In the expenditure method, consumption, investment, government expenditure, and net exports are added. In exams, subtract imports from exports.
Step 2
Why this answer is correct
The correct answer is A. (GDP=C+I+G+(X-M)). In the expenditure method, consumption, investment, government expenditure, and net exports are added. In exams, subtract imports from exports.
Step 3
Exam Tip
Expenditure method में consumption, investment, government expenditure और net exports जोड़े जाते हैं। परीक्षा में imports को exports से घटाएं।
A. क्योंकि यह उत्पादक सेवा के बदले factor income है/Because it is factor income against productive service
Step 1
Concept
A teacher provides education service, so salary is factor income. In exams, keep salary separate from transfer payment.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि यह उत्पादक सेवा के बदले factor income है / Because it is factor income against productive service. A teacher provides education service, so salary is factor income. In exams, keep salary separate from transfer payment.
Step 3
Exam Tip
शिक्षक शिक्षा सेवा प्रदान करता है इसलिए वेतन factor income है। परीक्षा में salary को transfer payment से अलग रखें।
B. क्योंकि यह चालू वर्ष का उत्पादन नहीं है/Because it is not current year production
Step 1
Concept
Resale of an old good does not create new production. In exams, remember the current production rule.
Step 2
Why this answer is correct
The correct answer is B. क्योंकि यह चालू वर्ष का उत्पादन नहीं है / Because it is not current year production. Resale of an old good does not create new production. In exams, remember the current production rule.
Step 3
Exam Tip
पुरानी वस्तु की resale से नया उत्पादन नहीं बनता। परीक्षा में current production rule याद रखें।
A. क्योंकि brokerage चालू वर्ष की सेवा है/Because brokerage is a current year service
Step 1
Concept
The value of old asset is not included, but the broker's current service may be included. In exams, separate asset transfer from service charge.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि brokerage चालू वर्ष की सेवा है / Because brokerage is a current year service. The value of old asset is not included, but the broker's current service may be included. In exams, separate asset transfer from service charge.
Step 3
Exam Tip
पुरानी संपत्ति का मूल्य शामिल नहीं होता लेकिन broker की वर्तमान सेवा शामिल हो सकती है। परीक्षा में asset transfer और service charge अलग रखें।
A. क्योंकि GDP एक समय अवधि में नए उत्पादन को मापती है/Because GDP measures new production during a period
Step 1
Concept
GDP is a flow concept that measures output during a year or period. In exams, remember the difference between stock and flow.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि GDP एक समय अवधि में नए उत्पादन को मापती है / Because GDP measures new production during a period. GDP is a flow concept that measures output during a year or period. In exams, remember the difference between stock and flow.
Step 3
Exam Tip
GDP flow concept है जो एक वर्ष या अवधि के उत्पादन को मापती है। परीक्षा में stock और flow का अंतर याद रखें।
B. Real GDP लगभग अपरिवर्तित रह सकती है/Real GDP may remain nearly unchanged
Step 1
Concept
Nominal GDP may rise due to price rise, but real output need not rise. In exams, connect real GDP with constant prices.
Step 2
Why this answer is correct
The correct answer is B. Real GDP लगभग अपरिवर्तित रह सकती है / Real GDP may remain nearly unchanged. Nominal GDP may rise due to price rise, but real output need not rise. In exams, connect real GDP with constant prices.
Step 3
Exam Tip
कीमत बढ़ने से nominal GDP बढ़ सकती है लेकिन real output जरूरी नहीं बढ़े। परीक्षा में real GDP को constant prices से जोड़ें।
A. भुगतान रहित digital service का मूल्यांकन कठिन होना/Difficulty in valuing unpaid digital service
Step 1
Concept
Free non-market digital services may not fully enter GDP. In exams, treat non-market production as a GDP limitation.
Step 2
Why this answer is correct
The correct answer is A. भुगतान रहित digital service का मूल्यांकन कठिन होना / Difficulty in valuing unpaid digital service. Free non-market digital services may not fully enter GDP. In exams, treat non-market production as a GDP limitation.
Step 3
Exam Tip
मुफ्त non-market digital services का मूल्य GDP में पूरी तरह नहीं आ सकता। परीक्षा में non-market production को GDP limitation समझें।
A. जनसंख्या बहुत तेजी से बढ़े/Population grows very fast
Step 1
Concept
Fast population growth can reduce per capita GDP. In exams, use per capita real GDP for living standard.
Step 2
Why this answer is correct
The correct answer is A. जनसंख्या बहुत तेजी से बढ़े / Population grows very fast. Fast population growth can reduce per capita GDP. In exams, use per capita real GDP for living standard.
Step 3
Exam Tip
तेज population growth से per capita GDP कम हो सकती है। परीक्षा में living standard के लिए per capita real GDP देखें।
