Class 12 Economics - National Income and Related Aggregates - GDP and Welfare Hard Quiz

Economics National Income and Related Aggregates GDP and Welfare Hard Class 12 Level 19

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Question 1/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि (C = 1600), (I = 520), (G = 430), (X = 250) और (M = 310) है, तो व्यय विधि से \(GDP_{MP}\) कितना होगा?

If (C = 1600), (I = 520), (G = 430), (X = 250) and (M = 310), what will be \(GDP_{MP}\) by the expenditure method?

Explanation opens after your attempt
Correct Answer

A. ₹2,490

Step 1

Concept

(GDP_{MP} = C + I + G + (X - M)). Here (1600 + 520 + 430 - 60 = 2490).

Step 2

Why this answer is correct

The correct answer is A. ₹2,490. (GDP_{MP} = C + I + G + (X - M)). Here (1600 + 520 + 430 - 60 = 2490).

Step 3

Exam Tip

(GDP_{MP} = C + I + G + (X - M)) होता है। यहां (1600 + 520 + 430 - 60 = 2490) है।

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Question 2/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP} = ₹7,200\) करोड़, मूल्यह्रास ₹650 करोड़, शुद्ध अप्रत्यक्ष कर ₹540 करोड़ और (NFIA = ₹-210) करोड़ है, तो राष्ट्रीय आय कितनी होगी?

If \(GDP_{MP} = ₹7,200\) crore, depreciation is ₹650 crore, net indirect tax is ₹540 crore and (NFIA = ₹-210) crore, what is national income?

Explanation opens after your attempt
Correct Answer

A. ₹5,800 करोड़₹5,800 crore

Step 1

Concept

\(NDP_{FC} = 7200 - 650 - 540 = 6010\) crore. National income will be (6010 - 210 = 5800) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹5,800 करोड़ / ₹5,800 crore. \(NDP_{FC} = 7200 - 650 - 540 = 6010\) crore. National income will be (6010 - 210 = 5800) crore.

Step 3

Exam Tip

\(NDP_{FC} = 7200 - 650 - 540 = 6010\) करोड़ है। राष्ट्रीय आय (6010 - 210 = 5800) करोड़ होगी।

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Question 3/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि निर्यात ₹840 करोड़ और आयात ₹620 करोड़ हैं, तो शुद्ध निर्यात का \(GDP_{MP}\) पर प्रभाव क्या होगा?

If exports are ₹840 crore and imports are ₹620 crore, what will be the effect of net exports on \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹220 करोड़ बढ़ेगाIt will increase by ₹220 crore

Step 1

Concept

Net exports are (840 - 620 = 220) crore. Positive net exports increase \(GDP_{MP}\).

Step 2

Why this answer is correct

The correct answer is A. ₹220 करोड़ बढ़ेगा / It will increase by ₹220 crore. Net exports are (840 - 620 = 220) crore. Positive net exports increase \(GDP_{MP}\).

Step 3

Exam Tip

शुद्ध निर्यात (840 - 620 = 220) करोड़ है। धनात्मक शुद्ध निर्यात \(GDP_{MP}\) को बढ़ाता है।

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Question 4/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP} = ₹5,850\) करोड़ और \(NDP_{MP} = ₹5,270\) करोड़ है, तो मूल्यह्रास कितना है?

If \(GDP_{MP} = ₹5,850\) crore and \(NDP_{MP} = ₹5,270\) crore, what is depreciation?

Explanation opens after your attempt
Correct Answer

A. ₹580 करोड़₹580 crore

Step 1

Concept

Depreciation is \(GDP_{MP} - NDP_{MP}\). (5850 - 5270 = 580) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹580 करोड़ / ₹580 crore. Depreciation is \(GDP_{MP} - NDP_{MP}\). (5850 - 5270 = 580) crore.

Step 3

Exam Tip

मूल्यह्रास \(GDP_{MP} - NDP_{MP}\) होता है। (5850 - 5270 = 580) करोड़ है।

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Question 5/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि (C) में ₹90 करोड़ की आयातित उपभोग वस्तुएं शामिल हैं और (M) में उन्हें घटाया नहीं गया, तो \(GDP_{MP}\) पर क्या प्रभाव होगा?

If imported consumption goods worth ₹90 crore are included in (C) and not deducted in (M), what will happen to \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{MP}\) अधिक आंकी जाएगी\(GDP_{MP}\) will be overestimated

Step 1

Concept

Imports are not domestic production. If not deducted, foreign production will also be included in (GDP).

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{MP}\) अधिक आंकी जाएगी / \(GDP_{MP}\) will be overestimated. Imports are not domestic production. If not deducted, foreign production will also be included in (GDP).

Step 3

Exam Tip

आयात घरेलू उत्पादन नहीं होते। उन्हें न घटाने पर विदेशी उत्पादन भी (GDP) में शामिल हो जाएगा।

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Question 6/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि (C = 1800), (I = 700), (G = 650), (X = 500), (M = 400), तो \(GDP_{MP}\) कितना होगा?

If (C = 1800), (I = 700), (G = 650), (X = 500), (M = 400), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹3,250

Step 1

Concept

Net exports are (500 - 400 = 100). \(GDP_{MP} = 1800 + 700 + 650 + 100 = 3250\).

Step 2

Why this answer is correct

The correct answer is A. ₹3,250. Net exports are (500 - 400 = 100). \(GDP_{MP} = 1800 + 700 + 650 + 100 = 3250\).

Step 3

Exam Tip

शुद्ध निर्यात (500 - 400 = 100) है। \(GDP_{MP} = 1800 + 700 + 650 + 100 = 3250\) है।

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Question 7/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) ₹9,000 करोड़, मूल्यह्रास ₹900 करोड़, शुद्ध अप्रत्यक्ष कर ₹750 करोड़ और राष्ट्रीय आय ₹7,500 करोड़ है, तो (NFIA) कितना है?

If \(GDP_{MP}\) is ₹9,000 crore, depreciation ₹900 crore, net indirect tax ₹750 crore and national income ₹7,500 crore, what is (NFIA)?

Explanation opens after your attempt
Correct Answer

A. ₹150 करोड़₹150 crore

Step 1

Concept

First \(NDP_{FC} = 9000 - 900 - 750 = 7350\) crore. (NFIA = 7500 - 7350 = 150) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹150 करोड़ / ₹150 crore. First \(NDP_{FC} = 9000 - 900 - 750 = 7350\) crore. (NFIA = 7500 - 7350 = 150) crore.

Step 3

Exam Tip

पहले \(NDP_{FC} = 9000 - 900 - 750 = 7350\) करोड़ है। (NFIA = 7500 - 7350 = 150) करोड़।

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Question 8/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) ₹4,400 करोड़, राष्ट्रीय आय ₹3,750 करोड़, मूल्यह्रास ₹300 करोड़ और (NFIA = ₹-100) करोड़ है, तो शुद्ध अप्रत्यक्ष कर कितना है?

If \(GDP_{MP}\) is ₹4,400 crore, national income ₹3,750 crore, depreciation ₹300 crore and (NFIA = ₹-100) crore, what is net indirect tax?

Explanation opens after your attempt
Correct Answer

A. ₹250 करोड़₹250 crore

Step 1

Concept

National income \(= GDP_{MP} - Depreciation - NIT + NFIA\). (3750 = 4400 - 300 - NIT - 100), so (NIT = 250) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹250 करोड़ / ₹250 crore. National income \(= GDP_{MP} - Depreciation - NIT + NFIA\). (3750 = 4400 - 300 - NIT - 100), so (NIT = 250) crore.

Step 3

Exam Tip

राष्ट्रीय आय \(= GDP_{MP} - Depreciation - NIT + NFIA\) है। (3750 = 4400 - 300 - NIT - 100), इसलिए (NIT = 250) करोड़।

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Question 9/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

विदेश में घूमने गए भारतीय पर्यटकों का खर्च \(GDP_{MP}\) में क्यों नहीं जोड़ा जाना चाहिए?

Why should spending by Indian tourists abroad not be added to \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह विदेशी सेवाओं पर खर्च हैBecause it is spending on foreign services

Step 1

Concept

Spending abroad is on foreign production. In domestic product, it is deducted like imported service.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह विदेशी सेवाओं पर खर्च है / Because it is spending on foreign services. Spending abroad is on foreign production. In domestic product, it is deducted like imported service.

Step 3

Exam Tip

विदेश में किया गया खर्च विदेशी उत्पादन पर होता है। घरेलू उत्पाद में इसे आयातित सेवा की तरह घटाया जाता है।

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Question 10/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) से शुद्ध अप्रत्यक्ष कर घटा दिया गया पर मूल्यह्रास नहीं घटाया गया, तो कौन सा माप मिलेगा?

If net indirect taxes are deducted from \(GDP_{MP}\) but depreciation is not deducted, which measure is obtained?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{FC}\)

Step 1

Concept

Deducting net indirect taxes moves from market price to factor cost. Without deducting depreciation, the measure remains gross.

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{FC}\). Deducting net indirect taxes moves from market price to factor cost. Without deducting depreciation, the measure remains gross.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर घटाने से बाजार मूल्य से साधन लागत पर जाते हैं। मूल्यह्रास न घटने पर माप अभी भी सकल है।

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Question 11/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) से मूल्यह्रास घटाकर (NFIA) जोड़ दिया गया, पर शुद्ध अप्रत्यक्ष कर नहीं घटाया गया, तो कौन सा समायोजन छूट गया?

If depreciation is deducted from \(GDP_{MP}\) and (NFIA) is added, but net indirect taxes are not deducted, which adjustment is missed?

Explanation opens after your attempt
Correct Answer

A. बाजार मूल्य से साधन लागत पर जाने का समायोजनAdjustment from market price to factor cost

Step 1

Concept

Without deducting net indirect taxes, factor cost is not obtained. This adjustment is necessary for national income.

Step 2

Why this answer is correct

The correct answer is A. बाजार मूल्य से साधन लागत पर जाने का समायोजन / Adjustment from market price to factor cost. Without deducting net indirect taxes, factor cost is not obtained. This adjustment is necessary for national income.

Step 3

Exam Tip

शुद्ध अप्रत्यक्ष कर घटाए बिना साधन लागत नहीं मिलती। राष्ट्रीय आय के लिए यह समायोजन जरूरी है।

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Question 12/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि किसी देश में (M) को गलती से (X) की तरह जोड़ दिया जाए, तो \(GDP_{MP}\) पर क्या प्रभाव होगा?

If (M) is mistakenly added like (X) in a country, what will be the effect on \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{MP}\) अधिक आंकी जाएगी\(GDP_{MP}\) will be overestimated

Step 1

Concept

Imports are foreign production and should be deducted. Adding them brings foreign output into domestic product.

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{MP}\) अधिक आंकी जाएगी / \(GDP_{MP}\) will be overestimated. Imports are foreign production and should be deducted. Adding them brings foreign output into domestic product.

Step 3

Exam Tip

आयात विदेशी उत्पादन है और उसे घटाया जाना चाहिए। जोड़ने से विदेशी उत्पादन भी घरेलू उत्पाद में आ जाएगा।

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Question 13/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि निर्यात को गलती से घटा दिया जाए, जबकि आयात सही घटाया गया है, तो \(GDP_{MP}\) पर क्या प्रभाव पड़ेगा?

If exports are mistakenly deducted while imports are correctly deducted, what will happen to \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{MP}\) कम आंकी जाएगी\(GDP_{MP}\) will be underestimated

Step 1

Concept

Exports are foreign spending on domestic output and should be added. Deducting them understates expenditure on domestic production.

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{MP}\) कम आंकी जाएगी / \(GDP_{MP}\) will be underestimated. Exports are foreign spending on domestic output and should be added. Deducting them understates expenditure on domestic production.

Step 3

Exam Tip

निर्यात घरेलू उत्पादन पर विदेशी खर्च है और इसे जोड़ना चाहिए। घटाने से घरेलू उत्पादन का व्यय कम दिखेगा।

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Question 14/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) ₹10,000 करोड़ है और राष्ट्रीय आय ₹8,700 करोड़ है, मूल्यह्रास ₹600 करोड़ और शुद्ध अप्रत्यक्ष कर ₹500 करोड़ हैं, तो (NFIA) कितना है?

If \(GDP_{MP}\) is ₹10,000 crore and national income is ₹8,700 crore, depreciation is ₹600 crore and net indirect taxes are ₹500 crore, what is (NFIA)?

Explanation opens after your attempt
Correct Answer

A. ₹-200 करोड़₹-200 crore

Step 1

Concept

\(NDP_{FC} = 10000 - 600 - 500 = 8900\) crore. (NFIA = 8700 - 8900 = -200) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹-200 करोड़ / ₹-200 crore. \(NDP_{FC} = 10000 - 600 - 500 = 8900\) crore. (NFIA = 8700 - 8900 = -200) crore.

Step 3

Exam Tip

\(NDP_{FC} = 10000 - 600 - 500 = 8900\) करोड़ है। (NFIA = 8700 - 8900 = -200) करोड़।

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Question 15/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि (C), (I), (G) में कर सहित बाजार मूल्य पर व्यय दिए हों, तो शुरुआती योग किस कीमत पर (GDP) देता है?

If expenditures (C), (I), (G) are given at market prices including taxes, the initial sum gives (GDP) at which price?

Explanation opens after your attempt
Correct Answer

A. बाजार मूल्यMarket price

Step 1

Concept

Expenditure is generally measured at market prices. Therefore the initial sum gives \(GDP_{MP}\).

Step 2

Why this answer is correct

The correct answer is A. बाजार मूल्य / Market price. Expenditure is generally measured at market prices. Therefore the initial sum gives \(GDP_{MP}\).

Step 3

Exam Tip

व्यय सामान्यतः बाजार मूल्य पर मापा जाता है। इसलिए प्रारंभिक योग \(GDP_{MP}\) देता है।

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Question 16/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

\(GDP_{MP}\) से \(NDP_{FC}\) पाने के लिए कौन सा सही सूत्र है?

Which is the correct formula to get \(NDP_{FC}\) from \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(GDP_{MP} - Depreciation - Net Indirect Taxes\)

Step 1

Concept

Depreciation is deducted to move from gross to net and net indirect taxes are deducted to move from market price to factor cost. Hence this is the correct formula.

Step 2

Why this answer is correct

The correct answer is A. \(GDP_{MP} - Depreciation - Net Indirect Taxes\). Depreciation is deducted to move from gross to net and net indirect taxes are deducted to move from market price to factor cost. Hence this is the correct formula.

Step 3

Exam Tip

सकल से शुद्ध के लिए मूल्यह्रास घटता है और बाजार मूल्य से साधन लागत के लिए शुद्ध अप्रत्यक्ष कर घटता है। इसलिए यही सही सूत्र है।

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Question 17/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि \(GDP_{MP}\) ₹3,200 करोड़ और \(NDP_{FC}\) ₹2,650 करोड़ है, जबकि शुद्ध अप्रत्यक्ष कर ₹200 करोड़ है, तो मूल्यह्रास कितना होगा?

If \(GDP_{MP}\) is ₹3,200 crore and \(NDP_{FC}\) is ₹2,650 crore, while net indirect tax is ₹200 crore, what is depreciation?

Explanation opens after your attempt
Correct Answer

A. ₹350 करोड़₹350 crore

Step 1

Concept

\(Depreciation = GDP_{MP} - NDP_{FC} - NIT\). (3200 - 2650 - 200 = 350) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹350 करोड़ / ₹350 crore. \(Depreciation = GDP_{MP} - NDP_{FC} - NIT\). (3200 - 2650 - 200 = 350) crore.

Step 3

Exam Tip

\(Depreciation = GDP_{MP} - NDP_{FC} - NIT\) है। (3200 - 2650 - 200 = 350) करोड़।

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Question 18/18 Hard Economics National Income and Related Aggregates Methods of calculating national income - Expenditure Method Class 12 Level 19

यदि (C = 2200), (I = 640), (G = 500), (X = 360), (M = 300), और \(GDP_{MP}\) पूछा गया है, तो कौन सा घटक अंतिम रूप से जोड़ा जाएगा?

If (C = 2200), (I = 640), (G = 500), (X = 360), (M = 300), and \(GDP_{MP}\) is asked, which component is finally added?

Explanation opens after your attempt
Correct Answer

A. (X - M = 60)

Step 1

Concept

In the expenditure method, net exports (X - M) are added. Here (360 - 300 = 60).

Step 2

Why this answer is correct

The correct answer is A. (X - M = 60). In the expenditure method, net exports (X - M) are added. Here (360 - 300 = 60).

Step 3

Exam Tip

व्यय विधि में शुद्ध निर्यात (X - M) जोड़ा जाता है। यहां (360 - 300 = 60) होगा।

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