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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 self-consumed farmer output को क्यों शामिल किया जा सकता है?

Why can self-consumed farmer output be included in GDP?

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Correct Answer

A. क्योंकि उसका imputed market value लगाया जा सकता हैBecause its imputed market value can be assigned

Step 1

Concept

Self-consumed farm output is marketable production. Distinguish own-produced goods from unpaid household services in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उसका imputed market value लगाया जा सकता है / Because its imputed market value can be assigned. Self-consumed farm output is marketable production. Distinguish own-produced goods from unpaid household services in exams.

Step 3

Exam Tip

Self-consumed farm output marketable production है। परीक्षा में own-produced goods और unpaid household services में अंतर करें।

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घर में स्वयं की unpaid cooking GDP में सामान्यतः क्यों नहीं आती?

Why is one's own unpaid cooking at home generally not included in GDP?

Explanation opens after your attempt
Correct Answer

A. क्योंकि इसका reliable market valuation कठिन हैBecause its reliable market valuation is difficult

Step 1

Concept

Reliable market value of unpaid household service is difficult to determine. Treat non-market personal services as excluded in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि इसका reliable market valuation कठिन है / Because its reliable market valuation is difficult. Reliable market value of unpaid household service is difficult to determine. Treat non-market personal services as excluded in exams.

Step 3

Exam Tip

Unpaid household service का reliable market value तय करना कठिन होता है। परीक्षा में non-market personal services को exclude मानें।

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Expenditure method में GDP के मुख्य घटक कौन-से हैं?

What are the main components of GDP under expenditure method?

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Correct Answer

A. (C), (I), (G), और (X-M)(C), (I), (G), and (X-M)

Step 1

Concept

Expenditure method includes consumption, investment, government expenditure and net exports. Remember (X-M) as net exports.

Step 2

Why this answer is correct

The correct answer is A. (C), (I), (G), और (X-M) / (C), (I), (G), and (X-M). Expenditure method includes consumption, investment, government expenditure and net exports. Remember (X-M) as net exports.

Step 3

Exam Tip

Expenditure method में consumption, investment, government expenditure और net exports आते हैं। परीक्षा में (X-M) को net exports याद रखें।

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GDP expenditure formula में imports क्यों घटाए जाते हैं?

Why are imports subtracted in GDP expenditure formula?

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Correct Answer

A. क्योंकि imports घरेलू उत्पादन नहीं हैंBecause imports are not domestic production

Step 1

Concept

Imports are foreign production, so they are subtracted from domestic product. Subtract M in (X-M) in exams.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि imports घरेलू उत्पादन नहीं हैं / Because imports are not domestic production. Imports are foreign production, so they are subtracted from domestic product. Subtract M in (X-M) in exams.

Step 3

Exam Tip

Imports विदेशी उत्पादन होते हैं, इसलिए domestic product से घटाए जाते हैं। परीक्षा में (X-M) में M को subtract करें।

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यदि (C=700), (I=250), (G=300), (X=120), और (M=170) करोड़ हैं, तो GDP कितना होगा?

If (C=700), (I=250), (G=300), (X=120), and (M=170) crore, what is GDP?

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Correct Answer

A. ₹1200 करोड़₹1200 crore

Step 1

Concept

GDP (=700+250+300+(120-170)=1200) crore. Handle negative net exports correctly in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹1200 करोड़ / ₹1200 crore. GDP (=700+250+300+(120-170)=1200) crore. Handle negative net exports correctly in exams.

Step 3

Exam Tip

GDP (=700+250+300+(120-170)=1200) करोड़। परीक्षा में negative net exports को सही subtract करें।

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यदि exports ₹300 करोड़ और imports ₹220 करोड़ हैं तो net exports कितने होंगे?

If exports are ₹300 crore and imports are ₹220 crore, what are net exports?

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Correct Answer

A. ₹80 करोड़₹80 crore

Step 1

Concept

Net exports (=300-220=80) crore. Subtract imports from exports in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹80 करोड़ / ₹80 crore. Net exports (=300-220=80) crore. Subtract imports from exports in exams.

Step 3

Exam Tip

Net exports (=300-220=80) करोड़ होंगे। परीक्षा में exports से imports घटाएं।

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यदि imports ₹450 करोड़ और exports ₹400 करोड़ हैं तो net exports कैसे होंगे?

If imports are ₹450 crore and exports are ₹400 crore, how will net exports be?

Explanation opens after your attempt
Correct Answer

A. ₹-50 करोड़₹-50 crore

Step 1

Concept

Net exports (=400-450=-50) crore. When imports are higher, (X-M) is negative.

Step 2

Why this answer is correct

The correct answer is A. ₹-50 करोड़ / ₹-50 crore. Net exports (=400-450=-50) crore. When imports are higher, (X-M) is negative.

Step 3

Exam Tip

Net exports (=400-450=-50) करोड़ होंगे। परीक्षा में imports अधिक होने पर (X-M) negative होता है।

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GDP को income method से मापते समय कौन-सी आय शामिल होती है?

Which income is included while measuring GDP by income method?

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Correct Answer

A. उत्पादन साधनों की आयIncome of factors of production

Step 1

Concept

In income method factor incomes are added. Remember wages, rent, interest and profit in exams.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन साधनों की आय / Income of factors of production. In income method factor incomes are added. Remember wages, rent, interest and profit in exams.

Step 3

Exam Tip

Income method में factor incomes को जोड़ा जाता है। परीक्षा में wages, rent, interest और profit को याद रखें।

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कौन-सी आय GDP की factor income का उदाहरण है?

Which income is an example of factor income in GDP?

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Correct Answer

A. कर्मचारी वेतनEmployee wage

Step 1

Concept

Employee wage is a reward for productive service. Keep factor income and transfer income separate in exams.

Step 2

Why this answer is correct

The correct answer is A. कर्मचारी वेतन / Employee wage. Employee wage is a reward for productive service. Keep factor income and transfer income separate in exams.

Step 3

Exam Tip

Employee wage productive service का reward है। परीक्षा में factor income और transfer income अलग रखें।

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GDP at current prices को किस नाम से भी जाना जाता है?

GDP at current prices is also known as what?

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Correct Answer

A. Nominal GDP

Step 1

Concept

GDP measured at current prices is called nominal GDP. Connect nominal with current prices in exams.

Step 2

Why this answer is correct

The correct answer is A. Nominal GDP. GDP measured at current prices is called nominal GDP. Connect nominal with current prices in exams.

Step 3

Exam Tip

Current prices पर measured GDP को nominal GDP कहते हैं। परीक्षा में nominal को current prices से जोड़ें।

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