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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 exports जोड़ने और imports घटाने का संयुक्त कारण क्या है?

What is the combined reason for adding exports and subtracting imports in GDP?

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Correct Answer

A. Domestic production को सही मापनाTo measure domestic production correctly

Step 1

Concept

Exports are domestic production and imports are foreign production. Therefore, (X-M) keeps GDP limited to domestic output.

Step 2

Why this answer is correct

The correct answer is A. Domestic production को सही मापना / To measure domestic production correctly. Exports are domestic production and imports are foreign production. Therefore, (X-M) keeps GDP limited to domestic output.

Step 3

Exam Tip

Exports domestic production हैं और imports foreign production हैं। इसलिए (X-M) GDP को domestic output तक सीमित रखता है।

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GDP में investment expenditure में क्या शामिल हो सकता है?

What can be included in investment expenditure in GDP?

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Correct Answer

A. नई मशीनें और inventory changeNew machines and inventory change

Step 1

Concept

Investment may include new capital goods and stock changes. Financial asset resale is not current production.

Step 2

Why this answer is correct

The correct answer is A. नई मशीनें और inventory change / New machines and inventory change. Investment may include new capital goods and stock changes. Financial asset resale is not current production.

Step 3

Exam Tip

Investment में new capital goods और stock changes शामिल हो सकते हैं। Financial asset resale current production नहीं है।

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GDP में inventory बढ़ने का अर्थ क्या है?

What does an increase in inventory mean in GDP?

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Correct Answer

A. वर्तमान उत्पादन का एक भाग अभी बेचा नहीं गयाA part of current production has not yet been sold

Step 1

Concept

Inventory increase is the unsold portion of current output. It is included in GDP as investment.

Step 2

Why this answer is correct

The correct answer is A. वर्तमान उत्पादन का एक भाग अभी बेचा नहीं गया / A part of current production has not yet been sold. Inventory increase is the unsold portion of current output. It is included in GDP as investment.

Step 3

Exam Tip

Inventory increase current output का unsold portion है। इसे investment के रूप में GDP में शामिल किया जाता है।

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GDP के income method में operating surplus में क्या शामिल हो सकता है?

What may be included in operating surplus under the income method of GDP?

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Correct Answer

A. किराया, ब्याज और लाभRent, interest and profit

Step 1

Concept

Operating surplus is linked with property and enterprise incomes. It is part of factor income.

Step 2

Why this answer is correct

The correct answer is A. किराया, ब्याज और लाभ / Rent, interest and profit. Operating surplus is linked with property and enterprise incomes. It is part of factor income.

Step 3

Exam Tip

Operating surplus property और enterprise incomes से जुड़ा होता है। यह factor income का भाग है।

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GDP के income method में mixed income किससे संबंधित होती है?

In the income method of GDP, mixed income is related to whom?

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Correct Answer

A. स्व-नियोजित व्यक्तियोंSelf-employed persons

Step 1

Concept

The labour and enterprise income of self-employed persons are not clearly separated. Therefore it is called mixed income.

Step 2

Why this answer is correct

The correct answer is A. स्व-नियोजित व्यक्तियों / Self-employed persons. The labour and enterprise income of self-employed persons are not clearly separated. Therefore it is called mixed income.

Step 3

Exam Tip

Self-employed की labour और enterprise income अलग-अलग स्पष्ट नहीं होती। इसलिए इसे mixed income कहा जाता है।

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GDP में lottery prize को क्यों शामिल नहीं किया जाता?

Why is a lottery prize not included in GDP?

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Correct Answer

A. क्योंकि यह current productive service का reward नहीं हैBecause it is not a reward for current productive service

Step 1

Concept

A lottery prize is a transfer-type receipt. GDP counts income or output linked with current production.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह current productive service का reward नहीं है / Because it is not a reward for current productive service. A lottery prize is a transfer-type receipt. GDP counts income or output linked with current production.

Step 3

Exam Tip

Lottery prize transfer-type receipt है। GDP में current production से जुड़ी income या output गिना जाता है।

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GDP में pension को सामान्यतः क्यों शामिल नहीं किया जाता?

Why is pension generally not included in GDP?

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Correct Answer

A. क्योंकि यह वर्तमान उत्पादन के बदले भुगतान नहीं हैBecause it is not payment for current production

Step 1

Concept

Pension can be a transfer payment and is not a reward for current output. GDP is a production-based measure.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान उत्पादन के बदले भुगतान नहीं है / Because it is not payment for current production. Pension can be a transfer payment and is not a reward for current output. GDP is a production-based measure.

Step 3

Exam Tip

Pension transfer payment हो सकती है और current output का reward नहीं है। GDP production-based measure है।

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GDP में पुराने वाहन की resale value क्यों नहीं गिनी जाती?

Why is resale value of an old vehicle not counted in GDP?

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Correct Answer

A. क्योंकि वह current year production नहीं हैBecause it is not current year production

Step 1

Concept

The old vehicle's production was already counted in some earlier year. Adding resale value will wrongly raise current GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वह current year production नहीं है / Because it is not current year production. The old vehicle's production was already counted in some earlier year. Adding resale value will wrongly raise current GDP.

Step 3

Exam Tip

Old vehicle का production पहले ही किसी वर्ष में count हो चुका है। Resale value जोड़ने से current GDP गलत बढ़ेगा।

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पुराने वाहन की sale पर mechanic की paid inspection service GDP में क्यों शामिल हो सकती है?

Why can a mechanic's paid inspection service on sale of an old vehicle be included in GDP?

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Correct Answer

A. क्योंकि यह current service output हैBecause it is current service output

Step 1

Concept

The resale value of the old vehicle is not included, but the mechanic's current service can be included. GDP measures current production.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह current service output है / Because it is current service output. The resale value of the old vehicle is not included, but the mechanic's current service can be included. GDP measures current production.

Step 3

Exam Tip

Old vehicle का resale value शामिल नहीं होता लेकिन mechanic की current service शामिल हो सकती है। GDP current production को मापता है।

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GDP में self-consumed agricultural output का estimated value कब शामिल हो सकता है?

When can the estimated value of self-consumed agricultural output be included in GDP?

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Correct Answer

A. जब वह current production हो और उसका अनुमानित मूल्य होWhen it is current production and has an estimated value

Step 1

Concept

Self-consumed farm output is current production. Even if not sold in the market, its estimated value can be taken.

Step 2

Why this answer is correct

The correct answer is A. जब वह current production हो और उसका अनुमानित मूल्य हो / When it is current production and has an estimated value. Self-consumed farm output is current production. Even if not sold in the market, its estimated value can be taken.

Step 3

Exam Tip

Self-consumed farm output current production है। Market में न बिकने पर भी उसका estimated value लिया जा सकता है।

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