Approximate per capita growth is total growth minus population growth. With population growth of (-2%), it is (5%-(-2%)=7%).
Step 2
Why this answer is correct
The correct answer is A. लगभग (7%) वृद्धि / About (7%) rise. Approximate per capita growth is total growth minus population growth. With population growth of (-2%), it is (5%-(-2%)=7%).
Step 3
Exam Tip
Approximate per capita growth total growth minus population growth होता है। Population growth (-2%) होने पर (5%-(-2%)=7%) होगा।
Per capita growth is approximately (6%-8%=-2%). Per capita can fall even when total NNP rises.
Step 2
Why this answer is correct
The correct answer is A. लगभग (2%) घटेगा / It will fall by about (2%). Per capita growth is approximately (6%-8%=-2%). Per capita can fall even when total NNP rises.
Step 3
Exam Tip
Per capita growth approximately (6%-8%=-2%) होगा। कुल NNP बढ़ने पर भी per capita घट सकता है।
A. वास्तविक जीवन-गुणवत्ता का आकलन अधूरा हो सकता है/Assessment of real quality of life may be incomplete
Step 1
Concept
NNP shows monetary output but does not measure non-monetary quality like leisure. Treat it as a limitation in welfare analysis.
Step 2
Why this answer is correct
The correct answer is A. वास्तविक जीवन-गुणवत्ता का आकलन अधूरा हो सकता है / Assessment of real quality of life may be incomplete. NNP shows monetary output but does not measure non-monetary quality like leisure. Treat it as a limitation in welfare analysis.
Step 3
Exam Tip
NNP monetary output बताता है लेकिन leisure जैसी non-monetary quality को नहीं मापता। Welfare analysis में इसे limitation मानें।
A. NNP बढ़ने से welfare जरूरी नहीं समान अनुपात में बढ़ा हो/Welfare may not have risen in the same proportion as NNP
Step 1
Concept
Higher output may come with loss of leisure. Therefore, do not treat NNP and welfare as identical.
Step 2
Why this answer is correct
The correct answer is A. NNP बढ़ने से welfare जरूरी नहीं समान अनुपात में बढ़ा हो / Welfare may not have risen in the same proportion as NNP. Higher output may come with loss of leisure. Therefore, do not treat NNP and welfare as identical.
Step 3
Exam Tip
अधिक output के साथ leisure loss भी हो सकता है। इसलिए NNP और welfare को एक जैसा न मानें।
A. Measured NNP को actual activity से कम दिखा सकती है/It can make measured NNP lower than actual activity
Step 1
Concept
Hidden activity does not enter official records. This can make measured NNP lower than actual production or income.
Step 2
Why this answer is correct
The correct answer is A. Measured NNP को actual activity से कम दिखा सकती है / It can make measured NNP lower than actual activity. Hidden activity does not enter official records. This can make measured NNP lower than actual production or income.
Step 3
Exam Tip
Hidden activity official records में नहीं आती। इससे measured NNP actual production या income से कम दिख सकती है।
A. Official NNP economy का पूरा picture नहीं दे सकता/Official NNP may not give the complete picture of the economy
Step 1
Concept
If black income is missed, official NNP can be incomplete. Policy conclusions should acknowledge data limitations.
Step 2
Why this answer is correct
The correct answer is A. Official NNP economy का पूरा picture नहीं दे सकता / Official NNP may not give the complete picture of the economy. If black income is missed, official NNP can be incomplete. Policy conclusions should acknowledge data limitations.
Step 3
Exam Tip
Black income छूटने से official NNP incomplete हो सकता है। Policy conclusion में data limitation स्वीकार करनी चाहिए।
A. Target aggregate से base aggregate की दिशा उलटते समय adjustment signs बदलते हैं/Adjustment signs change when direction is reversed from target to base aggregate
Step 1
Concept
In forward and reverse conversion, the direction of the same relation changes. Decide the sign by checking aggregate identity.
Step 2
Why this answer is correct
The correct answer is A. Target aggregate से base aggregate की दिशा उलटते समय adjustment signs बदलते हैं / Adjustment signs change when direction is reversed from target to base aggregate. In forward and reverse conversion, the direction of the same relation changes. Decide the sign by checking aggregate identity.
Step 3
Exam Tip
Forward और reverse conversion में same relation का direction बदलता है। इसलिए sign को aggregate identity देखकर तय करें।
A. क्योंकि ये national, valuation और net conversion की अलग dimensions हैं/Because they represent separate dimensions of national, valuation and net conversion
Step 1
Concept
(NFIA) changes domestic-national, (NIT) changes MP-FC and depreciation changes gross-net. Mixing them increases sign mistakes.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि ये national, valuation और net conversion की अलग dimensions हैं / Because they represent separate dimensions of national, valuation and net conversion. (NFIA) changes domestic-national, (NIT) changes MP-FC and depreciation changes gross-net. Mixing them increases sign mistakes.
Step 3
Exam Tip
(NFIA) domestic-national, (NIT) MP-FC और depreciation gross-net को बदलता है। तीनों को मिलाने से sign mistakes बढ़ती हैं।
A. क्योंकि gross से net जाने पर depreciation घटता है/Because depreciation is deducted when moving from gross to net
Step 1
Concept
\(GDP_{MP}\) is a gross aggregate and \(NNP_{FC}\) is a net aggregate. Therefore, depreciation should be deducted, not added.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि gross से net जाने पर depreciation घटता है / Because depreciation is deducted when moving from gross to net. \(GDP_{MP}\) is a gross aggregate and \(NNP_{FC}\) is a net aggregate. Therefore, depreciation should be deducted, not added.
Step 3
Exam Tip
\(GDP_{MP}\) gross aggregate है और \(NNP_{FC}\) net aggregate है। इसलिए depreciation जोड़ना नहीं, घटाना चाहिए।
