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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 परिवारों की बचत कहां जा सकती है?

Where can household saving go in the two-sector model?

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Correct Answer

A. वित्तीय बाजारFinancial market

Step 1

Concept

Household saving can go to the financial market. Firms can receive funds from there for investment.

Step 2

Why this answer is correct

The correct answer is A. वित्तीय बाजार / Financial market. Household saving can go to the financial market. Firms can receive funds from there for investment.

Step 3

Exam Tip

परिवारों की बचत वित्तीय बाजार में जा सकती है। वहीं से फर्म निवेश के लिए धन प्राप्त कर सकती हैं।

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दो-क्षेत्रीय मॉडल में फर्म निवेश के लिए धन किससे प्राप्त कर सकती हैं?

From where can firms receive funds for investment in the two-sector model?

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Correct Answer

B. वित्तीय बाजारFinancial market

Step 1

Concept

Firms can receive funds for investment from the financial market. It connects saving with investment.

Step 2

Why this answer is correct

The correct answer is B. वित्तीय बाजार / Financial market. Firms can receive funds for investment from the financial market. It connects saving with investment.

Step 3

Exam Tip

फर्म वित्तीय बाजार से निवेश के लिए धन प्राप्त कर सकती हैं। यह बचत को निवेश से जोड़ता है।

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दो-क्षेत्रीय मॉडल में बंद अर्थव्यवस्था की पहचान क्या है?

What is the feature of a closed economy in the two-sector model?

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Correct Answer

C. विदेशी क्षेत्र से लेन-देन नहीं होताThere are no transactions with foreign sector

Step 1

Concept

A closed economy assumes no transactions with the foreign sector. Therefore both imports and exports are absent.

Step 2

Why this answer is correct

The correct answer is C. विदेशी क्षेत्र से लेन-देन नहीं होता / There are no transactions with foreign sector. A closed economy assumes no transactions with the foreign sector. Therefore both imports and exports are absent.

Step 3

Exam Tip

बंद अर्थव्यवस्था में विदेशी क्षेत्र से कोई लेन-देन नहीं माना जाता। इसलिए आयात और निर्यात दोनों अनुपस्थित होते हैं।

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दो-क्षेत्रीय आय चक्र का चित्र बनाते समय सामान्यतः कितने मुख्य क्षेत्र दिखाए जाते हैं?

While drawing the two-sector circular flow diagram how many main sectors are usually shown?

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Correct Answer

D. दोTwo

Step 1

Concept

This model has two main sectors households and firms. Therefore these are mainly shown in the diagram.

Step 2

Why this answer is correct

The correct answer is D. दो / Two. This model has two main sectors households and firms. Therefore these are mainly shown in the diagram.

Step 3

Exam Tip

इस मॉडल में दो मुख्य क्षेत्र परिवार और फर्म होते हैं। इसलिए चित्र में इन्हीं को मुख्य रूप से दिखाया जाता है।

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दो-क्षेत्रीय मॉडल में परिवार वस्तुओं और सेवाओं की आपूर्ति करते हैं या मांग?

In the two-sector model do households supply or demand goods and services?

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Correct Answer

A. मांग करते हैंDemand them

Step 1

Concept

Households demand goods and services. Firms supply them.

Step 2

Why this answer is correct

The correct answer is A. मांग करते हैं / Demand them. Households demand goods and services. Firms supply them.

Step 3

Exam Tip

परिवार वस्तुओं और सेवाओं की मांग करते हैं। फर्म इनकी आपूर्ति करती हैं।

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दो-क्षेत्रीय मॉडल में फर्म कारक सेवाओं की आपूर्ति करती हैं या मांग?

In the two-sector model do firms supply or demand factor services?

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Correct Answer

B. मांग करती हैंDemand them

Step 1

Concept

Firms demand factor services for production. Households supply them.

Step 2

Why this answer is correct

The correct answer is B. मांग करती हैं / Demand them. Firms demand factor services for production. Households supply them.

Step 3

Exam Tip

फर्म उत्पादन के लिए कारक सेवाओं की मांग करती हैं। परिवार इनकी आपूर्ति करते हैं।

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दो-क्षेत्रीय मॉडल में फर्मों द्वारा वस्तुओं की आपूर्ति किस बाजार में होती है?

In which market do firms supply goods in the two-sector model?

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Correct Answer

C. उत्पाद बाजारProduct market

Step 1

Concept

Firms supply goods and services in the product market. Households are buyers there.

Step 2

Why this answer is correct

The correct answer is C. उत्पाद बाजार / Product market. Firms supply goods and services in the product market. Households are buyers there.

Step 3

Exam Tip

फर्म वस्तुओं और सेवाओं की आपूर्ति उत्पाद बाजार में करती हैं। परिवार वहां खरीदार होते हैं।

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दो-क्षेत्रीय मॉडल में भूमि सेवा के बदले कौन सी आय मिलती है?

Which income is received in return for land service in the two-sector model?

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Correct Answer

D. किरायाRent

Step 1

Concept

Rent is received in return for land service. Remember this directly in factor income questions.

Step 2

Why this answer is correct

The correct answer is D. किराया / Rent. Rent is received in return for land service. Remember this directly in factor income questions.

Step 3

Exam Tip

भूमि सेवा के बदले किराया मिलता है। कारक आय के प्रश्नों में इसे सीधे याद रखें।

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दो-क्षेत्रीय मॉडल में श्रम सेवा के बदले कौन सी आय मिलती है?

Which income is received in return for labour service in the two-sector model?

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Correct Answer

A. मजदूरीWages

Step 1

Concept

Wages are received in return for labour service. This is a simple example of factor income.

Step 2

Why this answer is correct

The correct answer is A. मजदूरी / Wages. Wages are received in return for labour service. This is a simple example of factor income.

Step 3

Exam Tip

श्रम सेवा के बदले मजदूरी मिलती है। यह कारक आय का सरल उदाहरण है।

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दो-क्षेत्रीय मॉडल में पूंजी सेवा के बदले कौन सा भुगतान होता है?

Which payment is made for capital service in the two-sector model?

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Correct Answer

B. ब्याजInterest

Step 1

Concept

Interest is paid for the use of capital. It is a factor payment from firms to households.

Step 2

Why this answer is correct

The correct answer is B. ब्याज / Interest. Interest is paid for the use of capital. It is a factor payment from firms to households.

Step 3

Exam Tip

पूंजी के उपयोग के बदले ब्याज दिया जाता है। यह फर्मों से परिवारों की ओर कारक भुगतान है।

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