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Economics GDP Deflator MCQ Questions for Class 12 Humanities

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GDP Deflator Practice Questions

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यदि नाममात्र सकल घरेलू उत्पाद ₹2,268 करोड़ और वास्तविक सकल घरेलू उत्पाद ₹1,800 करोड़ है तो सकल घरेलू उत्पाद अपस्फीतिकारक कितना होगा?

If nominal GDP is ₹2,268 crore and real GDP is ₹1,800 crore then what is the GDP deflator?

Explanation opens after your attempt
Correct Answer

C. 126

Step 1

Concept

The deflator \(=\frac{2268}{1800}\times100=126\). Divide nominal GDP by real GDP.

Step 2

Why this answer is correct

The correct answer is C. 126. The deflator \(=\frac{2268}{1800}\times100=126\). Divide nominal GDP by real GDP.

Step 3

Exam Tip

अपस्फीतिकारक \(=\frac{2268}{1800}\times100=126\) है। नाममात्र मूल्य को वास्तविक मूल्य से विभाजित करें।

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यदि वास्तविक सकल घरेलू उत्पाद ₹2,400 करोड़ और सकल घरेलू उत्पाद अपस्फीतिकारक 137.5 है तो नाममात्र सकल घरेलू उत्पाद कितना होगा?

If real GDP is ₹2,400 crore and the GDP deflator is 137.5 then what is nominal GDP?

Explanation opens after your attempt
Correct Answer

C. ₹3,300 करोड़₹3,300 crore

Step 1

Concept

Nominal GDP \(=2400\times\frac{137.5}{100}=3300\) crore. Adjust the deflator by 100.

Step 2

Why this answer is correct

The correct answer is C. ₹3,300 करोड़ / ₹3,300 crore. Nominal GDP \(=2400\times\frac{137.5}{100}=3300\) crore. Adjust the deflator by 100.

Step 3

Exam Tip

नाममात्र सकल घरेलू उत्पाद \(=2400\times\frac{137.5}{100}=3300\) करोड़ है। अपस्फीतिकारक को 100 से समायोजित करें।

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यदि नाममात्र सकल घरेलू उत्पाद ₹2,560 करोड़ और अपस्फीतिकारक 128 है तो वास्तविक सकल घरेलू उत्पाद कितना होगा?

If nominal GDP is ₹2,560 crore and the deflator is 128 then what is real GDP?

Explanation opens after your attempt
Correct Answer

C. ₹2,000 करोड़₹2,000 crore

Step 1

Concept

Real GDP \(=\frac{2560}{128}\times100=2000\) crore. Divide by the deflator to remove the price effect.

Step 2

Why this answer is correct

The correct answer is C. ₹2,000 करोड़ / ₹2,000 crore. Real GDP \(=\frac{2560}{128}\times100=2000\) crore. Divide by the deflator to remove the price effect.

Step 3

Exam Tip

वास्तविक सकल घरेलू उत्पाद \(=\frac{2560}{128}\times100=2000\) करोड़ है। मूल्य प्रभाव हटाने के लिए अपस्फीतिकारक से भाग दें।

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यदि नाममात्र सकल घरेलू उत्पाद 32 प्रतिशत और वास्तविक सकल घरेलू उत्पाद 20 प्रतिशत बढ़े तो अपस्फीतिकारक की सटीक वृद्धि कितनी होगी?

If nominal GDP rises by 32 percent and real GDP rises by 20 percent then what is the exact increase in the deflator?

Explanation opens after your attempt
Correct Answer

B. 10 प्रतिशत10 percent

Step 1

Concept

Deflator growth \(=\frac{1.32}{1.20}-1=0.10\) or 10 percent. Direct subtraction of growth rates is not exact.

Step 2

Why this answer is correct

The correct answer is B. 10 प्रतिशत / 10 percent. Deflator growth \(=\frac{1.32}{1.20}-1=0.10\) or 10 percent. Direct subtraction of growth rates is not exact.

Step 3

Exam Tip

अपस्फीतिकारक वृद्धि \(=\frac{1.32}{1.20}-1=0.10\) अर्थात 10 प्रतिशत है। वृद्धि दरों को सीधे घटाना सटीक नहीं होता।

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यदि नाममात्र सकल घरेलू उत्पाद 8 प्रतिशत घटे और वास्तविक सकल घरेलू उत्पाद 15 प्रतिशत घटे तो अपस्फीतिकारक में लगभग क्या परिवर्तन होगा?

If nominal GDP falls by 8 percent and real GDP falls by 15 percent then what approximately happens to the deflator?

Explanation opens after your attempt
Correct Answer

B. लगभग 8.2 प्रतिशत वृद्धिAbout 8.2 percent rise

Step 1

Concept

The deflator factor is \(=\frac{0.92}{0.85}\approx1.082\). Therefore it rises by about 8.2 percent.

Step 2

Why this answer is correct

The correct answer is B. लगभग 8.2 प्रतिशत वृद्धि / About 8.2 percent rise. The deflator factor is \(=\frac{0.92}{0.85}\approx1.082\). Therefore it rises by about 8.2 percent.

Step 3

Exam Tip

अपस्फीतिकारक का गुणक \(=\frac{0.92}{0.85}\approx1.082\) है। इसलिए इसमें लगभग 8.2 प्रतिशत वृद्धि होगी।

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यदि अपस्फीतिकारक 144 से बढ़कर 158.4 हो जाए तो मुद्रास्फीति दर कितनी होगी?

If the deflator rises from 144 to 158.4 what is the inflation rate?

Explanation opens after your attempt
Correct Answer

B. 10 प्रतिशत10 percent

Step 1

Concept

Inflation \(=\frac{158.4-144}{144}\times100=10\) percent. Distinguish index points from percentage growth.

Step 2

Why this answer is correct

The correct answer is B. 10 प्रतिशत / 10 percent. Inflation \(=\frac{158.4-144}{144}\times100=10\) percent. Distinguish index points from percentage growth.

Step 3

Exam Tip

मुद्रास्फीति \(=\frac{158.4-144}{144}\times100=10\) प्रतिशत है। सूचकांक अंकों और प्रतिशत वृद्धि में अंतर रखें।

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यदि अपस्फीतिकारक 180 से घटकर 153 हो जाए तो मूल्य स्तर में प्रतिशत परिवर्तन क्या होगा?

If the deflator falls from 180 to 153 what is the percentage change in the price level?

Explanation opens after your attempt
Correct Answer

C. 15 प्रतिशत गिरावट15 percent fall

Step 1

Concept

The price change \(=\frac{153-180}{180}\times100=-15\) percent. A negative result indicates deflation.

Step 2

Why this answer is correct

The correct answer is C. 15 प्रतिशत गिरावट / 15 percent fall. The price change \(=\frac{153-180}{180}\times100=-15\) percent. A negative result indicates deflation.

Step 3

Exam Tip

मूल्य परिवर्तन \(=\frac{153-180}{180}\times100=-15\) प्रतिशत है। ऋणात्मक परिणाम अपस्फीति दर्शाता है।

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यदि नाममात्र सकल घरेलू उत्पाद अपरिवर्तित रहे और वास्तविक सकल घरेलू उत्पाद 25 प्रतिशत घटे तो अपस्फीतिकारक में कितना परिवर्तन होगा?

If nominal GDP remains unchanged and real GDP falls by 25 percent then what happens to the deflator?

Explanation opens after your attempt
Correct Answer

B. लगभग 33.3 प्रतिशत बढ़ेगाIt will rise by about 33.3 percent

Step 1

Concept

The deflator factor is \(=\frac{1}{0.75}=1.333\). Therefore it rises by about 33.3 percent.

Step 2

Why this answer is correct

The correct answer is B. लगभग 33.3 प्रतिशत बढ़ेगा / It will rise by about 33.3 percent. The deflator factor is \(=\frac{1}{0.75}=1.333\). Therefore it rises by about 33.3 percent.

Step 3

Exam Tip

अपस्फीतिकारक का गुणक \(=\frac{1}{0.75}=1.333\) है। इसलिए लगभग 33.3 प्रतिशत वृद्धि होगी।

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यदि वास्तविक सकल घरेलू उत्पाद अपरिवर्तित रहे और नाममात्र सकल घरेलू उत्पाद 18 प्रतिशत घटे तो अपस्फीतिकारक में क्या परिवर्तन होगा?

If real GDP remains unchanged and nominal GDP falls by 18 percent then what happens to the deflator?

Explanation opens after your attempt
Correct Answer

B. 18 प्रतिशत घटेगाIt will fall by 18 percent

Step 1

Concept

With real output unchanged the nominal decline fully reflects a lower price level. Therefore the deflator falls by 18 percent.

Step 2

Why this answer is correct

The correct answer is B. 18 प्रतिशत घटेगा / It will fall by 18 percent. With real output unchanged the nominal decline fully reflects a lower price level. Therefore the deflator falls by 18 percent.

Step 3

Exam Tip

वास्तविक उत्पादन स्थिर होने पर नाममात्र गिरावट पूरी तरह मूल्य स्तर की गिरावट दर्शाती है। इसलिए अपस्फीतिकारक 18 प्रतिशत घटेगा।

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यदि नाममात्र सकल घरेलू उत्पाद 21 प्रतिशत बढ़े और अपस्फीतिकारक 10 प्रतिशत बढ़े तो वास्तविक सकल घरेलू उत्पाद की वृद्धि कितनी होगी?

If nominal GDP rises by 21 percent and the deflator rises by 10 percent then what is real GDP growth?

Explanation opens after your attempt
Correct Answer

B. 10 प्रतिशत10 percent

Step 1

Concept

Real growth \(=\frac{1.21}{1.10}-1=0.10\) or 10 percent. Remove the price effect from nominal growth.

Step 2

Why this answer is correct

The correct answer is B. 10 प्रतिशत / 10 percent. Real growth \(=\frac{1.21}{1.10}-1=0.10\) or 10 percent. Remove the price effect from nominal growth.

Step 3

Exam Tip

वास्तविक वृद्धि \(=\frac{1.21}{1.10}-1=0.10\) अर्थात 10 प्रतिशत है। नाममात्र वृद्धि से मूल्य प्रभाव हटाएँ।

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