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Economics GDP Deflator MCQ Questions for Class 12 Humanities

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श्रृंखलाबद्ध मूल्य सूचकांक में निकटवर्ती वर्षों को जोड़ने का मुख्य उद्देश्य क्या है?

What is the main purpose of linking adjacent years in a chain price index?

Explanation opens after your attempt
Correct Answer

A. समय के साथ बदलते भारों को क्रमिक रूप से शामिल करनाTo incorporate changing weights progressively over time

Step 1

Concept

The chain method measures changes using weights from adjacent periods. This reduces dependence on an old base year.

Step 2

Why this answer is correct

The correct answer is A. समय के साथ बदलते भारों को क्रमिक रूप से शामिल करना / To incorporate changing weights progressively over time. The chain method measures changes using weights from adjacent periods. This reduces dependence on an old base year.

Step 3

Exam Tip

श्रृंखलाबद्ध विधि प्रत्येक निकटवर्ती अवधि के भारों से परिवर्तन मापती है। इससे पुराना आधार वर्ष कम प्रभावी होता है।

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यदि नई दवा की गुणवत्ता पुरानी दवा से बहुत बेहतर हो लेकिन कीमत भी अधिक हो तो अपस्फीतिकारक में क्या चुनौती होगी?

If a new medicine has much better quality than an older medicine but also a higher price what challenge arises for the deflator?

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Correct Answer

A. शुद्ध मूल्य वृद्धि और गुणवत्ता सुधार को अलग करनाSeparating pure price growth from quality improvement

Step 1

Concept

Part of the higher price may reflect better quality. Quality adjustment is needed for an accurate deflator.

Step 2

Why this answer is correct

The correct answer is A. शुद्ध मूल्य वृद्धि और गुणवत्ता सुधार को अलग करना / Separating pure price growth from quality improvement. Part of the higher price may reflect better quality. Quality adjustment is needed for an accurate deflator.

Step 3

Exam Tip

ऊँची कीमत का कुछ भाग बेहतर गुणवत्ता दर्शा सकता है। सही अपस्फीतिकारक के लिए गुणवत्ता समायोजन आवश्यक है।

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यदि किसी डिजिटल मंच की सदस्यता कीमत समान रहे लेकिन सुविधाएँ घट जाएँ तो बिना गुणवत्ता समायोजन के क्या होगा?

If a digital platform's subscription price stays unchanged while its features deteriorate what may happen without quality adjustment?

Explanation opens after your attempt
Correct Answer

A. वास्तविक मूल्य वृद्धि कम आँकी जा सकती हैThe effective price increase may be understated

Step 1

Concept

Lower quality at the same price means less real service received. Without quality adjustment the effective price increase may be missed.

Step 2

Why this answer is correct

The correct answer is A. वास्तविक मूल्य वृद्धि कम आँकी जा सकती है / The effective price increase may be understated. Lower quality at the same price means less real service received. Without quality adjustment the effective price increase may be missed.

Step 3

Exam Tip

समान कीमत पर कम गुणवत्ता उपभोक्ता द्वारा प्राप्त वास्तविक सेवा में कमी है। गुणवत्ता समायोजन न होने पर प्रभावी मूल्य वृद्धि छूट सकती है।

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यदि उच्च कीमत वाली वस्तु की मात्रा घटे और निम्न कीमत वाली वस्तु की मात्रा बढ़े तो अपस्फीतिकारक में संरचना प्रभाव क्या कर सकता है?

If quantity of a high-priced good falls while quantity of a low-priced good rises what can the composition effect do to the deflator?

Explanation opens after your attempt
Correct Answer

A. इसे नीचे धकेल सकता हैIt may push it downward

Step 1

Concept

A shift in current output weights toward the cheaper good may lower the weighted average price. This is a composition effect.

Step 2

Why this answer is correct

The correct answer is A. इसे नीचे धकेल सकता है / It may push it downward. A shift in current output weights toward the cheaper good may lower the weighted average price. This is a composition effect.

Step 3

Exam Tip

चालू उत्पादन भार सस्ती वस्तु की ओर स्थानांतरित होने से भारित औसत मूल्य घट सकता है। यह संरचना प्रभाव है।

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यदि सभी वस्तुओं की कीमतें समान अनुपात में बढ़ें तो उत्पादन संरचना बदलने पर भी अपस्फीतिकारक की वृद्धि कैसी होगी?

If all goods' prices rise by the same proportion how will deflator growth behave even if output composition changes?

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Correct Answer

A. वह उसी समान अनुपात के बराबर होगीIt will equal that common proportion

Step 1

Concept

When all prices change by the same proportion changing weights does not alter that common price rise. The deflator rises by the same proportion.

Step 2

Why this answer is correct

The correct answer is A. वह उसी समान अनुपात के बराबर होगी / It will equal that common proportion. When all prices change by the same proportion changing weights does not alter that common price rise. The deflator rises by the same proportion.

Step 3

Exam Tip

सभी कीमतें समान अनुपात से बदलने पर भारों का बदलाव उस समान मूल्य वृद्धि को नहीं बदलता। अपस्फीतिकारक भी उसी अनुपात से बढ़ेगा।

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यदि अपस्फीतिकारक 72 से बढ़कर 90 हो जाए तो मूल्य स्तर में प्रतिशत वृद्धि कितनी होगी?

If the deflator rises from 72 to 90 what is the percentage increase in the price level?

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Correct Answer

C. 25 प्रतिशत25 percent

Step 1

Concept

Price growth \(=\frac{90-72}{72}\times100=25\) percent. A rise of 18 index points equals a 25 percent increase.

Step 2

Why this answer is correct

The correct answer is C. 25 प्रतिशत / 25 percent. Price growth \(=\frac{90-72}{72}\times100=25\) percent. A rise of 18 index points equals a 25 percent increase.

Step 3

Exam Tip

मूल्य वृद्धि \(=\frac{90-72}{72}\times100=25\) प्रतिशत है। 18 सूचकांक अंकों की वृद्धि 25 प्रतिशत वृद्धि है।

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यदि अपस्फीतिकारक 320 से घटकर 240 हो जाए तो मूल्य स्तर में प्रतिशत गिरावट कितनी होगी?

If the deflator falls from 320 to 240 what is the percentage decline in the price level?

Explanation opens after your attempt
Correct Answer

B. 25 प्रतिशत25 percent

Step 1

Concept

The price decline \(=\frac{240-320}{320}\times100=-25\) percent. A fall of 80 index points equals a 25 percent decline.

Step 2

Why this answer is correct

The correct answer is B. 25 प्रतिशत / 25 percent. The price decline \(=\frac{240-320}{320}\times100=-25\) percent. A fall of 80 index points equals a 25 percent decline.

Step 3

Exam Tip

मूल्य गिरावट \(=\frac{240-320}{320}\times100=-25\) प्रतिशत है। 80 सूचकांक अंकों की कमी 25 प्रतिशत गिरावट है।

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यदि अपस्फीतिकारक पहले वर्ष 60 प्रतिशत बढ़े और दूसरे वर्ष 25 प्रतिशत घटे तो कुल परिवर्तन क्या होगा?

If the deflator rises by 60 percent in the first year and falls by 25 percent in the second year what is the total change?

Explanation opens after your attempt
Correct Answer

A. 20 प्रतिशत वृद्धि20 percent rise

Step 1

Concept

The total factor is \(1.60\times0.75=1.20\). Therefore the final price level is 20 percent higher.

Step 2

Why this answer is correct

The correct answer is A. 20 प्रतिशत वृद्धि / 20 percent rise. The total factor is \(1.60\times0.75=1.20\). Therefore the final price level is 20 percent higher.

Step 3

Exam Tip

कुल गुणक \(=1.60\times0.75=1.20\) है। इसलिए अंतिम मूल्य स्तर 20 प्रतिशत अधिक होगा।

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यदि अपस्फीतिकारक पहले वर्ष 40 प्रतिशत घटे और दूसरे वर्ष 50 प्रतिशत बढ़े तो कुल परिवर्तन क्या होगा?

If the deflator falls by 40 percent in the first year and rises by 50 percent in the second year what is the total change?

Explanation opens after your attempt
Correct Answer

B. 10 प्रतिशत गिरावट10 percent fall

Step 1

Concept

The total factor is \(0.60\times1.50=0.90\). Therefore the final price level is 10 percent lower.

Step 2

Why this answer is correct

The correct answer is B. 10 प्रतिशत गिरावट / 10 percent fall. The total factor is \(0.60\times1.50=0.90\). Therefore the final price level is 10 percent lower.

Step 3

Exam Tip

कुल गुणक \(=0.60\times1.50=0.90\) है। इसलिए अंतिम मूल्य स्तर 10 प्रतिशत कम होगा।

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यदि अपस्फीतिकारक लगातार छह वर्षों तक 3 प्रतिशत प्रति वर्ष बढ़े तो कुल वृद्धि लगभग कितनी होगी?

If the deflator rises by 3 percent per year for six consecutive years what is the approximate total increase?

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Correct Answer

B. 19.4 प्रतिशत19.4 percent

Step 1

Concept

Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

Step 2

Why this answer is correct

The correct answer is B. 19.4 प्रतिशत / 19.4 percent. Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

Step 3

Exam Tip

कुल वृद्धि \(=1.03^6-1\approx19.4\) प्रतिशत है। लगातार मुद्रास्फीति दरों में चक्रवृद्धि लागू होती है।

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