A. Non-factor income शामिल हो जाएगी/Non-factor income will be included
Step 1
Concept
Transfer payments are not received for factor service. In exams link \(NNP_{FC}\) only with factor income.
Step 2
Why this answer is correct
The correct answer is A. Non-factor income शामिल हो जाएगी / Non-factor income will be included. Transfer payments are not received for factor service. In exams link \(NNP_{FC}\) only with factor income.
Step 3
Exam Tip
Transfer payments factor service के बदले नहीं मिलते। परीक्षा में \(NNP_{FC}\) को केवल factor income से जोड़ें।
Lottery prize is a transfer receipt, not factor income. In exams treat only rewards for productive services as factor income.
Step 2
Why this answer is correct
The correct answer is A. लॉटरी पुरस्कार / Lottery prize. Lottery prize is a transfer receipt, not factor income. In exams treat only rewards for productive services as factor income.
Step 3
Exam Tip
Lottery prize transfer receipt है, factor income नहीं। परीक्षा में productive service के reward को ही factor income मानें।
A. यह चालू वर्ष की productive service है/It is a productive service of the current year
Step 1
Concept
The value of old shares is not current output, but broker service is current production. In exams separate asset transfer from service output.
Step 2
Why this answer is correct
The correct answer is A. यह चालू वर्ष की productive service है / It is a productive service of the current year. The value of old shares is not current output, but broker service is current production. In exams separate asset transfer from service output.
Step 3
Exam Tip
पुराने shares का मूल्य current output नहीं है, पर broker service current production है। परीक्षा में asset transfer और service output अलग करें।
A. नए computer की अंतिम बिक्री/Final sale of a new computer
Step 1
Concept
Sale of a new final good is current production. Separately adding an intermediate component causes double counting in exams.
Step 2
Why this answer is correct
The correct answer is A. नए computer की अंतिम बिक्री / Final sale of a new computer. Sale of a new final good is current production. Separately adding an intermediate component causes double counting in exams.
Step 3
Exam Tip
नई final good की sale current production है। परीक्षा में intermediate component को अलग से जोड़ने से double counting होगी।
A. उनका मूल्य final goods में already embodied होता है/Their value is already embodied in final goods
Step 1
Concept
The value of intermediate goods is included in final output. Use value added or final product approach to avoid double counting.
Step 2
Why this answer is correct
The correct answer is A. उनका मूल्य final goods में already embodied होता है / Their value is already embodied in final goods. The value of intermediate goods is included in final output. Use value added or final product approach to avoid double counting.
Step 3
Exam Tip
Intermediate goods का value final output में शामिल रहता है। परीक्षा में value added या final product approach से double counting रोकें।
Under final product approach only the final value of bread, ₹50, is taken. Adding flour separately causes double counting in exams.
Step 2
Why this answer is correct
The correct answer is A. ₹50. Under final product approach only the final value of bread, ₹50, is taken. Adding flour separately causes double counting in exams.
Step 3
Exam Tip
Final product approach में केवल bread का अंतिम मूल्य ₹50 लिया जाता है। परीक्षा में flour को अलग जोड़ना double counting करेगा।
Value added (=50-20=30). In exams final product and value added approaches may look different but both avoid double counting.
Step 2
Why this answer is correct
The correct answer is A. ₹30. Value added (=50-20=30). In exams final product and value added approaches may look different but both avoid double counting.
Step 3
Exam Tip
Value added (=50-20=30) है। परीक्षा में final product और value added approach अलग दिख सकते हैं पर double counting रोकते हैं।
Intermediate goods are included in the value of final goods, so adding them separately is double counting. Remember the final goods only rule.
Step 2
Why this answer is correct
The correct answer is A. Double counting. Intermediate goods are included in the value of final goods, so adding them separately is double counting. Remember the final goods only rule.
Step 3
Exam Tip
Intermediate goods final goods के value में शामिल होते हैं, इसलिए अलग जोड़ना double counting है। परीक्षा में final goods only rule याद रखें।
A. पुरानी किताब की पुनर्बिक्री का पूरा मूल्य/Full resale value of an old book
Step 1
Concept
Full resale value of an old book is not current production. In exams separate current year output from old asset transfer.
Step 2
Why this answer is correct
The correct answer is A. पुरानी किताब की पुनर्बिक्री का पूरा मूल्य / Full resale value of an old book. Full resale value of an old book is not current production. In exams separate current year output from old asset transfer.
Step 3
Exam Tip
पुरानी किताब का full resale value current production नहीं है। परीक्षा में current year output को पुराने asset transfer से अलग करें।
A. Market valuation और recording कठिन होगी/Market valuation and recording will be difficult
Step 1
Concept
Reliable market value and record of unpaid services are difficult to determine. Include paid productive services and generally exclude unpaid personal services.
Step 2
Why this answer is correct
The correct answer is A. Market valuation और recording कठिन होगी / Market valuation and recording will be difficult. Reliable market value and record of unpaid services are difficult to determine. Include paid productive services and generally exclude unpaid personal services.
Step 3
Exam Tip
Unpaid services का reliable market value और record तय करना कठिन होता है। परीक्षा में paid productive services को include और unpaid personal services को सामान्यतः exclude करें।
