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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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निम्न में से कौन सा व्यय विधि में शामिल नहीं किया जाना चाहिए?

Which of the following should not be included in the expenditure method?

Explanation opens after your attempt
Correct Answer

C. मध्यवर्ती कच्चे माल की खरीदPurchase of intermediate raw material

Step 1

Concept

Spending on intermediate raw material is not final expenditure. Adding it can cause double counting.

Step 2

Why this answer is correct

The correct answer is C. मध्यवर्ती कच्चे माल की खरीद / Purchase of intermediate raw material. Spending on intermediate raw material is not final expenditure. Adding it can cause double counting.

Step 3

Exam Tip

मध्यवर्ती कच्चे माल पर खर्च अंतिम व्यय नहीं है। इसे जोड़ने से दोहरी गणना हो सकती है।

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व्यय विधि में पुरानी कार की खरीद को क्यों शामिल नहीं किया जाता?

Why is purchase of an old car not included in the expenditure method?

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Correct Answer

A. क्योंकि यह चालू वर्ष का नया उत्पादन नहीं हैBecause it is not new production of the current year

Step 1

Concept

An old car has already been counted in production of an earlier year. Only expenditure on new goods and services of the current year is added.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह चालू वर्ष का नया उत्पादन नहीं है / Because it is not new production of the current year. An old car has already been counted in production of an earlier year. Only expenditure on new goods and services of the current year is added.

Step 3

Exam Tip

पुरानी कार पहले ही किसी वर्ष के उत्पादन में गिनी जा चुकी होती है। चालू वर्ष में केवल नई वस्तुओं और सेवाओं का व्यय जोड़ा जाता है।

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पुरानी कार की बिक्री पर एजेंट को मिला कमीशन व्यय विधि में क्यों शामिल हो सकता है?

Why can commission paid to an agent on sale of an old car be included in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह चालू वर्ष की सेवा का भुगतान हैBecause it is payment for a current year service

Step 1

Concept

The value of the old car is not included, but the agent's service is provided in the current year. Hence the service fee may be included.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह चालू वर्ष की सेवा का भुगतान है / Because it is payment for a current year service. The value of the old car is not included, but the agent's service is provided in the current year. Hence the service fee may be included.

Step 3

Exam Tip

पुरानी कार का मूल्य शामिल नहीं होता, लेकिन एजेंट की सेवा चालू वर्ष में दी गई है। इसलिए सेवा शुल्क शामिल हो सकता है।

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निर्यात को व्यय विधि में क्यों जोड़ा जाता है?

Why are exports added in the expenditure method?

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Correct Answer

A. क्योंकि वे घरेलू उत्पादन पर विदेशी व्यय हैंBecause they are foreign spending on domestic output

Step 1

Concept

Exports are foreigners' spending on goods and services produced in the domestic economy. Therefore they are added to \(GDP_{MP}\).

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वे घरेलू उत्पादन पर विदेशी व्यय हैं / Because they are foreign spending on domestic output. Exports are foreigners' spending on goods and services produced in the domestic economy. Therefore they are added to \(GDP_{MP}\).

Step 3

Exam Tip

निर्यात घरेलू अर्थव्यवस्था में बने सामान और सेवाओं पर विदेशियों का खर्च है। इसलिए उन्हें \(GDP_{MP}\) में जोड़ा जाता है।

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आयात को व्यय विधि में क्यों घटाया जाता है?

Why are imports deducted in the expenditure method?

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Correct Answer

A. क्योंकि वे विदेशी उत्पादन पर घरेलू व्यय हैंBecause they are domestic spending on foreign output

Step 1

Concept

Spending on imports does not represent domestic production. Therefore imports are deducted in (X - M).

Step 2

Why this answer is correct

The correct answer is A. क्योंकि वे विदेशी उत्पादन पर घरेलू व्यय हैं / Because they are domestic spending on foreign output. Spending on imports does not represent domestic production. Therefore imports are deducted in (X - M).

Step 3

Exam Tip

आयात पर खर्च घरेलू उत्पादन नहीं दर्शाता। इसलिए (X - M) में आयात घटाए जाते हैं।

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यदि (X = 120) और (M = 150) है, तो शुद्ध निर्यात कितना होगा?

If (X = 120) and (M = 150), what will be net exports?

Explanation opens after your attempt
Correct Answer

C. ₹-30

Step 1

Concept

Net exports are (X - M = 120 - 150 = -30). When imports are higher, net exports are negative.

Step 2

Why this answer is correct

The correct answer is C. ₹-30. Net exports are (X - M = 120 - 150 = -30). When imports are higher, net exports are negative.

Step 3

Exam Tip

शुद्ध निर्यात (X - M = 120 - 150 = -30) है। आयात अधिक होने पर शुद्ध निर्यात ऋणात्मक होता है।

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सकल घरेलू पूंजी निर्माण का सरल अर्थ क्या है?

What is the simple meaning of gross domestic capital formation?

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Correct Answer

A. नई पूंजीगत वस्तुओं और स्टॉक में वृद्धि पर व्ययExpenditure on new capital goods and increase in stock

Step 1

Concept

Gross domestic capital formation includes spending on capital goods and change in stock. It is a main part of investment.

Step 2

Why this answer is correct

The correct answer is A. नई पूंजीगत वस्तुओं और स्टॉक में वृद्धि पर व्यय / Expenditure on new capital goods and increase in stock. Gross domestic capital formation includes spending on capital goods and change in stock. It is a main part of investment.

Step 3

Exam Tip

सकल घरेलू पूंजी निर्माण में पूंजीगत वस्तुओं और स्टॉक परिवर्तन पर खर्च आता है। यह निवेश का मुख्य भाग है।

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यदि अंतिम स्टॉक आरंभिक स्टॉक से अधिक है, तो निवेश में स्टॉक परिवर्तन का प्रभाव कैसा होगा?

If closing stock is greater than opening stock, what will be the effect of change in stock on investment?

Explanation opens after your attempt
Correct Answer

A. धनात्मकPositive

Step 1

Concept

When closing stock is higher, stock increases. It is included positively in investment.

Step 2

Why this answer is correct

The correct answer is A. धनात्मक / Positive. When closing stock is higher, stock increases. It is included positively in investment.

Step 3

Exam Tip

अंतिम स्टॉक अधिक होने पर स्टॉक में वृद्धि होती है। यह निवेश में धनात्मक रूप से शामिल होती है।

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यदि अंतिम स्टॉक आरंभिक स्टॉक से कम है, तो स्टॉक परिवर्तन कैसा होगा?

If closing stock is less than opening stock, how will change in stock be?

Explanation opens after your attempt
Correct Answer

B. ऋणात्मकNegative

Step 1

Concept

When closing stock is lower, stock decreases. Therefore change in stock is negative.

Step 2

Why this answer is correct

The correct answer is B. ऋणात्मक / Negative. When closing stock is lower, stock decreases. Therefore change in stock is negative.

Step 3

Exam Tip

अंतिम स्टॉक कम होने पर स्टॉक घटता है। इसलिए स्टॉक परिवर्तन ऋणात्मक होता है।

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व्यय विधि में घर बनाने पर किया गया खर्च किस श्रेणी में आता है?

Spending on construction of a house comes under which category in the expenditure method?

Explanation opens after your attempt
Correct Answer

B. पूंजी निर्माण या निवेशCapital formation or investment

Step 1

Concept

House construction creates a capital asset, so it is included in investment. Do not treat house construction as ordinary consumption spending in exams.

Step 2

Why this answer is correct

The correct answer is B. पूंजी निर्माण या निवेश / Capital formation or investment. House construction creates a capital asset, so it is included in investment. Do not treat house construction as ordinary consumption spending in exams.

Step 3

Exam Tip

घर निर्माण पूंजीगत संपत्ति बनाता है, इसलिए यह निवेश में शामिल होता है। परीक्षा में मकान निर्माण को साधारण उपभोग खर्च न मानें।

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