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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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यदि GDPMP ₹1600 करोड़ और NIT ₹120 करोड़ है तो GDPFC कितना होगा?

If GDPMP is ₹1600 crore and NIT is ₹120 crore, what is GDPFC?

Explanation opens after your attempt
Correct Answer

B. ₹1480 करोड़₹1480 crore

Step 1

Concept

GDPFC (=1600-120=1480) crore. Subtract NIT when moving from market price to factor cost.

Step 2

Why this answer is correct

The correct answer is B. ₹1480 करोड़ / ₹1480 crore. GDPFC (=1600-120=1480) crore. Subtract NIT when moving from market price to factor cost.

Step 3

Exam Tip

GDPFC (=1600-120=1480) करोड़ होगा। परीक्षा में market price से factor cost जाते समय NIT घटाएं।

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यदि GDPFC ₹1400 करोड़ और NIT ₹90 करोड़ है तो GDPMP कितना होगा?

If GDPFC is ₹1400 crore and NIT is ₹90 crore, what is GDPMP?

Explanation opens after your attempt
Correct Answer

C. ₹1490 करोड़₹1490 crore

Step 1

Concept

GDPMP (=1400+90=1490) crore. Add NIT when moving from factor cost to market price.

Step 2

Why this answer is correct

The correct answer is C. ₹1490 करोड़ / ₹1490 crore. GDPMP (=1400+90=1490) crore. Add NIT when moving from factor cost to market price.

Step 3

Exam Tip

GDPMP (=1400+90=1490) करोड़ होगा। परीक्षा में factor cost से market price जाते समय NIT जोड़ें।

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NIT का सही अर्थ क्या है?

What is the correct meaning of NIT?

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Correct Answer

A. शुद्ध अप्रत्यक्ष करNet indirect taxes

Step 1

Concept

NIT means net indirect taxes. In exams connect it with indirect taxes minus subsidies.

Step 2

Why this answer is correct

The correct answer is A. शुद्ध अप्रत्यक्ष कर / Net indirect taxes. NIT means net indirect taxes. In exams connect it with indirect taxes minus subsidies.

Step 3

Exam Tip

NIT का अर्थ net indirect taxes है। परीक्षा में इसे indirect taxes minus subsidies से जोड़ें।

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यदि indirect taxes ₹200 करोड़ और subsidies ₹70 करोड़ हैं तो NIT कितना होगा?

If indirect taxes are ₹200 crore and subsidies are ₹70 crore, what is NIT?

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Correct Answer

B. ₹130 करोड़₹130 crore

Step 1

Concept

NIT (=200-70=130) crore. Subtract subsidy from indirect tax in exams.

Step 2

Why this answer is correct

The correct answer is B. ₹130 करोड़ / ₹130 crore. NIT (=200-70=130) crore. Subtract subsidy from indirect tax in exams.

Step 3

Exam Tip

NIT (=200-70=130) करोड़ होगा। परीक्षा में subsidy को indirect tax से घटाएं।

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GDP को flow variable क्यों माना जाता है?

Why is GDP considered a flow variable?

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Correct Answer

A. क्योंकि यह निश्चित अवधि में मापा जाता हैBecause it is measured over a specific period

Step 1

Concept

GDP is measured over a period such as an accounting year. Treat output aggregates as flow variables in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह निश्चित अवधि में मापा जाता है / Because it is measured over a specific period. GDP is measured over a period such as an accounting year. Treat output aggregates as flow variables in exams.

Step 3

Exam Tip

GDP एक accounting year जैसी अवधि में मापा जाता है। परीक्षा में output aggregates को flow समझें।

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एक लेखा वर्ष में घरेलू क्षेत्र के final output का value किससे सबसे अच्छा मापा जाता है?

The value of final output in domestic territory during one accounting year is best measured by what?

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Correct Answer

A. GDP

Step 1

Concept

GDP measures domestic final output during one accounting year. Remember both time period and territory in exams.

Step 2

Why this answer is correct

The correct answer is A. GDP. GDP measures domestic final output during one accounting year. Remember both time period and territory in exams.

Step 3

Exam Tip

GDP एक लेखा वर्ष में domestic final output को मापता है। परीक्षा में time period और territory दोनों याद रखें।

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GDP में पुराने घर की पूरी resale value क्यों शामिल नहीं होती?

Why is the full resale value of an old house not included in GDP?

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Correct Answer

A. क्योंकि यह current production नहीं हैBecause it is not current production

Step 1

Concept

An old house was already counted when produced earlier. Do not include the full value of second-hand assets in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह current production नहीं है / Because it is not current production. An old house was already counted when produced earlier. Do not include the full value of second-hand assets in exams.

Step 3

Exam Tip

पुराना घर पहले उत्पादन में गिना जा चुका होता है। परीक्षा में second-hand assets की full value include न करें।

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पुराने घर की बिक्री पर real estate agent की fee GDP में क्यों आ सकती है?

Why can a real estate agent's fee on sale of an old house be included in GDP?

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Correct Answer

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

Step 1

Concept

Agent fee is payment for a current service. Keep old asset and current service charge separate in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह current service है / Because it is a current service. Agent fee is payment for a current service. Keep old asset and current service charge separate in exams.

Step 3

Exam Tip

Agent fee चालू वर्ष की सेवा का भुगतान है। परीक्षा में old asset और current service charge को अलग रखें।

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GDP में कौन-सा transaction शामिल होगा?

Which transaction will be included in GDP?

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Correct Answer

A. नई पुस्तक की बिक्रीSale of a new book

Step 1

Concept

A new book is final output of the current year. Distinguish current production from transfers and resale in exams.

Step 2

Why this answer is correct

The correct answer is A. नई पुस्तक की बिक्री / Sale of a new book. A new book is final output of the current year. Distinguish current production from transfers and resale in exams.

Step 3

Exam Tip

नई पुस्तक चालू वर्ष का final output है। परीक्षा में current production को transfer और resale से अलग पहचानें।

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GDP में government scholarship क्यों नहीं जोड़ी जाती?

Why is government scholarship not added in GDP?

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Correct Answer

A. क्योंकि यह transfer payment हैBecause it is a transfer payment

Step 1

Concept

No current productive service is received in return for scholarship. Keep transfer payments outside GDP in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह transfer payment है / Because it is a transfer payment. No current productive service is received in return for scholarship. Keep transfer payments outside GDP in exams.

Step 3

Exam Tip

Scholarship के बदले current productive service नहीं मिलती। परीक्षा में transfer payments को GDP से बाहर रखें।

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