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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 कौन सा प्रवाह वास्तविक प्रवाह का उदाहरण नहीं है?

Which flow is not an example of real flow in the two-sector model?

Explanation opens after your attempt
Correct Answer

C. मजदूरी भुगतानWage payment

Step 1

Concept

Wage payment is made in money so it is money flow. Real flow includes goods services and factor services.

Step 2

Why this answer is correct

The correct answer is C. मजदूरी भुगतान / Wage payment. Wage payment is made in money so it is money flow. Real flow includes goods services and factor services.

Step 3

Exam Tip

मजदूरी भुगतान मुद्रा में होता है इसलिए यह मौद्रिक प्रवाह है। वास्तविक प्रवाह में वस्तुएं सेवाएं और कारक सेवाएं आती हैं।

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दो-क्षेत्रीय मॉडल में कौन सा प्रवाह मौद्रिक प्रवाह का उदाहरण नहीं है?

Which flow is not an example of money flow in the two-sector model?

Explanation opens after your attempt
Correct Answer

D. कारक सेवाओं की आपूर्तिSupply of factor services

Step 1

Concept

Supply of factor services is real flow. Money flow includes payments of income and expenditure.

Step 2

Why this answer is correct

The correct answer is D. कारक सेवाओं की आपूर्ति / Supply of factor services. Supply of factor services is real flow. Money flow includes payments of income and expenditure.

Step 3

Exam Tip

कारक सेवाओं की आपूर्ति वास्तविक प्रवाह है। मौद्रिक प्रवाह में आय और व्यय के भुगतान आते हैं।

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दो-क्षेत्रीय बंद अर्थव्यवस्था में विदेशी क्षेत्र को हटाने का सीधा अर्थ क्या है?

What is the direct meaning of excluding the foreign sector in a two-sector closed economy?

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Correct Answer

A. आयात और निर्यात शामिल नहीं होंगेImports and exports will not be included

Step 1

Concept

A closed economy assumes no transactions with the foreign sector. Therefore imports and exports are not included in this model.

Step 2

Why this answer is correct

The correct answer is A. आयात और निर्यात शामिल नहीं होंगे / Imports and exports will not be included. A closed economy assumes no transactions with the foreign sector. Therefore imports and exports are not included in this model.

Step 3

Exam Tip

बंद अर्थव्यवस्था में विदेशी क्षेत्र से कोई लेन-देन नहीं माना जाता। इसलिए आयात और निर्यात इस मॉडल में नहीं आते।

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दो-क्षेत्रीय मॉडल में सरकार अनुपस्थित होने से कौन सा प्रवाह नहीं दिखेगा?

Which flow will not be shown because government is absent in the two-sector model?

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Correct Answer

B. कर और सरकारी व्ययTaxes and government expenditure

Step 1

Concept

Since government is absent taxes and government expenditure are not included. The model remains focused on households and firms.

Step 2

Why this answer is correct

The correct answer is B. कर और सरकारी व्यय / Taxes and government expenditure. Since government is absent taxes and government expenditure are not included. The model remains focused on households and firms.

Step 3

Exam Tip

सरकार न होने से कर और सरकारी व्यय का प्रवाह शामिल नहीं होता। मॉडल केवल परिवार और फर्म पर केंद्रित रहता है।

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यदि परिवारों की उपभोग प्रवृत्ति बढ़े तो फर्मों पर पहला प्रभाव क्या होगा?

If households propensity to consume rises what is the first effect on firms?

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Correct Answer

A. फर्मों की बिक्री आय बढ़ सकती हैFirms sales revenue may rise

Step 1

Concept

Higher consumption increases demand in the product market. This may raise firms sales revenue.

Step 2

Why this answer is correct

The correct answer is A. फर्मों की बिक्री आय बढ़ सकती है / Firms sales revenue may rise. Higher consumption increases demand in the product market. This may raise firms sales revenue.

Step 3

Exam Tip

उपभोग बढ़ने से उत्पाद बाजार में मांग बढ़ती है। इससे फर्मों की बिक्री आय बढ़ सकती है।

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यदि फर्मों की उत्पादन योजना बढ़ती है तो कारक बाजार में क्या बदलाव अपेक्षित है?

If firms production plan increases what change is expected in the factor market?

Explanation opens after your attempt
Correct Answer

B. कारक सेवाओं की मांग बढ़ेगीDemand for factor services will rise

Step 1

Concept

For more production firms need more factor services. Therefore demand in the factor market may rise.

Step 2

Why this answer is correct

The correct answer is B. कारक सेवाओं की मांग बढ़ेगी / Demand for factor services will rise. For more production firms need more factor services. Therefore demand in the factor market may rise.

Step 3

Exam Tip

अधिक उत्पादन के लिए फर्मों को अधिक कारक सेवाओं की जरूरत होती है। इसलिए कारक बाजार में मांग बढ़ सकती है।

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दो-क्षेत्रीय मॉडल में परिवारों की दोहरी भूमिका किस विकल्प में सही है?

Which option correctly shows the dual role of households in the two-sector model?

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Correct Answer

C. कारक स्वामी और उपभोक्ताFactor owner and consumer

Step 1

Concept

Households provide factor services and buy goods. Therefore they are both factor owners and consumers.

Step 2

Why this answer is correct

The correct answer is C. कारक स्वामी और उपभोक्ता / Factor owner and consumer. Households provide factor services and buy goods. Therefore they are both factor owners and consumers.

Step 3

Exam Tip

परिवार कारक सेवाएं देते हैं और वस्तुएं खरीदते हैं। इसलिए वे कारक स्वामी और उपभोक्ता दोनों हैं।

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दो-क्षेत्रीय मॉडल में फर्मों की दोहरी भूमिका किस विकल्प में सही है?

Which option correctly shows the dual role of firms in the two-sector model?

Explanation opens after your attempt
Correct Answer

B. उत्पादक और कारक सेवाओं की खरीदारProducer and buyer of factor services

Step 1

Concept

Firms produce goods and buy factor services for production. This is their dual role.

Step 2

Why this answer is correct

The correct answer is B. उत्पादक और कारक सेवाओं की खरीदार / Producer and buyer of factor services. Firms produce goods and buy factor services for production. This is their dual role.

Step 3

Exam Tip

फर्म वस्तुएं बनाती हैं और उत्पादन के लिए कारक सेवाएं खरीदती हैं। यही उनकी दोहरी भूमिका है।

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राष्ट्रीय आय के संदर्भ में दो-क्षेत्रीय आय चक्र क्या स्पष्ट करता है?

In the context of national income what does the two-sector circular flow clarify?

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Correct Answer

C. उत्पादन आय और व्यय की परस्पर निर्भरताInterdependence of production income and expenditure

Step 1

Concept

This model shows that production creates income and income creates expenditure. This is the basic understanding of national income.

Step 2

Why this answer is correct

The correct answer is C. उत्पादन आय और व्यय की परस्पर निर्भरता / Interdependence of production income and expenditure. This model shows that production creates income and income creates expenditure. This is the basic understanding of national income.

Step 3

Exam Tip

यह मॉडल दिखाता है कि उत्पादन से आय बनती है और आय से व्यय बनता है। यही राष्ट्रीय आय की मूल समझ है।

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यदि फर्मों को परिवारों से श्रम सेवा मिलती है तो संबंधित मौद्रिक प्रतिफल क्या होगा?

If firms receive labour service from households what will be the related money reward?

Explanation opens after your attempt
Correct Answer

D. मजदूरीWages

Step 1

Concept

Wages are paid in return for labour service. Matching the factor with its reward is important.

Step 2

Why this answer is correct

The correct answer is D. मजदूरी / Wages. Wages are paid in return for labour service. Matching the factor with its reward is important.

Step 3

Exam Tip

श्रम सेवा के बदले मजदूरी दी जाती है। कारक और उसके प्रतिफल को सही मिलाना जरूरी है।

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