The expenditure method adds four final expenditure components. Wages and profit are components of income method.
Step 2
Why this answer is correct
The correct answer is A. (PFCE), (GFCE), (GCF), (NX). The expenditure method adds four final expenditure components. Wages and profit are components of income method.
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Exam Tip
व्यय विधि चार अंतिम व्यय घटकों को जोड़ती है। मजदूरी और लाभ आय विधि के घटक हैं।
A. क्या वह अंतिम उपयोग के लिए सरकारी खरीद है या पूंजीगत परिसंपत्ति बनाती है/Whether it is government purchase for final use or creates a capital asset
Step 1
Concept
Classification of government purchase depends on use and asset creation. In exams check the difference between consumption and capital formation.
Step 2
Why this answer is correct
The correct answer is A. क्या वह अंतिम उपयोग के लिए सरकारी खरीद है या पूंजीगत परिसंपत्ति बनाती है / Whether it is government purchase for final use or creates a capital asset. Classification of government purchase depends on use and asset creation. In exams check the difference between consumption and capital formation.
Step 3
Exam Tip
सरकारी खरीद का वर्गीकरण उसके उपयोग और परिसंपत्ति निर्माण पर निर्भर करता है। परीक्षा में उपभोग और पूंजी निर्माण का अंतर देखें।
Private non-profit institutions are counted with the private consumption sector. Their final consumption is included in (PFCE).
Step 2
Why this answer is correct
The correct answer is A. (PFCE). Private non-profit institutions are counted with the private consumption sector. Their final consumption is included in (PFCE).
Step 3
Exam Tip
निजी गैर-लाभकारी संस्थाएं घरेलू निजी उपभोग क्षेत्र के साथ गिनी जाती हैं। उनका अंतिम उपभोग (PFCE) में शामिल होता है।
B. उत्पादन लागत के आधार पर/On the basis of cost of production
Step 1
Concept
Government services are often not sold in the market. Therefore they are valued on the basis of cost.
Step 2
Why this answer is correct
The correct answer is B. उत्पादन लागत के आधार पर / On the basis of cost of production. Government services are often not sold in the market. Therefore they are valued on the basis of cost.
Step 3
Exam Tip
सरकारी सेवाएं अक्सर बाजार में बेची नहीं जातीं। इसलिए उनका मूल्यांकन लागत के आधार पर किया जाता है।
B. जब वह पुनर्विक्रय या निवेश उद्देश्य से खरीदा गया हो/When it is bought for resale or investment purpose
Step 1
Concept
Classification of gold purchase can change according to purpose. Purchase for investment or resale is not treated as final consumption.
Step 2
Why this answer is correct
The correct answer is B. जब वह पुनर्विक्रय या निवेश उद्देश्य से खरीदा गया हो / When it is bought for resale or investment purpose. Classification of gold purchase can change according to purpose. Purchase for investment or resale is not treated as final consumption.
Step 3
Exam Tip
उद्देश्य के अनुसार सोने की खरीद का वर्गीकरण बदल सकता है। निवेश या पुनर्विक्रय हेतु खरीद अंतिम उपभोग नहीं मानी जाती।
Raw material bought by a firm to produce a service is intermediate cost. It is not added separately in final expenditure.
Step 2
Why this answer is correct
The correct answer is B. मध्यवर्ती व्यय / Intermediate expenditure. Raw material bought by a firm to produce a service is intermediate cost. It is not added separately in final expenditure.
Step 3
Exam Tip
फर्म द्वारा सेवा उत्पादन के लिए खरीदा गया कच्चा माल मध्यवर्ती लागत है। इसे अंतिम व्यय में अलग से नहीं जोड़ा जाता।
C. जब अंतिम स्टॉक प्रारंभिक स्टॉक से कम हो/When closing stock is less than opening stock
Step 1
Concept
Inventory change is (Closing\ Stock-Opening\ Stock). If closing stock is lower it becomes negative and reduces (GCF).
Step 2
Why this answer is correct
The correct answer is C. जब अंतिम स्टॉक प्रारंभिक स्टॉक से कम हो / When closing stock is less than opening stock. Inventory change is (Closing\ Stock-Opening\ Stock). If closing stock is lower it becomes negative and reduces (GCF).
Step 3
Exam Tip
इन्वेंटरी परिवर्तन (Closing\ Stock-Opening\ Stock) होता है। अंतिम स्टॉक कम होने पर यह ऋणात्मक होकर (GCF) घटाता है।
