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Economics Methods of calculating national income - Expenditure Method MCQ Questions for Class 12 Humanities

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व्यय विधि में राष्ट्रीय आय प्राप्त करने के लिए \(GDP_{MP}\) में कौन-सा समायोजन आवश्यक है?

Which adjustment is necessary in \(GDP_{MP}\) to obtain national income by the expenditure method?

Explanation opens after your attempt
Correct Answer

A. मूल्यह्रास घटाकर शुद्ध अप्रत्यक्ष कर घटाएं और शुद्ध विदेशी कारक आय जोड़ेंSubtract depreciation subtract net indirect taxes and add net factor income from abroad

Step 1

Concept

National income is \(NNP_{FC}\). To get it from \(GDP_{MP}\), domestic to national and gross to net adjustments are needed.

Step 2

Why this answer is correct

The correct answer is A. मूल्यह्रास घटाकर शुद्ध अप्रत्यक्ष कर घटाएं और शुद्ध विदेशी कारक आय जोड़ें / Subtract depreciation subtract net indirect taxes and add net factor income from abroad. National income is \(NNP_{FC}\). To get it from \(GDP_{MP}\), domestic to national and gross to net adjustments are needed.

Step 3

Exam Tip

राष्ट्रीय आय \(NNP_{FC}\) है। \(GDP_{MP}\) से इसे पाने के लिए घरेलू से राष्ट्रीय और सकल से शुद्ध समायोजन जरूरी हैं।

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यदि (GCF) में केवल नई मशीनों की खरीद शामिल की गई है और स्टॉक परिवर्तन छोड़ दिया गया है तो क्या समस्या होगी?

If only purchase of new machines is included in (GCF) and change in stock is left out what problem will occur?

Explanation opens after your attempt
Correct Answer

A. सकल पूंजी निर्माण कम आंकेगाGross capital formation will be underestimated

Step 1

Concept

Gross capital formation includes both fixed capital and change in stock. Omitting stock change will understate investment.

Step 2

Why this answer is correct

The correct answer is A. सकल पूंजी निर्माण कम आंकेगा / Gross capital formation will be underestimated. Gross capital formation includes both fixed capital and change in stock. Omitting stock change will understate investment.

Step 3

Exam Tip

सकल पूंजी निर्माण में स्थिर पूंजी और स्टॉक परिवर्तन दोनों शामिल होते हैं। स्टॉक परिवर्तन छोड़ने से निवेश कम दिखेगा।

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व्यय विधि में परिवार द्वारा डॉक्टर की फीस भुगतान को किसमें जोड़ा जाएगा?

In the expenditure method payment of doctor’s fee by a household will be added under which item?

Explanation opens after your attempt
Correct Answer

A. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure

Step 1

Concept

A household uses a doctor’s service for final consumption. Therefore it is private final consumption expenditure.

Step 2

Why this answer is correct

The correct answer is A. निजी अंतिम उपभोग व्यय / Private final consumption expenditure. A household uses a doctor’s service for final consumption. Therefore it is private final consumption expenditure.

Step 3

Exam Tip

डॉक्टर की सेवा का उपयोग परिवार अंतिम उपभोग के लिए करता है। इसलिए यह निजी अंतिम उपभोग व्यय है।

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व्यय विधि में व्यवसाय द्वारा कार्यालय के लिए नई कंप्यूटर मशीन खरीदना किसका उदाहरण है?

In the expenditure method a business buying a new computer machine for office is an example of what?

Explanation opens after your attempt
Correct Answer

A. सकल स्थिर पूंजी निर्माणGross fixed capital formation

Step 1

Concept

A new computer machine for office is a capital good that supports production capacity. It is treated as investment or fixed capital formation.

Step 2

Why this answer is correct

The correct answer is A. सकल स्थिर पूंजी निर्माण / Gross fixed capital formation. A new computer machine for office is a capital good that supports production capacity. It is treated as investment or fixed capital formation.

Step 3

Exam Tip

कार्यालय के लिए नई कंप्यूटर मशीन उत्पादन क्षमता बढ़ाने वाली पूंजीगत वस्तु है। इसे निवेश या स्थिर पूंजी निर्माण माना जाता है।

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व्यय विधि में छात्रवृत्ति को सीधे क्यों नहीं जोड़ा जाता?

Why is scholarship not directly added in the expenditure method?

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Correct Answer

A. क्योंकि यह हस्तांतरण भुगतान है अंतिम वस्तु पर व्यय नहींBecause it is a transfer payment not expenditure on a final good

Step 1

Concept

Scholarship is a transfer payment without a current production in return. The related spending is counted when the student buys final goods with it.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह हस्तांतरण भुगतान है अंतिम वस्तु पर व्यय नहीं / Because it is a transfer payment not expenditure on a final good. Scholarship is a transfer payment without a current production in return. The related spending is counted when the student buys final goods with it.

Step 3

Exam Tip

छात्रवृत्ति बिना वर्तमान उत्पादन के बदले दिया गया हस्तांतरण भुगतान है। जब छात्र इससे अंतिम वस्तु खरीदेगा तब संबंधित व्यय गिना जाएगा।

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किस विकल्प में केवल व्यय विधि के घटक दिए गए हैं?

Which option contains only components of the expenditure method?

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Correct Answer

A. (PFCE), (GFCE), (GCF), (NX)

Step 1

Concept

The expenditure method adds four main components of final expenditure. Wages rent interest and profit belong to the income method.

Step 2

Why this answer is correct

The correct answer is A. (PFCE), (GFCE), (GCF), (NX). The expenditure method adds four main components of final expenditure. Wages rent interest and profit belong to the income method.

Step 3

Exam Tip

व्यय विधि में अंतिम व्यय के चार मुख्य घटक जोड़े जाते हैं। आय विधि के घटक मजदूरी किराया ब्याज और लाभ हैं।

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यदि (PFCE=800), (GFCE=250), (GCF=300), निर्यात (=120), आयात (=170) है तो \(GDP_{MP}\) कितना है?

If (PFCE=800), (GFCE=250), (GCF=300), exports (=120), imports (=170), what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. 1300

Step 1

Concept

Net exports are (120-170=-50). Therefore (800+250+300-50=1300).

Step 2

Why this answer is correct

The correct answer is A. 1300. Net exports are (120-170=-50). Therefore (800+250+300-50=1300).

Step 3

Exam Tip

शुद्ध निर्यात (120-170=-50) है। इसलिए (800+250+300-50=1300) होगा।

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व्यय विधि में सरकारी सड़क निर्माण पर खर्च को किस रूप में लिया जाएगा?

In the expenditure method government spending on road construction will be treated as what?

Explanation opens after your attempt
Correct Answer

A. सकल पूंजी निर्माणGross capital formation

Step 1

Concept

Road construction creates a capital asset. Hence it is included in capital formation not government consumption.

Step 2

Why this answer is correct

The correct answer is A. सकल पूंजी निर्माण / Gross capital formation. Road construction creates a capital asset. Hence it is included in capital formation not government consumption.

Step 3

Exam Tip

सड़क निर्माण पूंजीगत परिसंपत्ति बनाता है। इसलिए यह सरकारी उपभोग नहीं बल्कि पूंजी निर्माण में शामिल होगा।

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व्यय विधि में विदेशी पर्यटक द्वारा भारत में होटल सेवा पर खर्च किसमें शामिल होगा?

In the expenditure method expenditure by a foreign tourist on hotel services in India will be included in which item?

Explanation opens after your attempt
Correct Answer

A. निर्यातExports

Step 1

Concept

A foreign tourist buys an Indian service so it is export of service. Such receipt shows foreign spending on domestic production.

Step 2

Why this answer is correct

The correct answer is A. निर्यात / Exports. A foreign tourist buys an Indian service so it is export of service. Such receipt shows foreign spending on domestic production.

Step 3

Exam Tip

विदेशी पर्यटक भारत की सेवा खरीदता है इसलिए यह सेवा निर्यात है। ऐसी प्राप्ति घरेलू उत्पादन पर विदेशी खर्च दिखाती है।

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भारतीय निवासी द्वारा विदेश यात्रा में होटल पर खर्च व्यय विधि में कैसे माना जाएगा?

How is expenditure by an Indian resident on a hotel abroad treated in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. आयातImports

Step 1

Concept

Hotel service bought abroad is foreign production. Therefore it is treated as import of service.

Step 2

Why this answer is correct

The correct answer is A. आयात / Imports. Hotel service bought abroad is foreign production. Therefore it is treated as import of service.

Step 3

Exam Tip

विदेश में खरीदी गई होटल सेवा विदेशी उत्पादन है। इसलिए यह सेवा आयात मानी जाएगी।

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