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Economics Aggregates related to national income - Market price and factor cost MCQ Questions for Class 12 Humanities

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Aggregates related to national income - Market price and factor cost Practice Questions

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यदि शुद्ध अप्रत्यक्ष कर ऋणात्मक हो तो कौन सा मूल्य अधिक हो सकता है?

If net indirect taxes are negative which value may be higher?

Explanation opens after your attempt
Correct Answer

B. साधन लागतFactor cost

Step 1

Concept

Negative net indirect taxes mean subsidies are greater. In that case factor cost may exceed market price.

Step 2

Why this answer is correct

The correct answer is B. साधन लागत / Factor cost. Negative net indirect taxes mean subsidies are greater. In that case factor cost may exceed market price.

Step 3

Exam Tip

ऋणात्मक शुद्ध अप्रत्यक्ष कर का अर्थ सब्सिडी की अधिकता है। ऐसे में साधन लागत बाजार मूल्य से अधिक हो सकती है।

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यदि साधन लागत ₹2,000 और शुद्ध अप्रत्यक्ष कर ₹250 है तो बाजार मूल्य कितना होगा?

If factor cost is ₹2,000 and net indirect taxes are ₹250 what will be market price?

Explanation opens after your attempt
Correct Answer

C. ₹2,250

Step 1

Concept

Market price (=2000+250=2250) rupees. Add net indirect taxes to factor cost.

Step 2

Why this answer is correct

The correct answer is C. ₹2,250. Market price (=2000+250=2250) rupees. Add net indirect taxes to factor cost.

Step 3

Exam Tip

बाजार मूल्य (=2000+250=2250) रुपये है। साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ें।

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यदि बाजार मूल्य ₹2,400 और शुद्ध अप्रत्यक्ष कर ₹300 है तो साधन लागत कितनी होगी?

If market price is ₹2,400 and net indirect taxes are ₹300 what will be factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹2,100

Step 1

Concept

Factor cost (=2400-300=2100) rupees. Subtract net indirect taxes from market price.

Step 2

Why this answer is correct

The correct answer is B. ₹2,100. Factor cost (=2400-300=2100) rupees. Subtract net indirect taxes from market price.

Step 3

Exam Tip

साधन लागत (=2400-300=2100) रुपये है। बाजार मूल्य से शुद्ध अप्रत्यक्ष कर घटाएं।

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निम्न में से कौन सा साधन लागत का भाग है?

Which of the following is a part of factor cost?

Explanation opens after your attempt
Correct Answer

C. मजदूरीWages

Step 1

Concept

Wages are the reward paid to labour and are therefore part of factor cost. Taxes and subsidies are price adjustments.

Step 2

Why this answer is correct

The correct answer is C. मजदूरी / Wages. Wages are the reward paid to labour and are therefore part of factor cost. Taxes and subsidies are price adjustments.

Step 3

Exam Tip

मजदूरी श्रम को मिलने वाला प्रतिफल है इसलिए साधन लागत का भाग है। कर और सब्सिडी मूल्य समायोजन हैं।

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किराया किस उत्पादन साधन को मिलता है?

Which factor of production receives rent?

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Correct Answer

A. भूमिLand

Step 1

Concept

Rent is the reward paid to land. It is a component of factor cost.

Step 2

Why this answer is correct

The correct answer is A. भूमि / Land. Rent is the reward paid to land. It is a component of factor cost.

Step 3

Exam Tip

किराया भूमि को मिलने वाला प्रतिफल है। यह साधन लागत का एक घटक है।

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ब्याज किस उत्पादन साधन को मिलता है?

Which factor of production receives interest?

Explanation opens after your attempt
Correct Answer

C. पूंजीCapital

Step 1

Concept

Interest is the reward paid to capital. It is included in factor cost.

Step 2

Why this answer is correct

The correct answer is C. पूंजी / Capital. Interest is the reward paid to capital. It is included in factor cost.

Step 3

Exam Tip

ब्याज पूंजी को मिलने वाला प्रतिफल है। यह साधन लागत में शामिल होता है।

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मजदूरी किस उत्पादन साधन को दी जाती है?

Wages are paid to which factor of production?

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Correct Answer

B. श्रमLabour

Step 1

Concept

Wages are the reward paid to labour. They are a major component of factor cost.

Step 2

Why this answer is correct

The correct answer is B. श्रम / Labour. Wages are the reward paid to labour. They are a major component of factor cost.

Step 3

Exam Tip

मजदूरी श्रम को दिया जाने वाला प्रतिफल है। यह साधन लागत का मुख्य घटक है।

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यदि साधन लागत ₹3,500 करोड़ और शुद्ध अप्रत्यक्ष कर ₹450 करोड़ है तो बाजार मूल्य कितना होगा?

If factor cost is ₹3,500 crore and net indirect taxes are ₹450 crore what will be market price?

Explanation opens after your attempt
Correct Answer

C. ₹3,950 करोड़₹3,950 crore

Step 1

Concept

Market price (=3500+450=3950) crore. Add net indirect taxes to factor cost.

Step 2

Why this answer is correct

The correct answer is C. ₹3,950 करोड़ / ₹3,950 crore. Market price (=3500+450=3950) crore. Add net indirect taxes to factor cost.

Step 3

Exam Tip

बाजार मूल्य (=3500+450=3950) करोड़ है। साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ें।

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यदि बाजार मूल्य ₹4,800 करोड़ और शुद्ध अप्रत्यक्ष कर ₹550 करोड़ है तो साधन लागत कितनी होगी?

If market price is ₹4,800 crore and net indirect taxes are ₹550 crore what will be factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹4,250 करोड़₹4,250 crore

Step 1

Concept

Factor cost (=4800-550=4250) crore. Subtract net indirect taxes from market price.

Step 2

Why this answer is correct

The correct answer is B. ₹4,250 करोड़ / ₹4,250 crore. Factor cost (=4800-550=4250) crore. Subtract net indirect taxes from market price.

Step 3

Exam Tip

साधन लागत (=4800-550=4250) करोड़ है। बाजार मूल्य से शुद्ध अप्रत्यक्ष कर घटाएं।

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यदि अप्रत्यक्ष कर ₹800 करोड़ और सब्सिडी ₹300 करोड़ है तो दोनों मूल्यों का अंतर कितना होगा?

If indirect taxes are ₹800 crore and subsidies are ₹300 crore what will be the difference between the two values?

Explanation opens after your attempt
Correct Answer

B. ₹500 करोड़₹500 crore

Step 1

Concept

The difference between market price and factor cost equals net indirect taxes. It is (800-300=500) crore.

Step 2

Why this answer is correct

The correct answer is B. ₹500 करोड़ / ₹500 crore. The difference between market price and factor cost equals net indirect taxes. It is (800-300=500) crore.

Step 3

Exam Tip

बाजार मूल्य और साधन लागत का अंतर शुद्ध अप्रत्यक्ष कर के बराबर है। यह (800-300=500) करोड़ है।

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