When \(GNP_{MP}=GDP_{MP}\), \(NNP_{MP}=GNP_{MP}-Depreciation=GDP_{MP}-70\). Use equality as a shortcut in exams.
Step 2
Why this answer is correct
The correct answer is A. \(GDP_{MP}-70\). When \(GNP_{MP}=GDP_{MP}\), \(NNP_{MP}=GNP_{MP}-Depreciation=GDP_{MP}-70\). Use equality as a shortcut in exams.
Step 3
Exam Tip
जब \(GNP_{MP}=GDP_{MP}\), तब \(NNP_{MP}=GNP_{MP}-Depreciation=GDP_{MP}-70\) होगा। परीक्षा में equality को shortcut की तरह लें।
A. \(NDP_{FC}\) से \(NNP_{FC}\)/From \(NDP_{FC}\) to \(NNP_{FC}\)
Step 1
Concept
\(NDP_{FC}\) is already net and at factor cost, only NFIA is added. Do not apply depreciation when moving from D to N in exams.
Step 2
Why this answer is correct
The correct answer is A. \(NDP_{FC}\) से \(NNP_{FC}\) / From \(NDP_{FC}\) to \(NNP_{FC}\). \(NDP_{FC}\) is already net and at factor cost, only NFIA is added. Do not apply depreciation when moving from D to N in exams.
Step 3
Exam Tip
\(NDP_{FC}\) पहले से net और factor cost पर है, केवल NFIA जोड़ना होता है। परीक्षा में D से N जाने में depreciation न लगाएं।
National income \(=NNP_{FC}=850-20-90=740\) crore. Since \(NDP_{MP}\) is already net, no depreciation deduction is needed.
Step 2
Why this answer is correct
The correct answer is A. ₹740 करोड़ / ₹740 crore. National income \(=NNP_{FC}=850-20-90=740\) crore. Since \(NDP_{MP}\) is already net, no depreciation deduction is needed.
Step 3
Exam Tip
राष्ट्रीय आय \(=NNP_{FC}=850-20-90=740\) करोड़। परीक्षा में \(NDP_{MP}\) से net होने के कारण depreciation घटाने की जरूरत नहीं है।
A. उद्यमिता को मिला प्रतिफल/Reward received by entrepreneurship
Step 1
Concept
Profit is the reward of the entrepreneurial factor, so it is factor income. In exams distinguish profit from transfer receipts.
Step 2
Why this answer is correct
The correct answer is A. उद्यमिता को मिला प्रतिफल / Reward received by entrepreneurship. Profit is the reward of the entrepreneurial factor, so it is factor income. In exams distinguish profit from transfer receipts.
Step 3
Exam Tip
Profit उद्यमी factor का reward है इसलिए factor income में आता है। परीक्षा में profit को transfer receipt से अलग पहचानें।
A. दोनों समान concept हैं/Both are the same concept
Step 1
Concept
In Class 12 macroeconomics, National Income is called \(NNP_{FC}\). Avoid terminology traps in exams.
Step 2
Why this answer is correct
The correct answer is A. दोनों समान concept हैं / Both are the same concept. In Class 12 macroeconomics, National Income is called \(NNP_{FC}\). Avoid terminology traps in exams.
Step 3
Exam Tip
Class 12 macroeconomics में National Income को \(NNP_{FC}\) कहा जाता है। परीक्षा में terminology trap से बचें।
A. मध्यवर्ती वस्तुओं का अलग मूल्य/Separate value of intermediate goods
Step 1
Concept
The value of intermediate goods is included in final goods, so adding it separately causes double counting. Remember the final output approach in exams.
Step 2
Why this answer is correct
The correct answer is A. मध्यवर्ती वस्तुओं का अलग मूल्य / Separate value of intermediate goods. The value of intermediate goods is included in final goods, so adding it separately causes double counting. Remember the final output approach in exams.
Step 3
Exam Tip
Intermediate goods का value final goods में शामिल होता है इसलिए अलग से जोड़ना double counting करेगा। परीक्षा में final output approach याद रखें।
A. NIT (=80) करोड़ और indirect taxes subsidies से अधिक हैं/NIT (=80) crore and indirect taxes are greater than subsidies
Step 1
Concept
NIT \(=NNP_{MP}-NNP_{FC}=80\) crore. Positive NIT means indirect taxes are greater than subsidies.
Step 2
Why this answer is correct
The correct answer is A. NIT (=80) करोड़ और indirect taxes subsidies से अधिक हैं / NIT (=80) crore and indirect taxes are greater than subsidies. NIT \(=NNP_{MP}-NNP_{FC}=80\) crore. Positive NIT means indirect taxes are greater than subsidies.
Step 3
Exam Tip
NIT \(=NNP_{MP}-NNP_{FC}=80\) करोड़ है। Positive NIT का अर्थ indirect taxes subsidies से अधिक हैं।
A. क्योंकि GNP पहले से national aggregate है/Because GNP is already a national aggregate
Step 1
Concept
GNP is already a national concept, so domestic to national conversion is not needed. Identify the initial form of aggregate in exams.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि GNP पहले से national aggregate है / Because GNP is already a national aggregate. GNP is already a national concept, so domestic to national conversion is not needed. Identify the initial form of aggregate in exams.
Step 3
Exam Tip
GNP already national concept है, इसलिए domestic से national conversion की जरूरत नहीं होती। परीक्षा में aggregate के initial form को पहचानें।
NIT (=180-80=100), so national income \(=NNP_{FC}=2200-250-100=1850\) crore. From GNPMP to NNPFC subtract both depreciation and NIT.
Step 2
Why this answer is correct
The correct answer is A. ₹1850 करोड़ / ₹1850 crore. NIT (=180-80=100), so national income \(=NNP_{FC}=2200-250-100=1850\) crore. From GNPMP to NNPFC subtract both depreciation and NIT.
Step 3
Exam Tip
NIT (=180-80=100), इसलिए national income \(=NNP_{FC}=2200-250-100=1850\) करोड़। परीक्षा में GNPMP से NNPFC तक depreciation और NIT दोनों घटाएं।
