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Economics Aggregates related to national income - GNP MCQ Questions for Class 12 Humanities

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Aggregates related to national income - GNP Practice Questions

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(GNPMP) से (NNPFC) तक जाने में कौन-कौन से समायोजन होते हैं?

Which adjustments are made to move from (GNPMP) to (NNPFC)?

Explanation opens after your attempt
Correct Answer

A. मूल्यह्रास और शुद्ध अप्रत्यक्ष कर घटानाDeduct depreciation and net indirect taxes

Step 1

Concept

From (GNPMP) to (NNPFC), both gross-to-net and market-price-to-factor-cost changes are needed. So depreciation and (NIT) are deducted.

Step 2

Why this answer is correct

The correct answer is A. मूल्यह्रास और शुद्ध अप्रत्यक्ष कर घटाना / Deduct depreciation and net indirect taxes. From (GNPMP) to (NNPFC), both gross-to-net and market-price-to-factor-cost changes are needed. So depreciation and (NIT) are deducted.

Step 3

Exam Tip

(GNPMP) से (NNPFC) के लिए सकल से शुद्ध और बाजार मूल्य से कारक लागत दोनों बदलाव चाहिए। इसलिए मूल्यह्रास और (NIT) घटते हैं।

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यदि (GNPMP) (₹16000) करोड़, मूल्यह्रास (₹1200) करोड़ और (NIT) (₹800) करोड़ है, तो (NNPFC) कितना होगा?

If (GNPMP) is (₹16000) crore, depreciation (₹1200) crore and (NIT) (₹800) crore, what will be (NNPFC)?

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Correct Answer

A. (₹14000) करोड़(₹14000) crore

Step 1

Concept

(NNPFC = ₹16000-₹1200-₹800=₹14000) crore. (NNPFC) is also called national income.

Step 2

Why this answer is correct

The correct answer is A. (₹14000) करोड़ / (₹14000) crore. (NNPFC = ₹16000-₹1200-₹800=₹14000) crore. (NNPFC) is also called national income.

Step 3

Exam Tip

(NNPFC = ₹16000-₹1200-₹800=₹14000) करोड़ है। (NNPFC) को राष्ट्रीय आय भी कहा जाता है।

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(GNP) में पुरानी मशीन की बिक्री क्यों नहीं गिनी जाती?

Why is sale of an old machine not counted in (GNP)?

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Correct Answer

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

Step 1

Concept

Sale of an old machine is only transfer of ownership. Only new production of the current year is counted in (GNP).

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान उत्पादन नहीं है / Because it is not current production. Sale of an old machine is only transfer of ownership. Only new production of the current year is counted in (GNP).

Step 3

Exam Tip

पुरानी मशीन की बिक्री केवल स्वामित्व परिवर्तन है। वर्तमान वर्ष का नया उत्पादन ही (GNP) में गिना जाता है।

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पुराने शेयर की बिक्री राशि (GNP) में नहीं गिनी जाती, पर दलाली कमीशन क्यों गिना जा सकता है?

Why is sale value of old shares not counted in (GNP), but brokerage commission may be counted?

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Correct Answer

A. कमीशन वर्तमान सेवा का प्रतिफल हैCommission is reward for current service

Step 1

Concept

Sale of old shares is transfer of a financial asset. Brokerage commission is income from current financial service.

Step 2

Why this answer is correct

The correct answer is A. कमीशन वर्तमान सेवा का प्रतिफल है / Commission is reward for current service. Sale of old shares is transfer of a financial asset. Brokerage commission is income from current financial service.

Step 3

Exam Tip

पुराने शेयर की बिक्री वित्तीय संपत्ति का हस्तांतरण है। दलाली कमीशन वर्तमान वित्तीय सेवा की आय है।

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(GNP) में लॉटरी जीत को क्यों शामिल नहीं किया जाता?

Why are lottery winnings not included in (GNP)?

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Correct Answer

A. क्योंकि यह उत्पादन सेवा का प्रतिफल नहीं हैBecause it is not a reward for production service

Step 1

Concept

Lottery winning is a transfer-like receipt. (GNP) is related to current production and factor income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह उत्पादन सेवा का प्रतिफल नहीं है / Because it is not a reward for production service. Lottery winning is a transfer-like receipt. (GNP) is related to current production and factor income.

Step 3

Exam Tip

लॉटरी जीत स्थानांतरण जैसी प्राप्ति है। (GNP) वर्तमान उत्पादन और कारक आय से संबंधित है।

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किस स्थिति में निवासी की विदेश आय (GNP) में जोड़ी जाती है?

In which situation is foreign income of a resident added in (GNP)?

Explanation opens after your attempt
Correct Answer

A. जब वह कारक सेवा से अर्जित होWhen it is earned from factor service

Step 1

Concept

Income of a resident from factor service abroad is included in (NFIA). Gifts or loans are not production income.

Step 2

Why this answer is correct

The correct answer is A. जब वह कारक सेवा से अर्जित हो / When it is earned from factor service. Income of a resident from factor service abroad is included in (NFIA). Gifts or loans are not production income.

Step 3

Exam Tip

निवासी की विदेश में कारक सेवा से आय (NFIA) में शामिल होती है। उपहार या ऋण उत्पादन आय नहीं हैं।

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यदि विदेश से कारक आय (₹300) करोड़ और विदेश को कारक आय भुगतान (₹500) करोड़ है, तो (NFIA) कितना होगा?

If factor income from abroad is (₹300) crore and factor income paid abroad is (₹500) crore, what will be (NFIA)?

Explanation opens after your attempt
Correct Answer

B. (-₹200) करोड़(-₹200) crore

Step 1

Concept

(NFIA=₹300-₹500=-₹200) crore. (NFIA) is negative when payments abroad are higher.

Step 2

Why this answer is correct

The correct answer is B. (-₹200) करोड़ / (-₹200) crore. (NFIA=₹300-₹500=-₹200) crore. (NFIA) is negative when payments abroad are higher.

Step 3

Exam Tip

(NFIA=₹300-₹500=-₹200) करोड़ है। विदेश को भुगतान अधिक हो तो (NFIA) ऋणात्मक होता है।

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यदि (GDP) (₹20000) करोड़ और (NFIA) (-₹200) करोड़ है, तो (GNP) और (GDP) का संबंध कैसा होगा?

If (GDP) is (₹20000) crore and (NFIA) is (-₹200) crore, what will be the relation between (GNP) and (GDP)?

Explanation opens after your attempt
Correct Answer

A. (GNP), (GDP) से (₹200) करोड़ कम होगा(GNP) will be (₹200) crore less than (GDP)

Step 1

Concept

Negative (NFIA) is deducted from (GDP). So (GNP=₹19800) crore, which is lower than (GDP).

Step 2

Why this answer is correct

The correct answer is A. (GNP), (GDP) से (₹200) करोड़ कम होगा / (GNP) will be (₹200) crore less than (GDP). Negative (NFIA) is deducted from (GDP). So (GNP=₹19800) crore, which is lower than (GDP).

Step 3

Exam Tip

ऋणात्मक (NFIA) (GDP) से घटता है। इसलिए (GNP=₹19800) करोड़ होगा, जो (GDP) से कम है।

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(GNP) at factor cost को सकल राष्ट्रीय आय क्यों कहा जा सकता है?

Why can (GNP) at factor cost be called gross national income?

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Correct Answer

A. क्योंकि यह निवासी कारकों की सकल आय दिखाता हैBecause it shows gross income of resident factors

Step 1

Concept

(GNP) at factor cost measures gross income received by resident factors of production. Hence it is understood as gross national income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह निवासी कारकों की सकल आय दिखाता है / Because it shows gross income of resident factors. (GNP) at factor cost measures gross income received by resident factors of production. Hence it is understood as gross national income.

Step 3

Exam Tip

कारक लागत पर (GNP) निवासी उत्पादन कारकों को मिली सकल आय का माप है। इसलिए इसे सकल राष्ट्रीय आय की तरह समझा जाता है।

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(GNP) की गणना में समय अवधि क्यों आवश्यक है?

Why is time period necessary in calculating (GNP)?

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Correct Answer

A. क्योंकि यह निश्चित अवधि में अंतिम उत्पादन का मूल्य हैBecause it is the value of final output in a fixed period

Step 1

Concept

(GNP) generally shows the value of final goods and services produced in an accounting year. Mentioning time period is necessary.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह निश्चित अवधि में अंतिम उत्पादन का मूल्य है / Because it is the value of final output in a fixed period. (GNP) generally shows the value of final goods and services produced in an accounting year. Mentioning time period is necessary.

Step 3

Exam Tip

(GNP) सामान्यतः एक लेखा वर्ष में उत्पादित अंतिम वस्तुओं और सेवाओं का मूल्य बताता है। समय अवधि बताना जरूरी है।

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