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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 मकान का मासिक किराया देने वाला परिवार किस प्रकार का व्यय कर रहा है?

A household paying monthly house rent is making what type of expenditure in the expenditure method?

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Correct Answer

B. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure

Step 1

Concept

Rent is payment for final consumption of housing service. Therefore it comes under private final consumption expenditure.

Step 2

Why this answer is correct

The correct answer is B. निजी अंतिम उपभोग व्यय / Private final consumption expenditure. Rent is payment for final consumption of housing service. Therefore it comes under private final consumption expenditure.

Step 3

Exam Tip

किराया आवास सेवा के अंतिम उपभोग के लिए भुगतान है। इसलिए यह निजी अंतिम उपभोग व्यय में आता है।

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व्यय विधि में स्वामित्व वाला मकान जिसमें मालिक स्वयं रहता है उसका अनुमानित किराया कैसे माना जाता है?

How is imputed rent of an owner-occupied house treated in the expenditure method?

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Correct Answer

C. निजी अंतिम उपभोग व्यय में शामिल होता हैIncluded in private final consumption expenditure

Step 1

Concept

The estimated value of housing service from an owner-occupied house is counted. It is included in private final consumption expenditure.

Step 2

Why this answer is correct

The correct answer is C. निजी अंतिम उपभोग व्यय में शामिल होता है / Included in private final consumption expenditure. The estimated value of housing service from an owner-occupied house is counted. It is included in private final consumption expenditure.

Step 3

Exam Tip

स्वामित्व वाले मकान की आवास सेवा का अनुमानित मूल्य गिना जाता है। यह निजी अंतिम उपभोग व्यय में शामिल होता है।

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व्यय विधि में किसान द्वारा बीज खरीदना कब मध्यवर्ती व्यय होगा?

When will purchase of seeds by a farmer be intermediate expenditure in the expenditure method?

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Correct Answer

A. जब बीज फसल उत्पादन में उपयोग होंWhen seeds are used in crop production

Step 1

Concept

Seeds used in crop production are cost for further production. Thus they are intermediate expenditure not final expenditure.

Step 2

Why this answer is correct

The correct answer is A. जब बीज फसल उत्पादन में उपयोग हों / When seeds are used in crop production. Seeds used in crop production are cost for further production. Thus they are intermediate expenditure not final expenditure.

Step 3

Exam Tip

फसल उत्पादन में उपयोग होने वाले बीज आगे उत्पादन की लागत हैं। इसलिए वे अंतिम व्यय नहीं बल्कि मध्यवर्ती व्यय हैं।

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किस स्थिति में शुद्ध निर्यात शून्य होगा?

In which situation will net exports be zero?

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Correct Answer

C. जब निर्यात और आयात बराबर होंWhen exports and imports are equal

Step 1

Concept

Net exports are (Exports-Imports). When exports and imports are equal its value is zero.

Step 2

Why this answer is correct

The correct answer is C. जब निर्यात और आयात बराबर हों / When exports and imports are equal. Net exports are (Exports-Imports). When exports and imports are equal its value is zero.

Step 3

Exam Tip

शुद्ध निर्यात (Exports-Imports) है। निर्यात और आयात बराबर होने पर इसका मान शून्य होता है।

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व्यय विधि में सरकार द्वारा बेरोजगारी भत्ता देना किसमें सीधे शामिल होगा?

In the expenditure method government unemployment allowance will be directly included in which item?

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Correct Answer

C. किसी अंतिम व्यय में सीधे नहींNot directly in any final expenditure

Step 1

Concept

Unemployment allowance is a transfer payment. No current good or service is received in return.

Step 2

Why this answer is correct

The correct answer is C. किसी अंतिम व्यय में सीधे नहीं / Not directly in any final expenditure. Unemployment allowance is a transfer payment. No current good or service is received in return.

Step 3

Exam Tip

बेरोजगारी भत्ता हस्तांतरण भुगतान है। इसके बदले चालू वस्तु या सेवा नहीं मिलती।

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व्यय विधि के अनुसार अंतिम व्यय के चार मुख्य घटकों का सही समूह कौन-सा है?

Which is the correct group of four main components of final expenditure according to the expenditure method?

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Correct Answer

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

Step 1

Concept

The expenditure method adds private consumption government consumption capital formation and net exports. This is different from income method components.

Step 2

Why this answer is correct

The correct answer is C. (PFCE), (GFCE), (GCF), (NX). The expenditure method adds private consumption government consumption capital formation and net exports. This is different from income method components.

Step 3

Exam Tip

व्यय विधि में निजी उपभोग सरकारी उपभोग पूंजी निर्माण और शुद्ध निर्यात जोड़े जाते हैं। यह आय विधि के घटकों से अलग है।

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व्यय विधि में घरेलू सीमा में विदेशी कंपनी द्वारा बनाया गया उत्पाद GDP में क्यों शामिल होगा?

Why will a product made by a foreign company within domestic territory be included in GDP in the expenditure method?

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Correct Answer

A. क्योंकि GDP स्वामित्व नहीं घरेलू सीमा के उत्पादन पर आधारित हैBecause GDP is based on production within domestic territory not ownership

Step 1

Concept

GDP measures production within domestic territory. Foreign ownership of a company is not a basis to exclude it from GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि GDP स्वामित्व नहीं घरेलू सीमा के उत्पादन पर आधारित है / Because GDP is based on production within domestic territory not ownership. GDP measures production within domestic territory. Foreign ownership of a company is not a basis to exclude it from GDP.

Step 3

Exam Tip

GDP घरेलू सीमा में उत्पादन को मापता है। कंपनी का विदेशी स्वामित्व GDP से बाहर करने का आधार नहीं है।

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व्यय विधि में घरेलू कंपनी द्वारा विदेश में उत्पादित वस्तु पर व्यय भारत के GDP में क्यों नहीं आएगा?

Why will expenditure on a good produced abroad by an Indian company not come in India’s GDP by expenditure method?

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Correct Answer

A. क्योंकि उत्पादन घरेलू सीमा से बाहर हुआ हैBecause production took place outside domestic territory

Step 1

Concept

India’s GDP is based on production within India’s domestic territory. Production abroad is not included in India’s GDP.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उत्पादन घरेलू सीमा से बाहर हुआ है / Because production took place outside domestic territory. India’s GDP is based on production within India’s domestic territory. Production abroad is not included in India’s GDP.

Step 3

Exam Tip

भारत का GDP भारत की घरेलू सीमा के भीतर हुए उत्पादन पर आधारित है। विदेश में उत्पादन भारत के GDP में शामिल नहीं होता।

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व्यय विधि में (PFCE) और (GCF) में मुख्य अंतर क्या है?

What is the main difference between (PFCE) and (GCF) in the expenditure method?

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Correct Answer

A. (PFCE) उपभोग है जबकि (GCF) निवेश है(PFCE) is consumption while (GCF) is investment

Step 1

Concept

(PFCE) shows final consumption by households. (GCF) shows capital formation and change in stock.

Step 2

Why this answer is correct

The correct answer is A. (PFCE) उपभोग है जबकि (GCF) निवेश है / (PFCE) is consumption while (GCF) is investment. (PFCE) shows final consumption by households. (GCF) shows capital formation and change in stock.

Step 3

Exam Tip

(PFCE) परिवारों के अंतिम उपभोग को दिखाता है। (GCF) पूंजी निर्माण और स्टॉक परिवर्तन को दिखाता है।

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यदि (GCF=500), स्थिर पूंजी निर्माण (=430), तो स्टॉक परिवर्तन कितना होगा?

If (GCF=500), fixed capital formation (=430), what will be change in stock?

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Correct Answer

B. 70

Step 1

Concept

(GCF) includes fixed capital formation and change in stock. Therefore change in stock is (500-430=70).

Step 2

Why this answer is correct

The correct answer is B. 70. (GCF) includes fixed capital formation and change in stock. Therefore change in stock is (500-430=70).

Step 3

Exam Tip

(GCF) में स्थिर पूंजी निर्माण और स्टॉक परिवर्तन शामिल हैं। इसलिए स्टॉक परिवर्तन (500-430=70) होगा।

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