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

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Aggregates related to national income - NNP Practice Questions

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गृहिणी की unpaid household service और किसान का self-consumed grain में मुख्य अंतर क्या है?

What is the main difference between unpaid household service of a homemaker and farmer's self-consumed grain?

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Correct Answer

A. Grain marketable output है, household service का valuation कठिन हैGrain is marketable output while household service valuation is difficult

Step 1

Concept

Market value can be assigned to self-consumed grain, but reliable valuation of unpaid household service is difficult. Understand imputed output logic.

Step 2

Why this answer is correct

The correct answer is A. Grain marketable output है, household service का valuation कठिन है / Grain is marketable output while household service valuation is difficult. Market value can be assigned to self-consumed grain, but reliable valuation of unpaid household service is difficult. Understand imputed output logic.

Step 3

Exam Tip

Self-consumed grain का market value लगाया जा सकता है, लेकिन unpaid household service का reliable valuation कठिन है। परीक्षा में imputed output की logic समझें।

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यदि final product approach में final goods ₹900 और intermediate goods ₹350 दोनों जोड़ दिए जाएं, तो overestimation कितनी होगी?

If final goods ₹900 and intermediate goods ₹350 are both added under final product approach, by how much is output overestimated?

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Correct Answer

A. ₹350

Step 1

Concept

The value of intermediate goods is included in final goods, so overestimation will be ₹350. In exams double counting may equal intermediate value.

Step 2

Why this answer is correct

The correct answer is A. ₹350. The value of intermediate goods is included in final goods, so overestimation will be ₹350. In exams double counting may equal intermediate value.

Step 3

Exam Tip

Intermediate goods का value final goods में included है, इसलिए overestimation ₹350 होगी। परीक्षा में double counting amount intermediate value के बराबर हो सकता है।

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यदि firm A ₹100 का cotton बेचती है और firm B ₹180 का cloth बेचती है, तो value added approach से कुल value added कितना होगा?

If firm A sells cotton worth ₹100 and firm B sells cloth worth ₹180, what is total value added under value added approach?

Explanation opens after your attempt
Correct Answer

A. ₹180

Step 1

Concept

Firm A's value added is ₹100 and firm B's is ₹80, total ₹180. In exams final output value and total value added can be equal.

Step 2

Why this answer is correct

The correct answer is A. ₹180. Firm A's value added is ₹100 and firm B's is ₹80, total ₹180. In exams final output value and total value added can be equal.

Step 3

Exam Tip

Firm A का value added ₹100 और firm B का ₹80 है, कुल ₹180 होगा। परीक्षा में final output value और total value added बराबर हो सकते हैं।

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यदि \(GNP_{FC}\) बढ़ता है पर depreciation भी उतनी ही राशि से बढ़ता है, तो \(NNP_{FC}\) पर क्या प्रभाव होगा?

If \(GNP_{FC}\) rises but depreciation also rises by the same amount, what happens to \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. यह समान रह सकता हैIt may remain unchanged

Step 1

Concept

\(NNP_{FC}=GNP_{FC}-Depreciation\), so equal increases can have zero net effect. In change-based questions, compare differences.

Step 2

Why this answer is correct

The correct answer is A. यह समान रह सकता है / It may remain unchanged. \(NNP_{FC}=GNP_{FC}-Depreciation\), so equal increases can have zero net effect. In change-based questions, compare differences.

Step 3

Exam Tip

\(NNP_{FC}=GNP_{FC}-Depreciation\), इसलिए equal increase का net effect zero हो सकता है। परीक्षा में change-based questions में difference देखें।

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यदि \(NNP_{MP}\) unchanged है और NIT बढ़ता है, तो \(NNP_{FC}\) पर क्या होगा?

If \(NNP_{MP}\) is unchanged and NIT increases, what happens to \(NNP_{FC}\)?

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Correct Answer

A. घटेगाIt will decrease

Step 1

Concept

\(NNP_{FC}=NNP_{MP}-NIT\), so higher NIT reduces FC value. Use MP-FC relation to derive direction.

Step 2

Why this answer is correct

The correct answer is A. घटेगा / It will decrease. \(NNP_{FC}=NNP_{MP}-NIT\), so higher NIT reduces FC value. Use MP-FC relation to derive direction.

Step 3

Exam Tip

\(NNP_{FC}=NNP_{MP}-NIT\), इसलिए NIT बढ़ने से FC value घटेगी। परीक्षा में MP-FC relation से direction निकालें।

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यदि \(NNP_{FC}\) unchanged है और NIT घटता है, तो \(NNP_{MP}\) पर क्या प्रभाव होगा?

If \(NNP_{FC}\) is unchanged and NIT decreases, what happens to \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. घटेगाIt will decrease

Step 1

Concept

\(NNP_{MP}=NNP_{FC}+NIT\), so when NIT falls, NNPMP falls. In FC to MP conversion, NIT is added.

Step 2

Why this answer is correct

The correct answer is A. घटेगा / It will decrease. \(NNP_{MP}=NNP_{FC}+NIT\), so when NIT falls, NNPMP falls. In FC to MP conversion, NIT is added.

Step 3

Exam Tip

\(NNP_{MP}=NNP_{FC}+NIT\), इसलिए NIT घटने पर NNPMP घटेगा। परीक्षा में FC से MP conversion में NIT जोड़ते हैं।

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यदि \(NNP_{FC}\) \(NDP_{FC}\) से कम है, तो किस flow का संकेत मिलता है?

If \(NNP_{FC}\) is less than \(NDP_{FC}\), which flow is indicated?

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Correct Answer

A. विदेश को net factor paymentNet factor payment to abroad

Step 1

Concept

Lower NNPFC means NFIA is negative, meaning net factor payment abroad is higher. Link national-domestic gap with external factor income flow.

Step 2

Why this answer is correct

The correct answer is A. विदेश को net factor payment / Net factor payment to abroad. Lower NNPFC means NFIA is negative, meaning net factor payment abroad is higher. Link national-domestic gap with external factor income flow.

Step 3

Exam Tip

NNPFC कम होने का मतलब NFIA negative है, यानी विदेश को net factor payment अधिक है। परीक्षा में national-domestic gap को external factor income flow से जोड़ें।

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यदि \(NNP_{FC}=1320\) और \(NDP_{FC}=1400\) करोड़ है, तो NFIA और उसका अर्थ क्या है?

If \(NNP_{FC}=1320\) and \(NDP_{FC}=1400\) crore, what is NFIA and its meaning?

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Correct Answer

A. ₹-80 करोड़, विदेश को net payment₹-80 crore, net payment abroad

Step 1

Concept

NFIA (=1320-1400=-80) crore. In exams negative NFIA means income paid abroad is higher.

Step 2

Why this answer is correct

The correct answer is A. ₹-80 करोड़, विदेश को net payment / ₹-80 crore, net payment abroad. NFIA (=1320-1400=-80) crore. In exams negative NFIA means income paid abroad is higher.

Step 3

Exam Tip

NFIA (=1320-1400=-80) करोड़ है। परीक्षा में negative NFIA का अर्थ paid abroad अधिक है।

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किस pair को NNP conversion में गलत माना जाएगा?

Which pair would be considered incorrect in NNP conversion?

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Correct Answer

A. MP to FC - NFIA घटानाMP to FC - subtract NFIA

Step 1

Concept

MP to FC conversion is done through NIT, not NFIA. Do not mix price basis and residence basis in exams.

Step 2

Why this answer is correct

The correct answer is A. MP to FC - NFIA घटाना / MP to FC - subtract NFIA. MP to FC conversion is done through NIT, not NFIA. Do not mix price basis and residence basis in exams.

Step 3

Exam Tip

MP to FC conversion NIT से होता है, NFIA से नहीं। परीक्षा में price basis और residence basis को mix न करें।

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यदि \(GDP_{MP}\) से \(NNP_{MP}\) निकालना हो, तो NIT की जरूरत क्यों नहीं पड़ेगी?

Why is NIT not needed while deriving \(NNP_{MP}\) from \(GDP_{MP}\)?

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Correct Answer

A. क्योंकि दोनों market price पर हैंBecause both are at market price

Step 1

Concept

Both \(GDP_{MP}\) and \(NNP_{MP}\) are on MP basis, so price basis conversion is not needed. Avoid NIT on the same price basis.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि दोनों market price पर हैं / Because both are at market price. Both \(GDP_{MP}\) and \(NNP_{MP}\) are on MP basis, so price basis conversion is not needed. Avoid NIT on the same price basis.

Step 3

Exam Tip

\(GDP_{MP}\) और \(NNP_{MP}\) दोनों MP basis पर हैं, इसलिए price basis conversion नहीं चाहिए। परीक्षा में same price basis पर NIT avoid करें।

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