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

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Methods of calculating national income - Expenditure Method Practice Questions

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व्यय विधि में पेंशन भुगतान को सीधे क्यों नहीं जोड़ा जाता?

Why is pension payment not directly added in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह हस्तांतरण भुगतान हैBecause it is a transfer payment

Step 1

Concept

No current year good or service is received in exchange for pension. Therefore it is not directly added as final expenditure.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह हस्तांतरण भुगतान है / Because it is a transfer payment. No current year good or service is received in exchange for pension. Therefore it is not directly added as final expenditure.

Step 3

Exam Tip

पेंशन के बदले चालू वर्ष में कोई वस्तु या सेवा नहीं मिलती। इसलिए इसे अंतिम व्यय के रूप में सीधे नहीं जोड़ा जाता।

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व्यय विधि में व्यापारिक फर्म द्वारा बिजली बिल का भुगतान कब मध्यवर्ती व्यय माना जाएगा?

When is electricity bill paid by a business firm treated as intermediate expenditure in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. जब बिजली उत्पादन प्रक्रिया में उपयोग होWhen electricity is used in the production process

Step 1

Concept

Electricity used in production is part of cost and not final expenditure. Adding it may cause double counting.

Step 2

Why this answer is correct

The correct answer is A. जब बिजली उत्पादन प्रक्रिया में उपयोग हो / When electricity is used in the production process. Electricity used in production is part of cost and not final expenditure. Adding it may cause double counting.

Step 3

Exam Tip

उत्पादन में प्रयुक्त बिजली लागत का हिस्सा है और अंतिम व्यय नहीं है। इसे जोड़ने से दोहरी गणना हो सकती है।

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निम्न में से किसे निजी अंतिम उपभोग व्यय में शामिल नहीं किया जाएगा?

Which of the following will not be included in private final consumption expenditure?

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Correct Answer

A. परिवार द्वारा नया मकान खरीदनाHousehold buying a new house

Step 1

Concept

A new house is treated as capital investment. Fruits fees and mobile service are household final consumption.

Step 2

Why this answer is correct

The correct answer is A. परिवार द्वारा नया मकान खरीदना / Household buying a new house. A new house is treated as capital investment. Fruits fees and mobile service are household final consumption.

Step 3

Exam Tip

नया मकान पूंजीगत निवेश माना जाता है। फल फीस और मोबाइल सेवा घरेलू अंतिम उपभोग हैं।

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व्यय विधि में घरेलू सीमा की अवधारणा क्यों महत्वपूर्ण है?

Why is the concept of domestic territory important in the expenditure method?

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Correct Answer

A. क्योंकि GDP घरेलू सीमा में हुए उत्पादन पर अंतिम व्यय मापता हैBecause GDP measures final expenditure on production within domestic territory

Step 1

Concept

GDP relates to production within the domestic territory of a country. Income by citizenship is considered while adjusting to national income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि GDP घरेलू सीमा में हुए उत्पादन पर अंतिम व्यय मापता है / Because GDP measures final expenditure on production within domestic territory. GDP relates to production within the domestic territory of a country. Income by citizenship is considered while adjusting to national income.

Step 3

Exam Tip

GDP का संबंध देश की घरेलू सीमा के अंदर हुए उत्पादन से है। नागरिकता के आधार पर आय मापना राष्ट्रीय आय के समायोजन में आता है।

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यदि अंतिम स्टॉक (90) और प्रारंभिक स्टॉक (120) है तो स्टॉक में परिवर्तन कितना होगा?

If closing stock is (90) and opening stock is (120), what will be the change in stock?

Explanation opens after your attempt
Correct Answer

A. (-30)

Step 1

Concept

Change in stock is (Closing\ Stock-Opening\ Stock). Therefore (90-120=-30).

Step 2

Why this answer is correct

The correct answer is A. (-30). Change in stock is (Closing\ Stock-Opening\ Stock). Therefore (90-120=-30).

Step 3

Exam Tip

स्टॉक में परिवर्तन (Closing\ Stock-Opening\ Stock) होता है। इसलिए (90-120=-30) होगा।

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व्यय विधि में पूंजीगत वस्तुओं पर खर्च को अंतिम व्यय क्यों माना जाता है?

Why is expenditure on capital goods treated as final expenditure in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि वे उत्पादन में लंबे समय तक उपयोग होती हैं और पुनर्विक्रय के लिए नहीं खरीदी जातींBecause they are used for long periods in production and are not bought for resale

Step 1

Concept

Capital goods help further production but are not used up like intermediate goods immediately. Hence their expenditure is final as investment.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वे उत्पादन में लंबे समय तक उपयोग होती हैं और पुनर्विक्रय के लिए नहीं खरीदी जातीं / Because they are used for long periods in production and are not bought for resale. Capital goods help further production but are not used up like intermediate goods immediately. Hence their expenditure is final as investment.

Step 3

Exam Tip

पूंजीगत वस्तुएं आगे उत्पादन में मदद करती हैं लेकिन मध्यवर्ती वस्तुओं की तरह तुरंत समाप्त नहीं होतीं। इसलिए उनका खर्च निवेश के रूप में अंतिम व्यय है।

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व्यय विधि में घरेलू उपभोक्ता द्वारा आयातित मोबाइल खरीदने पर GDP गणना में क्या प्रभाव होगा?

In the expenditure method what is the effect on GDP when a domestic consumer buys an imported mobile?

Explanation opens after your attempt
Correct Answer

A. उपभोग बढ़ता है पर आयात घटाने से घरेलू GDP पर शुद्ध प्रभाव नहीं पड़ताConsumption rises but imports are subtracted so net effect on domestic GDP is nil

Step 1

Concept

Spending on an imported mobile may appear in (PFCE), but the same amount is subtracted as imports. Thus foreign production is not included in GDP.

Step 2

Why this answer is correct

The correct answer is A. उपभोग बढ़ता है पर आयात घटाने से घरेलू GDP पर शुद्ध प्रभाव नहीं पड़ता / Consumption rises but imports are subtracted so net effect on domestic GDP is nil. Spending on an imported mobile may appear in (PFCE), but the same amount is subtracted as imports. Thus foreign production is not included in GDP.

Step 3

Exam Tip

आयातित मोबाइल पर खर्च (PFCE) में दिख सकता है लेकिन समान राशि आयात में घटती है। इसलिए विदेशी उत्पादन GDP में शामिल नहीं होता।

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व्यय विधि में मुफ्त सरकारी शिक्षा सेवा का मूल्य किसमें शामिल होता है?

In the expenditure method the value of free government education service is included in which item?

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Correct Answer

A. सरकारी अंतिम उपभोग व्ययGovernment final consumption expenditure

Step 1

Concept

Government may provide education free but it has production cost. Hence its value is included in government final consumption expenditure.

Step 2

Why this answer is correct

The correct answer is A. सरकारी अंतिम उपभोग व्यय / Government final consumption expenditure. Government may provide education free but it has production cost. Hence its value is included in government final consumption expenditure.

Step 3

Exam Tip

सरकार शिक्षा सेवा मुफ्त दे सकती है पर उसका उत्पादन खर्च होता है। इसलिए इसका मूल्य सरकारी अंतिम उपभोग व्यय में शामिल होता है।

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व्यय विधि में दान को सीधे अंतिम व्यय क्यों नहीं माना जाता?

Why is donation not directly treated as final expenditure in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि दान के बदले चालू उत्पादन नहीं मिलताBecause no current production is received in return for donation

Step 1

Concept

Donation is like a transfer and no final good or service is received in return. Spending on buying goods is counted separately.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि दान के बदले चालू उत्पादन नहीं मिलता / Because no current production is received in return for donation. Donation is like a transfer and no final good or service is received in return. Spending on buying goods is counted separately.

Step 3

Exam Tip

दान हस्तांतरण की तरह होता है और इसके बदले कोई अंतिम वस्तु या सेवा नहीं मिलती। वस्तु खरीद पर किया गया खर्च अलग से गिना जाता है।

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यदि \(GDP_{MP}=1000\), मूल्यह्रास (=80), और शुद्ध अप्रत्यक्ष कर (=120) है तो \(NDP_{FC}\) कितना होगा?

If \(GDP_{MP}=1000\), depreciation (=80), and net indirect taxes (=120), what will be \(NDP_{FC}\)?

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Correct Answer

A. 800

Step 1

Concept

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). Therefore (1000-80-120=800).

Step 2

Why this answer is correct

The correct answer is A. 800. \(NDP_{FC}=GDP_{MP}-Depreciation-NIT\). Therefore (1000-80-120=800).

Step 3

Exam Tip

\(NDP_{FC}=GDP_{MP}-Depreciation-NIT\) होता है। इसलिए (1000-80-120=800) होगा।

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