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Economics Methods of calculating national income - Income Method MCQ Questions for Class 12 Humanities

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Methods of calculating national income - Income Method Practice Questions

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यदि \(GDP_{MP}=5000\), मूल्यह्रास (=400), (NIT=600), और (NFIA=100) है तो आय विधि से राष्ट्रीय आय कितनी होगी?

If \(GDP_{MP}=5000\), depreciation (=400), (NIT=600), and (NFIA=100), what will be national income by adjustment?

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Correct Answer

C. 4100

Step 1

Concept

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (5000-400-600+100=4100).

Step 2

Why this answer is correct

The correct answer is C. 4100. \(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\). Therefore (5000-400-600+100=4100).

Step 3

Exam Tip

\(NNP_{FC}=GDP_{MP}-Depreciation-NIT+NFIA\) है। इसलिए (5000-400-600+100=4100) होगा।

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आय विधि में किराया और रॉयल्टी को किस बड़े घटक में रखा जा सकता है?

In the income method rent and royalty can be placed under which broad component?

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Correct Answer

B. परिचालन अधिशेषOperating surplus

Step 1

Concept

Rent and royalty are property related incomes. They are generally placed under operating surplus.

Step 2

Why this answer is correct

The correct answer is B. परिचालन अधिशेष / Operating surplus. Rent and royalty are property related incomes. They are generally placed under operating surplus.

Step 3

Exam Tip

किराया और रॉयल्टी संपत्ति से जुड़ी आय हैं। इन्हें सामान्यतः परिचालन अधिशेष के अंतर्गत रखा जाता है।

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किस स्थिति में घर में किए गए स्वयं के घरेलू कार्य को राष्ट्रीय आय में शामिल नहीं किया जाता?

In which situation is own household work done at home not included in national income?

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Correct Answer

A. जब उसका बाजार लेन-देन और भुगतान नहीं होताWhen there is no market transaction and payment

Step 1

Concept

Own household work has no market payment and valuation is difficult. Therefore it is generally not added to national income.

Step 2

Why this answer is correct

The correct answer is A. जब उसका बाजार लेन-देन और भुगतान नहीं होता / When there is no market transaction and payment. Own household work has no market payment and valuation is difficult. Therefore it is generally not added to national income.

Step 3

Exam Tip

स्वयं के घरेलू कार्य का बाजार भुगतान नहीं होता और मूल्यांकन कठिन होता है। इसलिए इसे सामान्यतः राष्ट्रीय आय में नहीं जोड़ा जाता।

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आय विधि में अवितरित लाभ किसका भाग माना जा सकता है?

In the income method undistributed profit can be considered part of what?

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Correct Answer

A. उद्यमी या कंपनी लाभEntrepreneurial or company profit

Step 1

Concept

Undistributed profit is part of company’s total profit. Therefore it can come under profit in the income method.

Step 2

Why this answer is correct

The correct answer is A. उद्यमी या कंपनी लाभ / Entrepreneurial or company profit. Undistributed profit is part of company’s total profit. Therefore it can come under profit in the income method.

Step 3

Exam Tip

अवितरित लाभ कंपनी के कुल लाभ का हिस्सा है। इसलिए यह आय विधि में लाभ के अंतर्गत आ सकता है।

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यदि घरेलू आय (1800) और राष्ट्रीय आय (1750) है तो (NFIA) कितना है?

If domestic income is (1800) and national income is (1750), what is (NFIA)?

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Correct Answer

B. -50

Step 1

Concept

National income is (Domestic\ Income+NFIA). Therefore (NFIA=1750-1800=-50).

Step 2

Why this answer is correct

The correct answer is B. -50. National income is (Domestic\ Income+NFIA). Therefore (NFIA=1750-1800=-50).

Step 3

Exam Tip

राष्ट्रीय आय (Domestic\ Income+NFIA) है। इसलिए (NFIA=1750-1800=-50) होगा।

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आय विधि में लाभांश और अवितरित लाभ को जोड़ते समय कौन-सी सावधानी जरूरी है?

What precaution is necessary while adding dividends and undistributed profits in the income method?

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Correct Answer

A. दोनों को कंपनी लाभ के हिस्से मानकर दोहरी गणना से बचना चाहिएBoth should be treated as parts of company profit and double counting should be avoided

Step 1

Concept

Dividends and undistributed profits are related to distribution of company profit. They should not be counted twice while adding total profit.

Step 2

Why this answer is correct

The correct answer is A. दोनों को कंपनी लाभ के हिस्से मानकर दोहरी गणना से बचना चाहिए / Both should be treated as parts of company profit and double counting should be avoided. Dividends and undistributed profits are related to distribution of company profit. They should not be counted twice while adding total profit.

Step 3

Exam Tip

लाभांश और अवितरित लाभ कंपनी के लाभ के वितरण से जुड़े हैं। कुल लाभ जोड़ते समय इन्हें दो बार नहीं गिनना चाहिए।

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आय विधि में (NFIA) धनात्मक होने का क्या अर्थ है?

What does positive (NFIA) mean in the income method?

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Correct Answer

A. विदेश से प्राप्त कारक आय विदेश को दी गई कारक आय से अधिक हैFactor income received from abroad is greater than factor income paid abroad

Step 1

Concept

Positive (NFIA) shows that residents received net factor income from abroad. This can make national income higher than domestic income.

Step 2

Why this answer is correct

The correct answer is A. विदेश से प्राप्त कारक आय विदेश को दी गई कारक आय से अधिक है / Factor income received from abroad is greater than factor income paid abroad. Positive (NFIA) shows that residents received net factor income from abroad. This can make national income higher than domestic income.

Step 3

Exam Tip

धनात्मक (NFIA) बताता है कि निवासियों को विदेश से शुद्ध कारक आय प्राप्त हुई है। इससे राष्ट्रीय आय घरेलू आय से अधिक हो सकती है।

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आय विधि में (NFIA) ऋणात्मक होने पर राष्ट्रीय आय पर क्या प्रभाव पड़ेगा?

What will be the effect on national income when (NFIA) is negative in the income method?

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Correct Answer

A. राष्ट्रीय आय घरेलू आय से कम होगीNational income will be less than domestic income

Step 1

Concept

Adding negative (NFIA) means subtracting from domestic income. Therefore national income becomes less than domestic income.

Step 2

Why this answer is correct

The correct answer is A. राष्ट्रीय आय घरेलू आय से कम होगी / National income will be less than domestic income. Adding negative (NFIA) means subtracting from domestic income. Therefore national income becomes less than domestic income.

Step 3

Exam Tip

ऋणात्मक (NFIA) जोड़ने का अर्थ घरेलू आय से घटाना है। इसलिए राष्ट्रीय आय घरेलू आय से कम हो जाती है।

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आय विधि में किसे उत्पादक सेवा का प्रतिफल माना जाएगा?

Which will be treated as reward for productive service in the income method?

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Correct Answer

A. मजदूर को मिला वेतनWage received by worker

Step 1

Concept

A worker’s wage is received for labour service in production. Therefore it is factor income.

Step 2

Why this answer is correct

The correct answer is A. मजदूर को मिला वेतन / Wage received by worker. A worker’s wage is received for labour service in production. Therefore it is factor income.

Step 3

Exam Tip

मजदूर का वेतन उत्पादन में श्रम सेवा के बदले मिलता है। इसलिए यह कारक आय है।

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किस विकल्प में आय विधि की गलत मद शामिल है?

Which option includes a wrong item for the income method?

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Correct Answer

D. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure

Step 1

Concept

Private final consumption expenditure is a component of expenditure method. Income method adds components of factor income.

Step 2

Why this answer is correct

The correct answer is D. निजी अंतिम उपभोग व्यय / Private final consumption expenditure. Private final consumption expenditure is a component of expenditure method. Income method adds components of factor income.

Step 3

Exam Tip

निजी अंतिम उपभोग व्यय व्यय विधि का घटक है। आय विधि में कारक आय के घटक जोड़े जाते हैं।

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