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Economics Circular flow of income: two-sector model MCQ Questions for Class 12 Humanities

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Circular flow of income: two-sector model Practice Questions

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दो-क्षेत्रीय मॉडल में आय का प्रवाह लगातार क्यों बना रहता है?

Why does the flow of income continue in the two-sector model?

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Correct Answer

A. क्योंकि परिवार आय खर्च करते हैं और फर्म भुगतान करती हैंBecause households spend income and firms make payments

Step 1

Concept

Household spending becomes income of firms and firm payments become income of households. This relation keeps the flow continuing.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि परिवार आय खर्च करते हैं और फर्म भुगतान करती हैं / Because households spend income and firms make payments. Household spending becomes income of firms and firm payments become income of households. This relation keeps the flow continuing.

Step 3

Exam Tip

परिवारों का खर्च फर्मों की आय बनता है और फर्मों का भुगतान परिवारों की आय बनता है। इस संबंध से चक्र जारी रहता है।

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दो-क्षेत्रीय मॉडल में यदि फर्म कारक सेवाओं की मांग बढ़ाएं तो परिवारों की किस आय पर असर होगा?

If firms increase demand for factor services in the two-sector model which income of households will be affected?

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Correct Answer

A. कारक आयFactor income

Step 1

Concept

When demand for factor services rises factor payments may rise. This affects household factor income.

Step 2

Why this answer is correct

The correct answer is A. कारक आय / Factor income. When demand for factor services rises factor payments may rise. This affects household factor income.

Step 3

Exam Tip

कारक सेवाओं की मांग बढ़ने पर कारक भुगतान बढ़ सकते हैं। इससे परिवारों की कारक आय प्रभावित होती है।

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सरल दो-क्षेत्रीय मॉडल में कुल उत्पादन किसके लिए किया जाता है?

In the simple two-sector model total output is produced for whom?

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Correct Answer

C. परिवारों के लिएFor households

Step 1

Concept

Firms output satisfies consumption demand of households. Therefore households are the final buyers.

Step 2

Why this answer is correct

The correct answer is C. परिवारों के लिए / For households. Firms output satisfies consumption demand of households. Therefore households are the final buyers.

Step 3

Exam Tip

फर्मों का उत्पादन परिवारों की उपभोग मांग को पूरा करता है। इसलिए परिवार अंतिम खरीदार होते हैं।

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दो-क्षेत्रीय मॉडल में वास्तविक प्रवाह किस चीज को नहीं दिखाता?

What does real flow not show in the two-sector model?

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Correct Answer

C. मुद्रा भुगतानMoney payments

Step 1

Concept

Real flow shows goods services and factor services. Money payments come under money flow.

Step 2

Why this answer is correct

The correct answer is C. मुद्रा भुगतान / Money payments. Real flow shows goods services and factor services. Money payments come under money flow.

Step 3

Exam Tip

वास्तविक प्रवाह वस्तुओं सेवाओं और कारक सेवाओं को दिखाता है। मुद्रा भुगतान मौद्रिक प्रवाह में आता है।

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दो-क्षेत्रीय मॉडल में मौद्रिक प्रवाह किस चीज को दिखाता है?

What does money flow show in the two-sector model?

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Correct Answer

A. भुगतान और प्राप्तिPayments and receipts

Step 1

Concept

Money flow shows income expenditure payments and receipts in money form. It moves opposite to real flow.

Step 2

Why this answer is correct

The correct answer is A. भुगतान और प्राप्ति / Payments and receipts. Money flow shows income expenditure payments and receipts in money form. It moves opposite to real flow.

Step 3

Exam Tip

मौद्रिक प्रवाह आय व्यय भुगतान और प्राप्ति को मुद्रा में दिखाता है। यह वास्तविक प्रवाह के उलट चलता है।

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यदि परिवार अपनी आय का कुछ भाग बचाते हैं तो वह आय चक्र से क्या मानी जाती है?

If households save a part of their income what is it considered from the circular flow?

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Correct Answer

A. रिसावLeakage

Step 1

Concept

Saving does not go into spending and moves out of the income flow. Therefore it is called leakage.

Step 2

Why this answer is correct

The correct answer is A. रिसाव / Leakage. Saving does not go into spending and moves out of the income flow. Therefore it is called leakage.

Step 3

Exam Tip

बचत खर्च में न जाकर आय चक्र से बाहर निकलती है। इसलिए इसे रिसाव कहा जाता है।

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दो-क्षेत्रीय मॉडल में फर्मों का निवेश आय चक्र में क्या करता है?

What does investment by firms do in the income flow of the two-sector model?

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Correct Answer

A. नई मांग जोड़ता हैAdds new demand

Step 1

Concept

Investment adds expenditure to the income flow. Therefore it is considered an injection.

Step 2

Why this answer is correct

The correct answer is A. नई मांग जोड़ता है / Adds new demand. Investment adds expenditure to the income flow. Therefore it is considered an injection.

Step 3

Exam Tip

निवेश आय चक्र में खर्च जोड़ता है। इसलिए इसे इंजेक्शन माना जाता है।

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यदि बचत निवेश से अधिक हो जाए तो सरल आय चक्र पर क्या दबाव बन सकता है?

If saving becomes greater than investment what pressure may arise on the simple income flow?

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Correct Answer

A. मांग घटने का दबावPressure of falling demand

Step 1

Concept

When saving is higher spending may fall. This creates pressure of lower demand in the income flow.

Step 2

Why this answer is correct

The correct answer is A. मांग घटने का दबाव / Pressure of falling demand. When saving is higher spending may fall. This creates pressure of lower demand in the income flow.

Step 3

Exam Tip

बचत अधिक होने पर खर्च कम हो सकता है। इससे आय चक्र में मांग घटने का दबाव बनता है।

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यदि निवेश बचत के बराबर हो तो आय चक्र में क्या संतुलित होता है?

If investment equals saving what gets balanced in the income flow?

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Correct Answer

A. रिसाव और इंजेक्शनLeakage and injection

Step 1

Concept

Saving is leakage and investment is injection. When both are equal income flow can remain stable.

Step 2

Why this answer is correct

The correct answer is A. रिसाव और इंजेक्शन / Leakage and injection. Saving is leakage and investment is injection. When both are equal income flow can remain stable.

Step 3

Exam Tip

बचत रिसाव है और निवेश इंजेक्शन है। दोनों बराबर होने पर आय प्रवाह स्थिर रह सकता है।

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दो-क्षेत्रीय मॉडल में फर्मों को कारक सेवाएं किस बाजार से मिलती हैं?

From which market do firms get factor services in the two-sector model?

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Correct Answer

A. कारक बाजारFactor market

Step 1

Concept

Firms buy factor services in the factor market. Households are sellers of these services.

Step 2

Why this answer is correct

The correct answer is A. कारक बाजार / Factor market. Firms buy factor services in the factor market. Households are sellers of these services.

Step 3

Exam Tip

कारक बाजार में फर्म कारक सेवाएं खरीदती हैं। परिवार इन सेवाओं के विक्रेता होते हैं।

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