The sum of final expenditures gives \(GDP_{MP}\) in the expenditure method. Depreciation and tax adjustments are made later.
Step 2
Why this answer is correct
The correct answer is A. \(GDP_{MP}\). The sum of final expenditures gives \(GDP_{MP}\) in the expenditure method. Depreciation and tax adjustments are made later.
Step 3
Exam Tip
व्यय विधि में अंतिम व्ययों का योग \(GDP_{MP}\) देता है। बाद में मूल्यह्रास और कर समायोजन किए जाते हैं।
A. परिवारों का अंतिम उपभोग खर्च/Households' final consumption spending
Step 1
Concept
Households' spending on final goods and services comes under (C). Raw materials and financial assets are not included.
Step 2
Why this answer is correct
The correct answer is A. परिवारों का अंतिम उपभोग खर्च / Households' final consumption spending. Households' spending on final goods and services comes under (C). Raw materials and financial assets are not included.
Step 3
Exam Tip
परिवारों द्वारा अंतिम वस्तुओं और सेवाओं पर खर्च (C) में आता है। कच्चा माल और वित्तीय संपत्ति इसमें शामिल नहीं होते।
A new machine is a capital good that raises production capacity. Hence it is treated as investment or capital formation.
Step 2
Why this answer is correct
The correct answer is A. नई मशीन की खरीद / Purchase of a new machine. A new machine is a capital good that raises production capacity. Hence it is treated as investment or capital formation.
Step 3
Exam Tip
नई मशीन उत्पादन क्षमता बढ़ाने वाली पूंजीगत वस्तु है। इसलिए इसे निवेश या पूंजी निर्माण में रखा जाता है।
A. सरकार द्वारा प्रशासनिक सेवाओं पर खर्च/Government spending on administrative services
Step 1
Concept
Administrative service is a final service provided by the government. Spending on it is included in government final consumption expenditure.
Step 2
Why this answer is correct
The correct answer is A. सरकार द्वारा प्रशासनिक सेवाओं पर खर्च / Government spending on administrative services. Administrative service is a final service provided by the government. Spending on it is included in government final consumption expenditure.
Step 3
Exam Tip
प्रशासनिक सेवा सरकार द्वारा दी जाने वाली अंतिम सेवा है। इस पर खर्च सरकारी अंतिम उपभोग व्यय में आता है।
A. आयात विदेशी उत्पादन का मूल्य दर्शाते हैं/Imports represent value of foreign production
Step 1
Concept
Spending on imports is not counted in domestic production. Therefore imports are deducted while calculating domestic product.
Step 2
Why this answer is correct
The correct answer is A. आयात विदेशी उत्पादन का मूल्य दर्शाते हैं / Imports represent value of foreign production. Spending on imports is not counted in domestic production. Therefore imports are deducted while calculating domestic product.
Step 3
Exam Tip
आयात पर खर्च घरेलू उत्पादन में नहीं गिना जाता। इसलिए घरेलू उत्पाद निकालते समय आयात घटाए जाते हैं।
A. वे घरेलू उत्पादन पर विदेशियों का खर्च हैं/They are foreigners' spending on domestic production
Step 1
Concept
Exports show foreign demand for goods and services produced in the country. Therefore they are added to final expenditure.
Step 2
Why this answer is correct
The correct answer is A. वे घरेलू उत्पादन पर विदेशियों का खर्च हैं / They are foreigners' spending on domestic production. Exports show foreign demand for goods and services produced in the country. Therefore they are added to final expenditure.
Step 3
Exam Tip
निर्यात देश में उत्पादित वस्तुओं और सेवाओं पर विदेशी मांग दिखाते हैं। इसलिए उन्हें अंतिम व्यय में जोड़ा जाता है।
A. दोहरी गणना से बचने के लिए/To 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 होता है। उन्हें अलग से जोड़ने पर दोहरी गणना हो जाती है।
A. निजी अंतिम उपभोग व्यय/Private final consumption expenditure
Step 1
Concept
Education service is taken by a household for final consumption. 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. Education service is taken by a household for final consumption. Therefore it comes under private final consumption expenditure.
Step 3
Exam Tip
शिक्षा सेवा परिवार द्वारा अंतिम उपभोग के लिए ली जाती है। इसलिए यह निजी अंतिम उपभोग व्यय में आती है।
