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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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यदि (C = 1200), (I = 450), (G = 300), (X = 180) और (M = 220) है, तो व्यय विधि से \(GDP_{MP}\) कितना होगा?

If (C = 1200), (I = 450), (G = 300), (X = 180) and (M = 220), what will be \(GDP_{MP}\) by the expenditure method?

Explanation opens after your attempt
Correct Answer

A. ₹1,910

Step 1

Concept

(GDP_{MP} = C + I + G + (X - M)). Here (1200 + 450 + 300 - 40 = 1910).

Step 2

Why this answer is correct

The correct answer is A. ₹1,910. (GDP_{MP} = C + I + G + (X - M)). Here (1200 + 450 + 300 - 40 = 1910).

Step 3

Exam Tip

(GDP_{MP} = C + I + G + (X - M)) होता है। यहां (1200 + 450 + 300 - 40 = 1910) है।

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व्यय विधि में अंतिम उपभोग व्यय और मध्यवर्ती व्यय को अलग करना क्यों जरूरी है?

Why is it necessary to separate final consumption expenditure and intermediate expenditure in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. दोहरी गणना से बचने के लिएTo avoid double counting

Step 1

Concept

The value of intermediate goods is included in final goods. Adding them separately causes double counting.

Step 2

Why this answer is correct

The correct answer is A. दोहरी गणना से बचने के लिए / To avoid double counting. The value of intermediate goods is included in final goods. Adding them separately causes double counting.

Step 3

Exam Tip

मध्यवर्ती वस्तुओं का मूल्य अंतिम वस्तुओं में शामिल हो जाता है। इसलिए उन्हें अलग से जोड़ने पर दोहरी गणना होती है।

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एक फर्म ने ₹8,00,000 की मशीन खरीदी, ₹1,20,000 का कच्चा माल खरीदा और ₹50,000 की मरम्मत सेवा ली। व्यय विधि में अंतिम निवेश के रूप में कौन सा मद शामिल होगा?

A firm purchased a machine for ₹8,00,000, raw material for ₹1,20,000 and repair service for ₹50,000. Which item will be included as final investment in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. केवल मशीनOnly machine

Step 1

Concept

A new machine is a capital good, so it is investment. Raw material and ordinary repair may be intermediate costs of production.

Step 2

Why this answer is correct

The correct answer is A. केवल मशीन / Only machine. A new machine is a capital good, so it is investment. Raw material and ordinary repair may be intermediate costs of production.

Step 3

Exam Tip

नई मशीन पूंजीगत वस्तु है इसलिए निवेश है। कच्चा माल और सामान्य मरम्मत उत्पादन की मध्यवर्ती लागत हो सकते हैं।

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यदि सकल निवेश ₹900 करोड़ और मूल्यह्रास ₹160 करोड़ है, तो शुद्ध निवेश कितना होगा?

If gross investment is ₹900 crore and depreciation is ₹160 crore, what will be net investment?

Explanation opens after your attempt
Correct Answer

A. ₹740 करोड़₹740 crore

Step 1

Concept

Net investment is (Gross Investment - Depreciation). Therefore (900 - 160 = 740) crore.

Step 2

Why this answer is correct

The correct answer is A. ₹740 करोड़ / ₹740 crore. Net investment is (Gross Investment - Depreciation). Therefore (900 - 160 = 740) crore.

Step 3

Exam Tip

शुद्ध निवेश (Gross Investment - Depreciation) होता है। इसलिए (900 - 160 = 740) करोड़।

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यदि \(GDP_{MP} = ₹4,500\) करोड़, मूल्यह्रास ₹400 करोड़, शुद्ध अप्रत्यक्ष कर ₹300 करोड़ और (NFIA = ₹100) करोड़ है, तो राष्ट्रीय आय कितनी होगी?

If \(GDP_{MP} = ₹4,500\) crore, depreciation is ₹400 crore, net indirect tax is ₹300 crore and (NFIA = ₹100) crore, what is national income?

Explanation opens after your attempt
Correct Answer

B. ₹3,900 करोड़₹3,900 crore

Step 1

Concept

First \(NDP_{FC} = 4500 - 400 - 300 = 3800\). National income will be (3800 + 100 = 3900) crore.

Step 2

Why this answer is correct

The correct answer is B. ₹3,900 करोड़ / ₹3,900 crore. First \(NDP_{FC} = 4500 - 400 - 300 = 3800\). National income will be (3800 + 100 = 3900) crore.

Step 3

Exam Tip

पहले \(NDP_{FC} = 4500 - 400 - 300 = 3800\) है। राष्ट्रीय आय (3800 + 100 = 3900) करोड़ होगी।

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व्यय विधि में पुरानी संपत्ति की खरीद को बाहर रखा जाता है, पर दलाली शुल्क शामिल हो सकता है। इसका कारण क्या है?

In the expenditure method, purchase of an old asset is excluded but brokerage fee may be included. What is the reason?

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Correct Answer

A. पुरानी संपत्ति चालू उत्पादन नहीं, पर दलाली चालू सेवा हैOld asset is not current production but brokerage is current service

Step 1

Concept

The old asset was produced earlier. The broker's service is a service produced in the current year.

Step 2

Why this answer is correct

The correct answer is A. पुरानी संपत्ति चालू उत्पादन नहीं, पर दलाली चालू सेवा है / Old asset is not current production but brokerage is current service. The old asset was produced earlier. The broker's service is a service produced in the current year.

Step 3

Exam Tip

पुरानी संपत्ति का उत्पादन पहले हो चुका है। दलाल की सेवा चालू वर्ष में उत्पन्न सेवा है।

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यदि (C = 950), (I = 300), (G = 250), (X = 140), (M = 210), मूल्यह्रास ₹80 और शुद्ध अप्रत्यक्ष कर ₹60 है, तो \(NDP_{FC}\) कितना होगा?

If (C = 950), (I = 300), (G = 250), (X = 140), (M = 210), depreciation is ₹80 and net indirect tax is ₹60, what will be \(NDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

C. ₹1,300

Step 1

Concept

\(GDP_{MP} = 950 + 300 + 250 - 70 = 1430\). \(NDP_{FC} = 1430 - 80 - 60 = 1290\), so the correct calculated value is ₹1,290.

Step 2

Why this answer is correct

The correct answer is C. ₹1,300. \(GDP_{MP} = 950 + 300 + 250 - 70 = 1430\). \(NDP_{FC} = 1430 - 80 - 60 = 1290\), so the correct calculated value is ₹1,290.

Step 3

Exam Tip

\(GDP_{MP} = 950 + 300 + 250 - 70 = 1430\) है। \(NDP_{FC} = 1430 - 80 - 60 = 1290\), इसलिए दिए विकल्पों में कोई निकट नहीं; सही गणना ₹1,290 है।

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सरकार द्वारा वृद्धावस्था पेंशन देने को सरकारी अंतिम उपभोग व्यय क्यों नहीं माना जाता?

Why is old-age pension paid by the government not treated as government final consumption expenditure?

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Correct Answer

A. क्योंकि यह बिना वस्तु या सेवा के बदले हस्तांतरण भुगतान हैBecause it is a transfer payment without receiving a good or service

Step 1

Concept

The government does not receive a current production service in return for pension. Hence it is not added to final expenditure.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह बिना वस्तु या सेवा के बदले हस्तांतरण भुगतान है / Because it is a transfer payment without receiving a good or service. The government does not receive a current production service in return for pension. Hence it is not added to final expenditure.

Step 3

Exam Tip

पेंशन के बदले सरकार को कोई चालू उत्पादन सेवा नहीं मिलती। इसलिए इसे अंतिम व्यय में नहीं जोड़ा जाता।

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निम्न में से कौन सा व्यय व्यय विधि में सकल स्थिर पूंजी निर्माण का भाग है?

Which of the following expenditure is a part of gross fixed capital formation in the expenditure method?

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Correct Answer

A. नया पुल निर्माणConstruction of a new bridge

Step 1

Concept

A new bridge creates a fixed capital asset. Therefore it is included in gross fixed capital formation.

Step 2

Why this answer is correct

The correct answer is A. नया पुल निर्माण / Construction of a new bridge. A new bridge creates a fixed capital asset. Therefore it is included in gross fixed capital formation.

Step 3

Exam Tip

नया पुल स्थिर पूंजीगत संपत्ति बनाता है। इसलिए यह सकल स्थिर पूंजी निर्माण में शामिल होगा।

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यदि अंतिम स्टॉक ₹2,40,000 और आरंभिक स्टॉक ₹1,75,000 है, तो स्टॉक परिवर्तन का निवेश पर क्या प्रभाव होगा?

If closing stock is ₹2,40,000 and opening stock is ₹1,75,000, what will be the effect of change in stock on investment?

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Correct Answer

A. ₹65,000 की वृद्धिIncrease of ₹65,000

Step 1

Concept

Change in stock is (Closing Stock - Opening Stock). (240000 - 175000 = 65000) is positive investment.

Step 2

Why this answer is correct

The correct answer is A. ₹65,000 की वृद्धि / Increase of ₹65,000. Change in stock is (Closing Stock - Opening Stock). (240000 - 175000 = 65000) is positive investment.

Step 3

Exam Tip

स्टॉक परिवर्तन (Closing Stock - Opening Stock) होता है। (240000 - 175000 = 65000) धनात्मक निवेश है।

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