFIA=600) करोड़ है, तो \(GNP_{FC}\) कितना होगा?

If \(GDP_{FC}=14400\) crore and (NFIA=600) crore, what will be \(GNP_{FC}\)?

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Correct Answer

C. 15000 करोड़15000 crore

Step 1

Concept

\(GNP_{FC}=GDP_{FC}+NFIA=15000\) crore. Positive (NFIA) increases the national aggregate.

Step 2

Why this answer is correct

The correct answer is C. 15000 करोड़ / 15000 crore. \(GNP_{FC}=GDP_{FC}+NFIA=15000\) crore. Positive (NFIA) increases the national aggregate.

Step 3

Exam Tip

\(GNP_{FC}=GDP_{FC}+NFIA=15000\) करोड़। Positive (NFIA) national aggregate को बढ़ाता है।

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यदि \(GNP_{FC}=9800\) करोड़ और (NFIA=-400) करोड़ है, तो \(GDP_{FC}\) कितना होगा?

If \(GNP_{FC}=9800\) crore and (NFIA=-400) crore, what will be \(GDP_{FC}\)?

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Correct Answer

C. 10200 करोड़10200 crore

Step 1

Concept

(GDP_{FC}=GNP_{FC}-NFIA=9800-(-400)=10200) crore. Deducting negative (NFIA) raises the domestic aggregate.

Step 2

Why this answer is correct

The correct answer is C. 10200 करोड़ / 10200 crore. (GDP_{FC}=GNP_{FC}-NFIA=9800-(-400)=10200) crore. Deducting negative (NFIA) raises the domestic aggregate.

Step 3

Exam Tip

(GDP_{FC}=GNP_{FC}-NFIA=9800-(-400)=10200) करोड़। Negative (NFIA) घटाने पर domestic aggregate बढ़ता है।

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GDP के product method में value added किस प्रकार निकाला जाता है?

How is value added calculated in the product method of GDP?

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Correct Answer

A. Output value से intermediate consumption घटाकरBy deducting intermediate consumption from output value

Step 1

Concept

Value added shows newly added value. It is calculated as output minus intermediate consumption.

Step 2

Why this answer is correct

The correct answer is A. Output value से intermediate consumption घटाकर / By deducting intermediate consumption from output value. Value added shows newly added value. It is calculated as output minus intermediate consumption.

Step 3

Exam Tip

Value added नई जोड़ी गई value को दिखाता है। इसे output minus intermediate consumption से निकालते हैं।

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यदि output (7200) करोड़ और intermediate consumption (2800) करोड़ है, तो gross value added कितना होगा?

If output is (7200) crore and intermediate consumption is (2800) crore, what will be gross value added?

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Correct Answer

A. 4400 करोड़4400 crore

Step 1

Concept

Gross value added (=7200-2800=4400) crore. Removing intermediate consumption prevents double counting.

Step 2

Why this answer is correct

The correct answer is A. 4400 करोड़ / 4400 crore. Gross value added (=7200-2800=4400) crore. Removing intermediate consumption prevents double counting.

Step 3

Exam Tip

Gross value added (=7200-2800=4400) करोड़। Intermediate consumption को हटाने से double counting रुकती है।

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GDP में final product approach और value added approach का common उद्देश्य क्या है?

What is the common purpose of final product approach and value added approach in GDP?

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Correct Answer

A. Double counting से बचनाAvoiding double counting

Step 1

Concept

Both approaches prevent repeated counting of intermediate goods. The aim is to measure correct current final output in GDP.

Step 2

Why this answer is correct

The correct answer is A. Double counting से बचना / Avoiding double counting. Both approaches prevent repeated counting of intermediate goods. The aim is to measure correct current final output in GDP.

Step 3

Exam Tip

दोनों approaches intermediate goods की repeated counting रोकती हैं। GDP में सही current final output मापना उद्देश्य है।

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GDP में intermediate goods को अलग से शामिल करने पर GDP क्यों बढ़ा-चढ़ाकर दिखेगा?

Why will GDP be overstated if intermediate goods are separately included?

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Correct Answer

A. क्योंकि वही value final goods में पहले से शामिल होती हैBecause the same value is already included in final goods

Step 1

Concept

Intermediate goods are used in producing final goods and get included in final value. Adding them separately causes double counting.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वही value final goods में पहले से शामिल होती है / Because the same value is already included in final goods. Intermediate goods are used in producing final goods and get included in final value. Adding them separately causes double counting.

Step 3

Exam Tip

Intermediate goods final goods की production में use होकर final value में शामिल हो जाते हैं। अलग से जोड़ने पर double counting होती है।

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Expenditure method में GDP का सही expression कौन-सा है?

Which is the correct expression of GDP in the expenditure method?

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Correct Answer

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

Step 1

Concept

In the expenditure method, net exports are (X-M). Imports must be subtracted.

Step 2

Why this answer is correct

The correct answer is A. (C+I+G+(X-M)). In the expenditure method, net exports are (X-M). Imports must be subtracted.

Step 3

Exam Tip

Expenditure method में net exports (X-M) होते हैं। Imports को subtract करना जरूरी है।

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यदि (C=6000), (I=1800), (G=1400), (X=1000), और (M=1600) करोड़ हैं, तो GDP कितना होगा?

If (C=6000), (I=1800), (G=1400), (X=1000), and (M=1600) crore, what will GDP be?

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Correct Answer

A. 8600 करोड़8600 crore

Step 1

Concept

GDP (=6000+1800+1400+(1000-1600)=8600) crore. Add negative net exports with the correct sign.

Step 2

Why this answer is correct

The correct answer is A. 8600 करोड़ / 8600 crore. GDP (=6000+1800+1400+(1000-1600)=8600) crore. Add negative net exports with the correct sign.

Step 3

Exam Tip

GDP (=6000+1800+1400+(1000-1600)=8600) करोड़। Negative net exports को सही sign से जोड़ें।

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