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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 foreign tourist द्वारा भारत में खरीदा गया हस्तशिल्प कैसे माना जाएगा?

How will handicraft bought by a foreign tourist in India be treated in GDP?

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Correct Answer

A. भारत की GDP में शामिल होगाIt will be included in India's GDP

Step 1

Concept

The handicraft is a final good produced within India's domestic territory. In exams, do not get confused by the buyer's nationality.

Step 2

Why this answer is correct

The correct answer is A. भारत की GDP में शामिल होगा / It will be included in India's GDP. The handicraft is a final good produced within India's domestic territory. In exams, do not get confused by the buyer's nationality.

Step 3

Exam Tip

हस्तशिल्प भारत की घरेलू सीमा में उत्पादित final good है। परीक्षा में buyer की nationality से भ्रमित न हों।

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यदि GDP growth केवल हथियार उत्पादन में वृद्धि से हो, तो welfare के बारे में कौन-सा निष्कर्ष उचित है?

If GDP growth comes only from increased weapon production, which conclusion about welfare is appropriate?

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Correct Answer

B. कल्याण का निष्कर्ष सावधानी से निकालना चाहिएWelfare should be concluded cautiously

Step 1

Concept

GDP shows output but not fully social priorities and security costs. In exams, distinguish GDP growth from welfare.

Step 2

Why this answer is correct

The correct answer is B. कल्याण का निष्कर्ष सावधानी से निकालना चाहिए / Welfare should be concluded cautiously. GDP shows output but not fully social priorities and security costs. In exams, distinguish GDP growth from welfare.

Step 3

Exam Tip

GDP output दिखाती है पर सामाजिक प्राथमिकताओं और सुरक्षा लागत को पूर्णतः नहीं बताती। परीक्षा में GDP growth और welfare को अलग समझें।

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यदि output value (6400) और intermediate consumption (2600) है, तो value added कितना होगा?

If output value is (6400) and intermediate consumption is (2600), what is value added?

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Correct Answer

B. 3800

Step 1

Concept

Value added is (6400-2600=3800). In exams, subtracting intermediate consumption is essential.

Step 2

Why this answer is correct

The correct answer is B. 3800. Value added is (6400-2600=3800). In exams, subtracting intermediate consumption is essential.

Step 3

Exam Tip

Value added (6400-2600=3800) है। परीक्षा में output से intermediate consumption घटाना जरूरी है।

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GDP में old shares की sale value शामिल नहीं होती लेकिन broker commission क्यों शामिल हो सकता है?

Why is the sale value of old shares not included in GDP but broker commission may be included?

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Correct Answer

A. क्योंकि commission चालू सेवा का भुगतान हैBecause commission is payment for a current service

Step 1

Concept

Transfer of old financial assets is not output, but brokerage is a current service. In exams, keep asset value and service fee separate.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि commission चालू सेवा का भुगतान है / Because commission is payment for a current service. Transfer of old financial assets is not output, but brokerage is a current service. In exams, keep asset value and service fee separate.

Step 3

Exam Tip

पुरानी financial asset का transfer output नहीं है लेकिन brokerage current service है। परीक्षा में asset value और service fee अलग रखें।

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किसे GDP में transfer payment के रूप में बाहर रखा जाएगा?

Which will be excluded from GDP as a transfer payment?

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Correct Answer

C. वृद्धावस्था पेंशनOld age pension

Step 1

Concept

Old age pension is not payment against production service. In exams, do not treat pension as factor income.

Step 2

Why this answer is correct

The correct answer is C. वृद्धावस्था पेंशन / Old age pension. Old age pension is not payment against production service. In exams, do not treat pension as factor income.

Step 3

Exam Tip

वृद्धावस्था पेंशन उत्पादन सेवा के बदले भुगतान नहीं है। परीक्षा में pension को factor income न मानें।

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यदि (GDP=9500) और depreciation (800) है, तो (NDP) कितना होगा?

If (GDP=9500) and depreciation is (800), what is (NDP)?

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Correct Answer

C. 8700

Step 1

Concept

(NDP=9500-800=8700). In exams, subtract depreciation for net domestic product.

Step 2

Why this answer is correct

The correct answer is C. 8700. (NDP=9500-800=8700). In exams, subtract depreciation for net domestic product.

Step 3

Exam Tip

(NDP=9500-800=8700)। परीक्षा में net domestic product के लिए depreciation घटाएं।

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GDP को gross measure कहने का सबसे सही कारण क्या है?

What is the most correct reason for calling GDP a gross measure?

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Correct Answer

A. इसमें depreciation घटाया नहीं जाताDepreciation is not deducted in it

Step 1

Concept

In a gross measure, output is taken before deducting fixed capital consumption. In exams, depreciation is the basis of gross and net.

Step 2

Why this answer is correct

The correct answer is A. इसमें depreciation घटाया नहीं जाता / Depreciation is not deducted in it. In a gross measure, output is taken before deducting fixed capital consumption. In exams, depreciation is the basis of gross and net.

Step 3

Exam Tip

Gross measure में fixed capital consumption घटाने से पहले output लिया जाता है। परीक्षा में gross और net का आधार depreciation है।

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यदि किसी देश की GDP बढ़ी लेकिन काम के घंटे बहुत ज्यादा बढ़ गए और leisure घट गया, तो कल्याण के बारे में क्या सावधानी रखनी चाहिए?

If a country's GDP rises but working hours increase a lot and leisure falls, what caution should be kept about welfare?

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Correct Answer

B. कल्याण जरूरी नहीं कि उसी अनुपात में बढ़ा होWelfare may not have risen in the same proportion

Step 1

Concept

GDP does not directly measure the loss of leisure time. In exams, treat non-monetary welfare factors as limitations.

Step 2

Why this answer is correct

The correct answer is B. कल्याण जरूरी नहीं कि उसी अनुपात में बढ़ा हो / Welfare may not have risen in the same proportion. GDP does not directly measure the loss of leisure time. In exams, treat non-monetary welfare factors as limitations.

Step 3

Exam Tip

GDP leisure time के नुकसान को सीधे नहीं मापती। परीक्षा में non-monetary welfare factors को limitation मानें।

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GDP at market price से \(NDP_{FC}\) निकालने के लिए कौन-से दो मुख्य घटाव होंगे?

Which two main deductions are needed to derive \(NDP_{FC}\) from GDP at market price?

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Correct Answer

A. Depreciation और net indirect taxesDepreciation and net indirect taxes

Step 1

Concept

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). In exams, apply both net and factor cost adjustments together.

Step 2

Why this answer is correct

The correct answer is A. Depreciation और net indirect taxes / Depreciation and net indirect taxes. \(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). In exams, apply both net and factor cost adjustments together.

Step 3

Exam Tip

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\)। परीक्षा में net और factor cost दोनों adjustment साथ करें।

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यदि \(GDP_{MP}=14000\), depreciation (1100), indirect taxes (900), और subsidies (300) हैं, तो \(NDP_{FC}\) कितना होगा?

If \(GDP_{MP}=14000\), depreciation is (1100), indirect taxes are (900), and subsidies are (300), what is \(NDP_{FC}\)?

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Correct Answer

A. 12300

Step 1

Concept

NIT is (900-300=600), and \(NDP_{FC}=14000-1100-600=12300\). In exams, calculate NIT first.

Step 2

Why this answer is correct

The correct answer is A. 12300. NIT is (900-300=600), and \(NDP_{FC}=14000-1100-600=12300\). In exams, calculate NIT first.

Step 3

Exam Tip

NIT (900-300=600) है और \(NDP_{FC}=14000-1100-600=12300\)। परीक्षा में पहले NIT निकालें।

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