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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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पुराने सामान की बिक्री पर broker commission GDP में क्यों शामिल हो सकता है?

Why can broker commission on sale of old goods be included in GDP?

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Correct Answer

A. क्योंकि यह चालू वर्ष की सेवा हैBecause it is current year service

Step 1

Concept

Broker commission is service income of the current year. Understand the difference between old good value and service charge.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह चालू वर्ष की सेवा है / Because it is current year service. Broker commission is service income of the current year. Understand the difference between old good value and service charge.

Step 3

Exam Tip

Broker commission वर्तमान वर्ष की सेवा आय है। परीक्षा में old good value और service charge का अंतर समझें।

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GDP में मध्यवर्ती वस्तुओं को अलग से क्यों नहीं जोड़ा जाता?

Why are intermediate goods not added separately in GDP?

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Correct Answer

A. दोहरे गणना से बचने के लिएTo avoid double counting

Step 1

Concept

Intermediate goods are included in the value of final goods. Take final goods to avoid double counting in exams.

Step 2

Why this answer is correct

The correct answer is A. दोहरे गणना से बचने के लिए / To avoid double counting. Intermediate goods are included in the value of final goods. Take final goods to avoid double counting in exams.

Step 3

Exam Tip

Intermediate goods final goods के मूल्य में शामिल होती हैं। परीक्षा में double counting से बचने के लिए final goods लें।

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GDP में कौन-सी सेवा शामिल होगी?

Which service will be included in GDP?

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Correct Answer

A. भुगतान वाली डॉक्टर consultationPaid doctor consultation

Step 1

Concept

Paid doctor consultation is a current productive service, so it is included in GDP. Include paid market services in exams.

Step 2

Why this answer is correct

The correct answer is A. भुगतान वाली डॉक्टर consultation / Paid doctor consultation. Paid doctor consultation is a current productive service, so it is included in GDP. Include paid market services in exams.

Step 3

Exam Tip

Paid doctor consultation वर्तमान उत्पादक सेवा है इसलिए GDP में शामिल होगी। परीक्षा में paid market services को include करें।

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स्वयं के घर में की गई unpaid household service GDP में सामान्यतः क्यों नहीं जोड़ी जाती?

Why is unpaid household service done at home generally not added in GDP?

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Correct Answer

A. क्योंकि उसका market valuation कठिन हैBecause its market valuation is difficult

Step 1

Concept

Reliable market value of unpaid household services is difficult to determine. Keep non-market personal services separate in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उसका market valuation कठिन है / Because its market valuation is difficult. Reliable market value of unpaid household services is difficult to determine. Keep non-market personal services separate in exams.

Step 3

Exam Tip

Unpaid household services का reliable market value तय करना कठिन होता है। परीक्षा में non-market personal services को अलग रखें।

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GDP में transfer payment को क्यों शामिल नहीं किया जाता?

Why are transfer payments not included in GDP?

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Correct Answer

A. क्योंकि इनके बदले current production नहीं होताBecause there is no current production in return

Step 1

Concept

No current productive service is received in return for transfer payments. Keep pension and scholarship separate from factor income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि इनके बदले current production नहीं होता / Because there is no current production in return. No current productive service is received in return for transfer payments. Keep pension and scholarship separate from factor income.

Step 3

Exam Tip

Transfer payments के बदले कोई वर्तमान उत्पादक सेवा नहीं मिलती। परीक्षा में pension और scholarship को factor income से अलग रखें।

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कौन-सा payment सामान्यतः transfer payment है?

Which payment is generally a transfer payment?

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Correct Answer

A. छात्रवृत्तिScholarship

Step 1

Concept

Scholarship is a transfer payment because no productive service is received in return. Treat wages rent and profit as factor income.

Step 2

Why this answer is correct

The correct answer is A. छात्रवृत्ति / Scholarship. Scholarship is a transfer payment because no productive service is received in return. Treat wages rent and profit as factor income.

Step 3

Exam Tip

Scholarship transfer payment है क्योंकि इसके बदले productive service नहीं मिलती। परीक्षा में wages rent profit को factor income समझें।

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GDP में मजदूरी क्यों शामिल होती है?

Why are wages included in GDP?

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Correct Answer

A. क्योंकि यह उत्पादन सेवा का भुगतान हैBecause it is payment for productive service

Step 1

Concept

Wages are the reward for productive service of labour. Identify factor payments under income method in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह उत्पादन सेवा का भुगतान है / Because it is payment for productive service. Wages are the reward for productive service of labour. Identify factor payments under income method in exams.

Step 3

Exam Tip

मजदूरी श्रम की productive service का reward है। परीक्षा में factor payments को income method में पहचानें।

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Expenditure method में GDP का सरल सूत्र कौन-सा है?

Which is the simple formula of GDP under expenditure method?

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Correct Answer

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

Step 1

Concept

In expenditure method consumption, investment, government expenditure and net exports are added. In exams understand (X-M) as net exports.

Step 2

Why this answer is correct

The correct answer is A. (GDP = C + I + G + (X-M)). In expenditure method consumption, investment, government expenditure and net exports are added. In exams understand (X-M) as net exports.

Step 3

Exam Tip

Expenditure method में consumption, investment, government expenditure और net exports जोड़े जाते हैं। परीक्षा में (X-M) को net exports समझें।

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GDP के expenditure method में (C) का अर्थ क्या है?

What does (C) mean in the expenditure method of GDP?

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Correct Answer

A. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure

Step 1

Concept

(C) denotes private final consumption expenditure. Link household consumption with (C) in exams.

Step 2

Why this answer is correct

The correct answer is A. निजी अंतिम उपभोग व्यय / Private final consumption expenditure. (C) denotes private final consumption expenditure. Link household consumption with (C) in exams.

Step 3

Exam Tip

(C) private final consumption expenditure को दर्शाता है। परीक्षा में household consumption को (C) से जोड़ें।

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GDP के expenditure method में (I) किसे दर्शाता है?

What does (I) represent in the expenditure method of GDP?

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Correct Answer

A. निवेशInvestment

Step 1

Concept

(I) represents investment. In exams link capital formation and inventories with investment.

Step 2

Why this answer is correct

The correct answer is A. निवेश / Investment. (I) represents investment. In exams link capital formation and inventories with investment.

Step 3

Exam Tip

(I) investment को दर्शाता है। परीक्षा में capital formation और inventories को investment से जोड़कर समझें।

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