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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 के expenditure method में (G) का अर्थ क्या है?

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

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Correct Answer

A. सरकारी अंतिम उपभोग व्ययGovernment final consumption expenditure

Step 1

Concept

(G) denotes government final consumption expenditure. Link government purchases and services with (G) in exams.

Step 2

Why this answer is correct

The correct answer is A. सरकारी अंतिम उपभोग व्यय / Government final consumption expenditure. (G) denotes government final consumption expenditure. Link government purchases and services with (G) in exams.

Step 3

Exam Tip

(G) government final consumption expenditure को दर्शाता है। परीक्षा में सरकारी खरीद और सेवाओं को (G) से जोड़ें।

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Expenditure method में (X-M) का अर्थ क्या है?

What does (X-M) mean in expenditure method?

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Correct Answer

A. शुद्ध निर्यातNet exports

Step 1

Concept

(X-M) means exports minus imports, or net exports. Remember that imports are subtracted in exams.

Step 2

Why this answer is correct

The correct answer is A. शुद्ध निर्यात / Net exports. (X-M) means exports minus imports, or net exports. Remember that imports are subtracted in exams.

Step 3

Exam Tip

(X-M) exports minus imports यानी net exports है। परीक्षा में imports को घटाया जाता है यह याद रखें।

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यदि (C=500), (I=200), (G=150), (X=100), और (M=50) करोड़ हैं, तो GDP कितना होगा?

If (C=500), (I=200), (G=150), (X=100), and (M=50) crore, what is GDP?

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Correct Answer

A. ₹900 करोड़₹900 crore

Step 1

Concept

GDP (=500+200+150+(100-50)=900) crore. In exams calculate net exports separately and then add.

Step 2

Why this answer is correct

The correct answer is A. ₹900 करोड़ / ₹900 crore. GDP (=500+200+150+(100-50)=900) crore. In exams calculate net exports separately and then add.

Step 3

Exam Tip

GDP (=500+200+150+(100-50)=900) करोड़। परीक्षा में net exports को अलग से निकालकर जोड़ें।

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यदि exports imports से अधिक हों तो net exports कैसे होंगे?

If exports are greater than imports, how will net exports be?

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Correct Answer

A. धनात्मकPositive

Step 1

Concept

When exports are greater, (X-M) is positive. In exams check the sign of net exports carefully.

Step 2

Why this answer is correct

The correct answer is A. धनात्मक / Positive. When exports are greater, (X-M) is positive. In exams check the sign of net exports carefully.

Step 3

Exam Tip

Exports अधिक होने पर (X-M) positive होता है। परीक्षा में net exports के sign को ध्यान से देखें।

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यदि imports exports से अधिक हों तो net exports कैसे होंगे?

If imports are greater than exports, how will net exports be?

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Correct Answer

B. ऋणात्मकNegative

Step 1

Concept

When imports are greater, (X-M) is negative. Do not forget to subtract imports in exams.

Step 2

Why this answer is correct

The correct answer is B. ऋणात्मक / Negative. When imports are greater, (X-M) is negative. Do not forget to subtract imports in exams.

Step 3

Exam Tip

Imports अधिक होने पर (X-M) negative होता है। परीक्षा में import को subtract करना न भूलें।

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GDP में घरेलू क्षेत्र में विदेशी कंपनी का उत्पादन शामिल होगा या नहीं?

Will production of a foreign company within domestic territory be included in GDP?

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Correct Answer

A. हां, क्योंकि यह domestic territory में हुआYes because it occurred in domestic territory

Step 1

Concept

GDP includes production within domestic territory. In exams focus on location, not ownership.

Step 2

Why this answer is correct

The correct answer is A. हां, क्योंकि यह domestic territory में हुआ / Yes because it occurred in domestic territory. GDP includes production within domestic territory. In exams focus on location, not ownership.

Step 3

Exam Tip

GDP domestic territory में हुए production को शामिल करता है। परीक्षा में ownership नहीं, location पर ध्यान दें।

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भारत के निवासी द्वारा विदेश में कमाई गई factor income सीधे GDP में क्यों शामिल नहीं होती?

Why is factor income earned abroad by an Indian resident not directly included in GDP?

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Correct Answer

A. क्योंकि GDP domestic territory पर आधारित हैBecause GDP is based on domestic territory

Step 1

Concept

GDP takes production within the country's economic territory. In exams see income from abroad under NFIA.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि GDP domestic territory पर आधारित है / Because GDP is based on domestic territory. GDP takes production within the country's economic territory. In exams see income from abroad under NFIA.

Step 3

Exam Tip

GDP में देश की economic territory के भीतर production लिया जाता है। परीक्षा में विदेश से आय को NFIA में देखें।

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GDP किसी देश की economy के किस पहलू का संकेत देता है?

GDP indicates which aspect of a country's economy?

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Correct Answer

A. घरेलू उत्पादन का आकारSize of domestic production

Step 1

Concept

GDP shows the size of domestic output of an economy. Do not treat GDP as a complete measure of welfare in exams.

Step 2

Why this answer is correct

The correct answer is A. घरेलू उत्पादन का आकार / Size of domestic production. GDP shows the size of domestic output of an economy. Do not treat GDP as a complete measure of welfare in exams.

Step 3

Exam Tip

GDP economy के domestic output size को दिखाता है। परीक्षा में GDP को welfare का complete measure न मानें।

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GDP welfare का perfect measure क्यों नहीं माना जाता?

Why is GDP not considered a perfect measure of welfare?

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A. क्योंकि यह distribution और non-market factors पूरी तरह नहीं दिखाताBecause it does not fully show distribution and non-market factors

Step 1

Concept

GDP shows output but not all aspects of welfare. Remember limitations in welfare questions.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह distribution और non-market factors पूरी तरह नहीं दिखाता / Because it does not fully show distribution and non-market factors. GDP shows output but not all aspects of welfare. Remember limitations in welfare questions.

Step 3

Exam Tip

GDP output बताता है पर welfare के सभी पहलू नहीं दिखाता। परीक्षा में welfare questions में limitations याद रखें।

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GDP में depreciation घटाया जाता है या नहीं?

Is depreciation deducted in GDP?

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Correct Answer

A. नहीं, GDP gross measure हैNo, GDP is a gross measure

Step 1

Concept

Depreciation is not deducted in GDP. In exams deducting depreciation gives NDP.

Step 2

Why this answer is correct

The correct answer is A. नहीं, GDP gross measure है / No, GDP is a gross measure. Depreciation is not deducted in GDP. In exams deducting depreciation gives NDP.

Step 3

Exam Tip

GDP में depreciation घटाया नहीं जाता। परीक्षा में depreciation घटाने पर NDP मिलता है।

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