Classification depends on the use of the good. In exams identify the buyer and purpose first.
Step 2
Why this answer is correct
The correct answer is B. वस्तु का अंतिम उपयोग / Final use of the good. Classification depends on the use of the good. In exams identify the buyer and purpose first.
Step 3
Exam Tip
वर्गीकरण वस्तु के उपयोग पर निर्भर करता है। परीक्षा में खरीदार और उद्देश्य पहले पहचानें।
Flour is used in production and transformed into cakes. Such a good is treated as an intermediate good.
Step 2
Why this answer is correct
The correct answer is C. मध्यवर्ती वस्तु / Intermediate good. Flour is used in production and transformed into cakes. Such a good is treated as an intermediate good.
Step 3
Exam Tip
आटा उत्पादन में प्रयोग होकर केक में बदल गया। ऐसी वस्तु को मध्यवर्ती वस्तु माना जाता है।
The household bought flour for direct consumption. Therefore it is a final consumption good.
Step 2
Why this answer is correct
The correct answer is B. अंतिम उपभोग वस्तु / Final consumption good. The household bought flour for direct consumption. Therefore it is a final consumption good.
Step 3
Exam Tip
परिवार ने आटा सीधे उपभोग के लिए खरीदा है। इसलिए यह अंतिम उपभोग वस्तु है।
C. दोहरी गणना से बचने के लिए/To avoid double counting
Step 1
Concept
The value of intermediate goods is included in the value of final goods. Adding it separately causes double counting.
Step 2
Why this answer is correct
The correct answer is C. दोहरी गणना से बचने के लिए / To avoid double counting. The value of intermediate goods is included in the value of final goods. Adding it separately causes double counting.
Step 3
Exam Tip
मध्यवर्ती वस्तुओं का मूल्य अंतिम वस्तुओं के मूल्य में शामिल हो जाता है। इसलिए अलग से जोड़ने पर दोहरी गणना होगी।
A. क्योंकि वह उत्पादन में बार बार प्रयोग होती है/Because it is used repeatedly in production
Step 1
Concept
A machine helps production but is not used up in one act. Therefore it is a final capital good.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि वह उत्पादन में बार बार प्रयोग होती है / Because it is used repeatedly in production. A machine helps production but is not used up in one act. Therefore it is a final capital good.
Step 3
Exam Tip
मशीन उत्पादन में सहायक होती है पर एक ही बार में समाप्त नहीं होती। इसलिए यह अंतिम पूंजीगत वस्तु है।
Goods bought for resale have not reached final use. For the trader they are treated as intermediate goods.
Step 2
Why this answer is correct
The correct answer is B. मध्यवर्ती वस्तु / Intermediate goods. Goods bought for resale have not reached final use. For the trader they are treated as intermediate goods.
Step 3
Exam Tip
पुनर्विक्रय के लिए खरीदी वस्तु अंतिम उपयोग में नहीं गई। व्यापार के लिए यह मध्यवर्ती वस्तु मानी जाती है।
C. जब परिवार उन्हें अपने उपयोग के लिए खरीदे/When a household buys them for own use
Step 1
Concept
Personal use by a household is final use. Hence mobile phones become final consumption goods.
Step 2
Why this answer is correct
The correct answer is C. जब परिवार उन्हें अपने उपयोग के लिए खरीदे / When a household buys them for own use. Personal use by a household is final use. Hence mobile phones become final consumption goods.
Step 3
Exam Tip
परिवार का निजी उपयोग अंतिम उपयोग है। इसलिए मोबाइल फोन अंतिम उपभोग वस्तु बन जाते हैं।
A tractor provides productive service for many years. Therefore it is a final capital good.
Step 2
Why this answer is correct
The correct answer is B. अंतिम पूंजीगत वस्तु / Final capital good. A tractor provides productive service for many years. Therefore it is a final capital good.
Step 3
Exam Tip
ट्रैक्टर उत्पादन में लंबे समय तक सेवा देता है। इसलिए यह अंतिम पूंजीगत वस्तु है।
Seeds are used in the production process and become part of output. Hence they are intermediate goods.
Step 2
Why this answer is correct
The correct answer is B. मध्यवर्ती वस्तु / Intermediate good. Seeds are used in the production process and become part of output. Hence they are intermediate goods.
Step 3
Exam Tip
बीज उत्पादन प्रक्रिया में उपयोग होकर फसल का भाग बनते हैं। इसलिए वे मध्यवर्ती वस्तु हैं।
B. वे उत्पादन क्षमता बढ़ाती हैं और कई अवधियों तक सेवा देती हैं/They raise productive capacity and serve for many periods
Step 1
Concept
Capital goods provide long-term help in production. In exams identify durable means of production.
Step 2
Why this answer is correct
The correct answer is B. वे उत्पादन क्षमता बढ़ाती हैं और कई अवधियों तक सेवा देती हैं / They raise productive capacity and serve for many periods. Capital goods provide long-term help in production. In exams identify durable means of production.
Step 3
Exam Tip
पूंजीगत वस्तुएं उत्पादन में दीर्घकालिक सहायता करती हैं। परीक्षा में टिकाऊ उत्पादन साधन को पहचानें।
