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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 परिवार वस्तुएं किस बाजार से खरीदते हैं?

From which market do households buy goods in the two-sector model?

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Correct Answer

B. उत्पाद बाजारProduct market

Step 1

Concept

Households buy goods and services from the product market. This shows their consumption demand.

Step 2

Why this answer is correct

The correct answer is B. उत्पाद बाजार / Product market. Households buy goods and services from the product market. This shows their consumption demand.

Step 3

Exam Tip

परिवार उत्पाद बाजार से वस्तुएं और सेवाएं खरीदते हैं। यह उनकी उपभोग मांग को दिखाता है।

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दो-क्षेत्रीय मॉडल में परिवारों से फर्मों को जाने वाली भूमि श्रम पूंजी और उद्यम क्या कहलाते हैं?

What are land labour capital and enterprise moving from households to firms called in the two-sector model?

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Correct Answer

A. कारक सेवाएंFactor services

Step 1

Concept

These are all services of factors of production. Firms use them for production.

Step 2

Why this answer is correct

The correct answer is A. कारक सेवाएं / Factor services. These are all services of factors of production. Firms use them for production.

Step 3

Exam Tip

ये सभी उत्पादन कारकों की सेवाएं हैं। फर्म इनका उपयोग उत्पादन के लिए करती हैं।

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दो-क्षेत्रीय मॉडल में परिवारों की आय फर्मों के लिए क्या बनती है जब परिवार वस्तुएं खरीदते हैं?

In the two-sector model what does household income become for firms when households buy goods?

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Correct Answer

A. बिक्री प्राप्तिSales receipt

Step 1

Concept

Household income when spent becomes sales receipt of firms. This completes the money flow.

Step 2

Why this answer is correct

The correct answer is A. बिक्री प्राप्ति / Sales receipt. Household income when spent becomes sales receipt of firms. This completes the money flow.

Step 3

Exam Tip

परिवारों की आय खर्च होकर फर्मों की बिक्री प्राप्ति बनती है। इससे मौद्रिक प्रवाह पूरा होता है।

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दो-क्षेत्रीय मॉडल में फर्मों द्वारा दिया गया किराया किसके लिए आय है?

For whom is rent paid by firms an income in the two-sector model?

Explanation opens after your attempt
Correct Answer

A. परिवारों के लिएFor households

Step 1

Concept

Rent is received by households for land service. Therefore it is factor income of households.

Step 2

Why this answer is correct

The correct answer is A. परिवारों के लिए / For households. Rent is received by households for land service. Therefore it is factor income of households.

Step 3

Exam Tip

किराया परिवारों को भूमि सेवा के बदले मिलता है। इसलिए यह परिवारों की कारक आय है।

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दो-क्षेत्रीय मॉडल में फर्मों द्वारा उत्पादित सेवाएं परिवारों तक पहुंचना किस प्रवाह का भाग है?

Services produced by firms reaching households are part of which flow in the two-sector model?

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Correct Answer

A. वास्तविक प्रवाहReal flow

Step 1

Concept

Services reaching households are real flow. It does not include money payment.

Step 2

Why this answer is correct

The correct answer is A. वास्तविक प्रवाह / Real flow. Services reaching households are real flow. It does not include money payment.

Step 3

Exam Tip

सेवाओं का परिवारों तक पहुंचना वास्तविक प्रवाह है। इसमें मुद्रा भुगतान शामिल नहीं होता।

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दो-क्षेत्रीय मॉडल में कौन सा कथन गलत है?

Which statement is incorrect in the two-sector model?

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Correct Answer

C. सरकार कर वसूलती हैGovernment collects taxes

Step 1

Concept

Government is not a part of the two-sector model. Therefore tax collection is not included in this model.

Step 2

Why this answer is correct

The correct answer is C. सरकार कर वसूलती है / Government collects taxes. Government is not a part of the two-sector model. Therefore tax collection is not included in this model.

Step 3

Exam Tip

सरकार दो-क्षेत्रीय मॉडल का भाग नहीं होती। इसलिए कर वसूली इस मॉडल में शामिल नहीं है।

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दो-क्षेत्रीय मॉडल में उत्पाद बाजार का संबंध किससे है?

With what is the product market connected in the two-sector model?

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Correct Answer

A. वस्तुओं और सेवाओं की खरीद बिक्रीBuying and selling of goods and services

Step 1

Concept

The product market deals with buying and selling of goods and services. Firms are sellers and households are buyers here.

Step 2

Why this answer is correct

The correct answer is A. वस्तुओं और सेवाओं की खरीद बिक्री / Buying and selling of goods and services. The product market deals with buying and selling of goods and services. Firms are sellers and households are buyers here.

Step 3

Exam Tip

उत्पाद बाजार में वस्तुओं और सेवाओं की खरीद बिक्री होती है। यहां फर्म विक्रेता और परिवार खरीदार होते हैं।

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दो-क्षेत्रीय मॉडल में कारक बाजार का संबंध किससे है?

With what is the factor market connected in the two-sector model?

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Correct Answer

B. उत्पादन कारकों की सेवाओं सेServices of factors of production

Step 1

Concept

The factor market deals with services of factors of production. Firms are buyers and households are sellers.

Step 2

Why this answer is correct

The correct answer is B. उत्पादन कारकों की सेवाओं से / Services of factors of production. The factor market deals with services of factors of production. Firms are buyers and households are sellers.

Step 3

Exam Tip

कारक बाजार में उत्पादन कारकों की सेवाओं का लेन-देन होता है। फर्म खरीदार और परिवार विक्रेता होते हैं।

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दो-क्षेत्रीय आय चक्र में फर्मों की आय और परिवारों का व्यय आपस में कैसे जुड़े हैं?

How are firms income and household expenditure related in the two-sector circular flow?

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Correct Answer

A. परिवारों का व्यय फर्मों की आय बनता हैHousehold expenditure becomes firms income

Step 1

Concept

When households buy goods firms receive income. This is the money relation of the income flow.

Step 2

Why this answer is correct

The correct answer is A. परिवारों का व्यय फर्मों की आय बनता है / Household expenditure becomes firms income. When households buy goods firms receive income. This is the money relation of the income flow.

Step 3

Exam Tip

परिवार वस्तुएं खरीदते हैं तो फर्मों को आय मिलती है। यही आय चक्र का मौद्रिक संबंध है।

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दो-क्षेत्रीय मॉडल में परिवारों की आय और फर्मों की लागत का संबंध क्या है?

What is the relation between household income and firms cost in the two-sector model?

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Correct Answer

A. फर्मों का कारक भुगतान परिवारों की आय बनता हैFirms factor payment becomes household income

Step 1

Concept

Firms pay for factor services and the same becomes household income. This is money flow in the factor market.

Step 2

Why this answer is correct

The correct answer is A. फर्मों का कारक भुगतान परिवारों की आय बनता है / Firms factor payment becomes household income. Firms pay for factor services and the same becomes household income. This is money flow in the factor market.

Step 3

Exam Tip

फर्म कारक सेवाओं के लिए भुगतान करती हैं और वही परिवारों की आय बनता है। यह कारक बाजार का मौद्रिक प्रवाह है।

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