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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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कौन-सा example transfer payment और factor payment के अंतर को सही दिखाता है?

Which example correctly shows the difference between transfer payment and factor payment?

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Correct Answer

A. Scholarship transfer है, wage factor payment हैScholarship is transfer, wage is factor payment

Step 1

Concept

No current productive service is received for scholarship, while wage is a reward for service. Check the presence of return service.

Step 2

Why this answer is correct

The correct answer is A. Scholarship transfer है, wage factor payment है / Scholarship is transfer, wage is factor payment. No current productive service is received for scholarship, while wage is a reward for service. Check the presence of return service.

Step 3

Exam Tip

Scholarship के बदले current productive service नहीं मिलती, wage service का reward है। परीक्षा में return service की उपस्थिति देखें।

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यदि old shares की sale में brokerage ₹2 लाख है, तो NNP accounting में brokerage की nature क्या होगी?

If brokerage on sale of old shares is ₹2 lakh, what is the nature of brokerage in NNP accounting?

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Correct Answer

A. Current service output

Step 1

Concept

Brokerage is payment for current financial service, while value of old shares is not current output. Identify service income separately.

Step 2

Why this answer is correct

The correct answer is A. Current service output. Brokerage is payment for current financial service, while value of old shares is not current output. Identify service income separately.

Step 3

Exam Tip

Brokerage current financial service का payment है, जबकि old shares का value current output नहीं है। परीक्षा में service income को अलग पहचानें।

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यदि \(NNP_{MP}\) में indirect taxes शामिल हैं, तो \(NNP_{FC}\) में जाने पर उन्हें कैसे treat किया जाता है?

If indirect taxes are included in \(NNP_{MP}\), how are they treated when moving to \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. Subsidies adjust करके net indirect taxes घटाए जाते हैंAfter adjusting subsidies, net indirect taxes are subtracted

Step 1

Concept

In MP to FC conversion NIT is subtracted, not just gross indirect taxes. Always adjust subsidies in exams.

Step 2

Why this answer is correct

The correct answer is A. Subsidies adjust करके net indirect taxes घटाए जाते हैं / After adjusting subsidies, net indirect taxes are subtracted. In MP to FC conversion NIT is subtracted, not just gross indirect taxes. Always adjust subsidies in exams.

Step 3

Exam Tip

MP से FC conversion में NIT घटता है, केवल gross indirect taxes नहीं। परीक्षा में subsidies adjustment जरूर करें।

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यदि indirect taxes ₹200 और subsidies ₹75 हैं, तो \(NNP_{MP}\) और \(NNP_{FC}\) में कितना अंतर होगा?

If indirect taxes are ₹200 and subsidies are ₹75, what will be the difference between \(NNP_{MP}\) and \(NNP_{FC}\)?

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Correct Answer

A. ₹125

Step 1

Concept

NIT (=200-75=125), which is the difference between MP and FC. Use net indirect tax for the difference.

Step 2

Why this answer is correct

The correct answer is A. ₹125. NIT (=200-75=125), which is the difference between MP and FC. Use net indirect tax for the difference.

Step 3

Exam Tip

NIT (=200-75=125), यही MP और FC का अंतर है। परीक्षा में difference के लिए net indirect tax लें।

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यदि \(GNP_{FC}\) और \(GDP_{FC}\) के बीच अंतर positive है, तो इसका NNP calculation में क्या संकेत है?

If the difference between \(GNP_{FC}\) and \(GDP_{FC}\) is positive, what does it indicate in NNP calculation?

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Correct Answer

A. NFIA positive हैNFIA is positive

Step 1

Concept

A positive difference between GNP and GDP shows positive NFIA. If national product exceeds domestic product, treat it as net factor receipt from abroad.

Step 2

Why this answer is correct

The correct answer is A. NFIA positive है / NFIA is positive. A positive difference between GNP and GDP shows positive NFIA. If national product exceeds domestic product, treat it as net factor receipt from abroad.

Step 3

Exam Tip

GNP और GDP का positive difference NFIA positive दिखाता है। परीक्षा में national product domestic से अधिक हो तो abroad से net factor receipt समझें।

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यदि \(GDP_{FC}=1500\), \(GNP_{FC}=1580\), और depreciation (=100) करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{FC}=1500\), \(GNP_{FC}=1580\), and depreciation (=100) crore, what is \(NNP_{FC}\)?

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Correct Answer

A. ₹1480 करोड़₹1480 crore

Step 1

Concept

\(NNP_{FC}=GNP_{FC}-Depreciation=1580-100=1480\) crore. Once GNPFC is given, do not add NFIA separately.

Step 2

Why this answer is correct

The correct answer is A. ₹1480 करोड़ / ₹1480 crore. \(NNP_{FC}=GNP_{FC}-Depreciation=1580-100=1480\) crore. Once GNPFC is given, do not add NFIA separately.

Step 3

Exam Tip

\(NNP_{FC}=GNP_{FC}-Depreciation=1580-100=1480\) करोड़। परीक्षा में GNPFC मिलते ही NFIA अलग से नहीं जोड़ें।

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किस case में \(NNP_{FC}\) निकालते समय depreciation दोबारा घटाने की गलती सबसे अधिक हो सकती है?

In which case is the mistake of subtracting depreciation again most likely while calculating \(NNP_{FC}\)?

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Correct Answer

A. जब starting aggregate \(NDP_{MP}\) होWhen starting aggregate is \(NDP_{MP}\)

Step 1

Concept

NDP is already net domestic product, so depreciation has already been deducted. In D to N conversion, check only NFIA and price basis.

Step 2

Why this answer is correct

The correct answer is A. जब starting aggregate \(NDP_{MP}\) हो / When starting aggregate is \(NDP_{MP}\). NDP is already net domestic product, so depreciation has already been deducted. In D to N conversion, check only NFIA and price basis.

Step 3

Exam Tip

NDP already net domestic product है, इसलिए depreciation पहले से घटा होता है। परीक्षा में D से N conversion में केवल NFIA और price basis देखें।

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यदि \(NDP_{MP}=1000\), NFIA (=40), NIT (=-20) करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(NDP_{MP}=1000\), NFIA (=40), and NIT (=-20) crore, what is \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1060 करोड़₹1060 crore

Step 1

Concept

(NNP_{FC}=1000+40-(-20)=1060) crore. In exams subtracting negative NIT increases the value.

Step 2

Why this answer is correct

The correct answer is A. ₹1060 करोड़ / ₹1060 crore. (NNP_{FC}=1000+40-(-20)=1060) crore. In exams subtracting negative NIT increases the value.

Step 3

Exam Tip

(NNP_{FC}=1000+40-(-20)=1060) करोड़। परीक्षा में negative NIT घटाने पर value बढ़ती है।

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NNP numericals में सबसे पहले क्या पहचानना चाहिए?

What should be identified first in NNP numericals?

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Correct Answer

A. Starting aggregate का basis: domestic या national, gross या net, MP या FCBasis of starting aggregate: domestic or national, gross or net, MP or FC

Step 1

Concept

Identifying the three bases of the starting aggregate decides the correct adjustment. Applying formula without basis identification causes sign errors.

Step 2

Why this answer is correct

The correct answer is A. Starting aggregate का basis: domestic या national, gross या net, MP या FC / Basis of starting aggregate: domestic or national, gross or net, MP or FC. Identifying the three bases of the starting aggregate decides the correct adjustment. Applying formula without basis identification causes sign errors.

Step 3

Exam Tip

Starting aggregate की तीन bases पहचानने से सही adjustment तय होता है। परीक्षा में बिना basis पहचाने formula लगाने से sign error होता है।

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यदि \(NNP_{MP}=1600\), NIT (=90), और NFIA (=-40) करोड़ है, तो \(NDP_{FC}\) कितना होगा?

If \(NNP_{MP}=1600\), NIT (=90), and NFIA (=-40) crore, what is \(NDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1550 करोड़₹1550 crore

Step 1

Concept

(NDP_{FC}=NNP_{MP}-NFIA-NIT=1600-(-40)-90=1550) crore. In exams subtracting negative NFIA while moving from national to domestic increases the value.

Step 2

Why this answer is correct

The correct answer is A. ₹1550 करोड़ / ₹1550 crore. (NDP_{FC}=NNP_{MP}-NFIA-NIT=1600-(-40)-90=1550) crore. In exams subtracting negative NFIA while moving from national to domestic increases the value.

Step 3

Exam Tip

(NDP_{FC}=NNP_{MP}-NFIA-NIT=1600-(-40)-90=1550) करोड़। परीक्षा में national से domestic जाते समय negative NFIA घटाने पर value बढ़ती है।

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