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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 आय चक्र में आय का प्रवाह मुख्य रूप से किनके बीच चलता है?

In the two-sector circular flow income mainly flows between whom?

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Correct Answer

A. परिवार और फर्मHouseholds and firms

Step 1

Concept

In the two-sector model income moves between households and firms. Treat it as the base of a simple closed economy.

Step 2

Why this answer is correct

The correct answer is A. परिवार और फर्म / Households and firms. In the two-sector model income moves between households and firms. Treat it as the base of a simple closed economy.

Step 3

Exam Tip

दो-क्षेत्रीय मॉडल में आय परिवारों और फर्मों के बीच घूमती है। इसे सरल बंद अर्थव्यवस्था का आधार मानें।

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दो-क्षेत्रीय मॉडल में परिवार फर्मों से क्या खरीदते हैं?

What do households buy from firms in the two-sector model?

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Correct Answer

B. वस्तुएं और सेवाएंGoods and services

Step 1

Concept

Households use their income to buy goods and services produced by firms. This is connected with the product market.

Step 2

Why this answer is correct

The correct answer is B. वस्तुएं और सेवाएं / Goods and services. Households use their income to buy goods and services produced by firms. This is connected with the product market.

Step 3

Exam Tip

परिवार अपनी आय से फर्मों द्वारा बनाई गई वस्तुएं और सेवाएं खरीदते हैं। यह उत्पाद बाजार से जुड़ा होता है।

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दो-क्षेत्रीय मॉडल में फर्म परिवारों से क्या प्राप्त करती हैं?

What do firms receive from households in the two-sector model?

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Correct Answer

C. कारक सेवाएंFactor services

Step 1

Concept

Firms receive factor services from households for production. Households are factor owners.

Step 2

Why this answer is correct

The correct answer is C. कारक सेवाएं / Factor services. Firms receive factor services from households for production. Households are factor owners.

Step 3

Exam Tip

फर्म उत्पादन के लिए परिवारों से कारक सेवाएं प्राप्त करती हैं। परिवार कारक स्वामी होते हैं।

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दो-क्षेत्रीय आय चक्र में उत्पाद बाजार में खरीदार कौन होता है?

Who is the buyer in the product market in the two-sector circular flow?

Explanation opens after your attempt
Correct Answer

D. परिवारHouseholds

Step 1

Concept

In the product market households buy goods and services. Firms are sellers here.

Step 2

Why this answer is correct

The correct answer is D. परिवार / Households. In the product market households buy goods and services. Firms are sellers here.

Step 3

Exam Tip

उत्पाद बाजार में परिवार वस्तुएं और सेवाएं खरीदते हैं। फर्म यहां विक्रेता होती हैं।

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दो-क्षेत्रीय मॉडल में कारक बाजार में खरीदार कौन होता है?

Who is the buyer in the factor market in the two-sector model?

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Correct Answer

A. फर्मFirms

Step 1

Concept

In the factor market firms buy factor services for production. Households supply these services.

Step 2

Why this answer is correct

The correct answer is A. फर्म / Firms. In the factor market firms buy factor services for production. Households supply these services.

Step 3

Exam Tip

कारक बाजार में फर्म उत्पादन के लिए कारक सेवाएं खरीदती हैं। परिवार इन सेवाओं की आपूर्ति करते हैं।

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दो-क्षेत्रीय मॉडल में परिवारों को फर्मों से मिलने वाला भुगतान क्या कहलाता है?

What is the payment received by households from firms called in the two-sector model?

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Correct Answer

B. कारक आयFactor income

Step 1

Concept

Firms pay factor income to households in return for factor services. It includes wages rent interest and profit.

Step 2

Why this answer is correct

The correct answer is B. कारक आय / Factor income. Firms pay factor income to households in return for factor services. It includes wages rent interest and profit.

Step 3

Exam Tip

फर्म परिवारों को कारक सेवाओं के बदले कारक आय देती हैं। इसमें मजदूरी किराया ब्याज और लाभ आते हैं।

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दो-क्षेत्रीय मॉडल में परिवारों का फर्मों को किया गया भुगतान क्या कहलाता है?

What is the payment made by households to firms called in the two-sector model?

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Correct Answer

C. उपभोग व्ययConsumption expenditure

Step 1

Concept

Households pay consumption expenditure to firms to buy goods and services. It becomes sales revenue for firms.

Step 2

Why this answer is correct

The correct answer is C. उपभोग व्यय / Consumption expenditure. Households pay consumption expenditure to firms to buy goods and services. It becomes sales revenue for firms.

Step 3

Exam Tip

परिवार वस्तुएं और सेवाएं खरीदने के लिए फर्मों को उपभोग व्यय देते हैं। यह फर्मों की बिक्री आय बनता है।

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दो-क्षेत्रीय मॉडल में मुद्रा प्रवाह किस दिशा में चलता है?

In which direction does money flow move in the two-sector model?

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Correct Answer

D. वास्तविक प्रवाह के विपरीतOpposite to real flow

Step 1

Concept

Money flow moves opposite to real flow. It shows payment of income and expenditure.

Step 2

Why this answer is correct

The correct answer is D. वास्तविक प्रवाह के विपरीत / Opposite to real flow. Money flow moves opposite to real flow. It shows payment of income and expenditure.

Step 3

Exam Tip

मुद्रा प्रवाह वास्तविक प्रवाह के विपरीत दिशा में चलता है। यह आय और व्यय के भुगतान को दिखाता है।

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

Which is an example of real flow in the two-sector model?

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Correct Answer

A. परिवारों से फर्मों को श्रम सेवाLabour service from households to firms

Step 1

Concept

Labour service is a factor service and its movement is real flow. Money payment is not real flow.

Step 2

Why this answer is correct

The correct answer is A. परिवारों से फर्मों को श्रम सेवा / Labour service from households to firms. Labour service is a factor service and its movement is real flow. Money payment is not real flow.

Step 3

Exam Tip

श्रम सेवा कारक सेवा है और इसका प्रवाह वास्तविक प्रवाह है। मुद्रा भुगतान वास्तविक प्रवाह नहीं होता।

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

Which is an example of money flow in the two-sector model?

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Correct Answer

B. फर्मों से परिवारों को मजदूरीWages from firms to households

Step 1

Concept

Wages are payments made in money form. Therefore it is an example of money flow.

Step 2

Why this answer is correct

The correct answer is B. फर्मों से परिवारों को मजदूरी / Wages from firms to households. Wages are payments made in money form. Therefore it is an example of money flow.

Step 3

Exam Tip

मजदूरी मुद्रा के रूप में दिया गया भुगतान है। इसलिए यह मौद्रिक प्रवाह का उदाहरण है।

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