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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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घरेलू आय का दूसरा नाम क्या है?

What is another name for domestic income?

Explanation opens after your attempt
Correct Answer

A. \(NDP_{FC}\)

Step 1

Concept

Domestic income is also called \(NDP_{FC}\). It is net output at factor cost within domestic territory.

Step 2

Why this answer is correct

The correct answer is A. \(NDP_{FC}\). Domestic income is also called \(NDP_{FC}\). It is net output at factor cost within domestic territory.

Step 3

Exam Tip

घरेलू आय को \(NDP_{FC}\) भी कहा जाता है। यह घरेलू सीमा में साधन लागत पर शुद्ध उत्पादन है।

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राष्ट्रीय आय प्राप्त करने के लिए घरेलू आय में क्या जोड़ा जाता है?

What is added to domestic income to obtain national income?

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Correct Answer

A. विदेश से शुद्ध साधन आयNet factor income from abroad

Step 1

Concept

National income is (Domestic Income + NFIA). It shows total factor income of residents.

Step 2

Why this answer is correct

The correct answer is A. विदेश से शुद्ध साधन आय / Net factor income from abroad. National income is (Domestic Income + NFIA). It shows total factor income of residents.

Step 3

Exam Tip

राष्ट्रीय आय (Domestic Income + NFIA) होती है। यह निवासियों की कुल साधन आय दिखाती है।

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यदि \(GDP_{MP} = 1000\) और मूल्यह्रास (100) है, तो \(NDP_{MP}\) कितना होगा?

If \(GDP_{MP} = 1000\) and depreciation is (100), what will be \(NDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

C. ₹900

Step 1

Concept

\(NDP_{MP} = GDP_{MP} - Depreciation\). Therefore (1000 - 100 = 900).

Step 2

Why this answer is correct

The correct answer is C. ₹900. \(NDP_{MP} = GDP_{MP} - Depreciation\). Therefore (1000 - 100 = 900).

Step 3

Exam Tip

\(NDP_{MP} = GDP_{MP} - Depreciation\) है। इसलिए (1000 - 100 = 900) होगा।

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यदि \(NDP_{MP} = 900\) और शुद्ध अप्रत्यक्ष कर (50) है, तो \(NDP_{FC}\) कितना होगा?

If \(NDP_{MP} = 900\) and net indirect tax is (50), what will be \(NDP_{FC}\)?

Explanation opens after your attempt
Correct Answer

B. ₹850

Step 1

Concept

\(NDP_{FC} = NDP_{MP} - Net Indirect Tax\). Therefore (900 - 50 = 850) is correct.

Step 2

Why this answer is correct

The correct answer is B. ₹850. \(NDP_{FC} = NDP_{MP} - Net Indirect Tax\). Therefore (900 - 50 = 850) is correct.

Step 3

Exam Tip

\(NDP_{FC} = NDP_{MP} - Net Indirect Tax\) है। इसलिए (900 - 50 = 850) सही है।

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यदि घरेलू आय ₹850 और (NFIA) ₹30 है, तो राष्ट्रीय आय कितनी होगी?

If domestic income is ₹850 and (NFIA) is ₹30, what is national income?

Explanation opens after your attempt
Correct Answer

C. ₹880

Step 1

Concept

National income will be (850 + 30 = 880). If (NFIA) is positive, it is added to domestic income.

Step 2

Why this answer is correct

The correct answer is C. ₹880. National income will be (850 + 30 = 880). If (NFIA) is positive, it is added to domestic income.

Step 3

Exam Tip

राष्ट्रीय आय (850 + 30 = 880) होगी। (NFIA) धनात्मक हो तो घरेलू आय में जोड़ा जाता है।

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यदि घरेलू आय ₹850 और (NFIA) ₹-20 है, तो राष्ट्रीय आय कितनी होगी?

If domestic income is ₹850 and (NFIA) is ₹-20, what is national income?

Explanation opens after your attempt
Correct Answer

B. ₹830

Step 1

Concept

National income will be (850 + (-20) = 830). Negative (NFIA) reduces domestic income.

Step 2

Why this answer is correct

The correct answer is B. ₹830. National income will be (850 + (-20) = 830). Negative (NFIA) reduces domestic income.

Step 3

Exam Tip

राष्ट्रीय आय (850 + (-20) = 830) होगी। ऋणात्मक (NFIA) घरेलू आय को घटाता है।

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व्यय विधि में शेयरों की खरीद को सामान्यतः क्यों शामिल नहीं किया जाता?

Why is purchase of shares generally not included in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. यह वित्तीय संपत्ति का लेन-देन हैIt is a transaction of financial assets

Step 1

Concept

Purchase of shares is not spending on current production of a real good or service. It is a transaction of financial assets.

Step 2

Why this answer is correct

The correct answer is A. यह वित्तीय संपत्ति का लेन-देन है / It is a transaction of financial assets. Purchase of shares is not spending on current production of a real good or service. It is a transaction of financial assets.

Step 3

Exam Tip

शेयरों की खरीद वास्तविक वस्तु या सेवा के चालू उत्पादन पर खर्च नहीं है। यह वित्तीय संपत्ति का लेन-देन है।

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बांड की खरीद व्यय विधि में क्यों नहीं जोड़ी जाती?

Why is purchase of bonds not added in the expenditure method?

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Correct Answer

A. यह वित्तीय निवेश है, वास्तविक पूंजी निर्माण नहींIt is financial investment, not real capital formation

Step 1

Concept

Buying bonds does not create a new real capital good. Therefore it is not added to expenditure for national income.

Step 2

Why this answer is correct

The correct answer is A. यह वित्तीय निवेश है, वास्तविक पूंजी निर्माण नहीं / It is financial investment, not real capital formation. Buying bonds does not create a new real capital good. Therefore it is not added to expenditure for national income.

Step 3

Exam Tip

बांड खरीदने से नई वास्तविक पूंजीगत वस्तु नहीं बनती। इसलिए इसे राष्ट्रीय आय के व्यय में नहीं जोड़ा जाता।

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व्यय विधि में नई कार परिवार द्वारा खरीदी जाए तो किसमें आएगी?

If a new car is bought by a household, where will it come in the expenditure method?

Explanation opens after your attempt
Correct Answer

A. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure

Step 1

Concept

For a household, a new car is a final consumption good. Therefore it comes under private final consumption expenditure.

Step 2

Why this answer is correct

The correct answer is A. निजी अंतिम उपभोग व्यय / Private final consumption expenditure. For a household, a new car is a final consumption good. Therefore it comes under private final consumption expenditure.

Step 3

Exam Tip

परिवार के लिए नई कार अंतिम उपभोग वस्तु है। इसलिए यह निजी अंतिम उपभोग व्यय में आएगी।

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व्यय विधि में वही नई कार टैक्सी कंपनी द्वारा खरीदी जाए तो किसमें आएगी?

If the same new car is bought by a taxi company, where will it come in the expenditure method?

Explanation opens after your attempt
Correct Answer

B. निवेश व्ययInvestment expenditure

Step 1

Concept

For a taxi company, the car is a capital good used to provide service. Therefore it is investment expenditure.

Step 2

Why this answer is correct

The correct answer is B. निवेश व्यय / Investment expenditure. For a taxi company, the car is a capital good used to provide service. Therefore it is investment expenditure.

Step 3

Exam Tip

टैक्सी कंपनी के लिए कार उत्पादन सेवा देने वाली पूंजीगत वस्तु है। इसलिए यह निवेश व्यय है।

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