Topic Wise MCQ

Economics Methods of calculating national income - Value Added/Product Method MCQ Questions for Class 12 Humanities

Practice focused topic-wise MCQs with answers and explanations for quick revision and exam preparation.

Share

Start Methods of calculating national income - Value Added/Product Method Topic Quiz

Difficulty select karke sirf is topic ke focused MCQs practice karein. Score, timer aur explanations student-friendly flow me milenge.

Topic Navigation

Continue Chapter Revision

Methods of calculating national income - Value Added/Product Method Practice Questions

Showing 1-10 of 400 questions.

Search

मूल्य वर्धित विधि का मुख्य उद्देश्य क्या है?

What is the main purpose of the value added method?

Explanation opens after your attempt
Correct Answer

A. उत्पादन के प्रत्येक चरण में जोड़ा गया मूल्य मापनाMeasuring value added at each stage of production

Step 1

Concept

The value added method adds value added by each producing unit. In exams remember it as another name of the product method.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन के प्रत्येक चरण में जोड़ा गया मूल्य मापना / Measuring value added at each stage of production. The value added method adds value added by each producing unit. In exams remember it as another name of the product method.

Step 3

Exam Tip

मूल्य वर्धित विधि हर उत्पादक इकाई द्वारा जोड़े गए मूल्य को जोड़ती है। परीक्षा में इसे उत्पाद विधि का दूसरा नाम याद रखें।

Open Question Page
Ask Friends

उत्पादन विधि में राष्ट्रीय आय की गणना किस आधार पर की जाती है?

On what basis is national income calculated in the product method?

Explanation opens after your attempt
Correct Answer

B. अर्थव्यवस्था में उत्पादित अंतिम वस्तुओं और सेवाओं के मूल्यValue of final goods and services produced in the economy

Step 1

Concept

The product method is based on final output or value added. Avoiding double counting is necessary in this method.

Step 2

Why this answer is correct

The correct answer is B. अर्थव्यवस्था में उत्पादित अंतिम वस्तुओं और सेवाओं के मूल्य / Value of final goods and services produced in the economy. The product method is based on final output or value added. Avoiding double counting is necessary in this method.

Step 3

Exam Tip

उत्पादन विधि अंतिम उत्पादन या जोड़े गए मूल्य पर आधारित होती है। इसमें दोहरी गणना से बचना जरूरी है।

Open Question Page
Ask Friends

मूल्य वर्धित किसे कहते हैं?

What is value added?

Explanation opens after your attempt
Correct Answer

C. उत्पादन मूल्य में मध्यवर्ती उपभोग घटाने पर बचा मूल्यValue left after subtracting intermediate consumption from value of output

Step 1

Concept

Value added is the new value created in production. The simple formula is value of output minus intermediate consumption.

Step 2

Why this answer is correct

The correct answer is C. उत्पादन मूल्य में मध्यवर्ती उपभोग घटाने पर बचा मूल्य / Value left after subtracting intermediate consumption from value of output. Value added is the new value created in production. The simple formula is value of output minus intermediate consumption.

Step 3

Exam Tip

मूल्य वर्धित उत्पादन प्रक्रिया में नया जोड़ा गया मूल्य है। सरल सूत्र है उत्पादन मूल्य में से मध्यवर्ती उपभोग घटाना।

Open Question Page
Ask Friends

मध्यवर्ती उपभोग का अर्थ क्या है?

What is meant by intermediate consumption?

Explanation opens after your attempt
Correct Answer

D. उत्पादन में उपयोग की गई कच्ची सामग्री और सेवाओं का मूल्यValue of raw materials and services used in production

Step 1

Concept

Intermediate consumption includes goods and services used further in production. Adding it separately can cause double counting.

Step 2

Why this answer is correct

The correct answer is D. उत्पादन में उपयोग की गई कच्ची सामग्री और सेवाओं का मूल्य / Value of raw materials and services used in production. Intermediate consumption includes goods and services used further in production. Adding it separately can cause double counting.

Step 3

Exam Tip

मध्यवर्ती उपभोग वे वस्तुएं और सेवाएं हैं जो आगे उत्पादन में लगती हैं। इन्हें अलग से जोड़ने पर दोहरी गणना हो सकती है।

Open Question Page
Ask Friends

दोहरी गणना से बचने के लिए किसका मूल्य जोड़ा जाता है?

Whose value is added to avoid double counting?

Explanation opens after your attempt
Correct Answer

A. केवल अंतिम वस्तुओं का मूल्यValue of final goods only

Step 1

Concept

To avoid double counting final goods or value added are counted. Intermediate goods are not counted separately.

Step 2

Why this answer is correct

The correct answer is A. केवल अंतिम वस्तुओं का मूल्य / Value of final goods only. To avoid double counting final goods or value added are counted. Intermediate goods are not counted separately.

Step 3

Exam Tip

दोहरी गणना से बचने के लिए अंतिम वस्तुओं या मूल्य वर्धित को जोड़ा जाता है। मध्यवर्ती वस्तुओं को अलग से नहीं जोड़ा जाता।

Open Question Page
Ask Friends

अंतिम वस्तु कौन सी होती है?

Which is a final good?

Explanation opens after your attempt
Correct Answer

B. वह वस्तु जो अंतिम उपभोग या निवेश के लिए खरीदी जाएA good bought for final consumption or investment

Step 1

Concept

A final good is not used further in production but is bought for final use. It is included in national income.

Step 2

Why this answer is correct

The correct answer is B. वह वस्तु जो अंतिम उपभोग या निवेश के लिए खरीदी जाए / A good bought for final consumption or investment. A final good is not used further in production but is bought for final use. It is included in national income.

Step 3

Exam Tip

अंतिम वस्तु आगे उत्पादन में नहीं जाती बल्कि अंतिम उपयोग के लिए ली जाती है। राष्ट्रीय आय में इन्हें शामिल किया जाता है।

Open Question Page
Ask Friends

मध्यवर्ती वस्तु कौन सी होती है?

Which is an intermediate good?

Explanation opens after your attempt
Correct Answer

C. उत्पादन में आगे उपयोग की जाने वाली वस्तुA good used further in production

Step 1

Concept

An intermediate good is used further in production. Its value is not added separately in national income.

Step 2

Why this answer is correct

The correct answer is C. उत्पादन में आगे उपयोग की जाने वाली वस्तु / A good used further in production. An intermediate good is used further in production. Its value is not added separately in national income.

Step 3

Exam Tip

मध्यवर्ती वस्तु आगे उत्पादन में प्रयुक्त होती है। राष्ट्रीय आय में इसका मूल्य अलग से नहीं जोड़ा जाता।

Open Question Page
Ask Friends

मूल्य वर्धित विधि में दोहरी गणना का मुख्य कारण क्या है?

What is the main cause of double counting in the value added method?

Explanation opens after your attempt
Correct Answer

D. मध्यवर्ती वस्तुओं को बार बार गिननाCounting intermediate goods again and again

Step 1

Concept

Intermediate goods are already included in the value of final goods. Adding them again is called double counting.

Step 2

Why this answer is correct

The correct answer is D. मध्यवर्ती वस्तुओं को बार बार गिनना / Counting intermediate goods again and again. Intermediate goods are already included in the value of final goods. Adding them again is called double counting.

Step 3

Exam Tip

मध्यवर्ती वस्तुएं अंतिम वस्तुओं के मूल्य में पहले से शामिल होती हैं। इन्हें फिर से जोड़ना दोहरी गणना कहलाता है।

Open Question Page
Ask Friends

सकल मूल्य वर्धित का सरल अर्थ क्या है?

What is the simple meaning of gross value added?

Explanation opens after your attempt
Correct Answer

A. उत्पादन मूल्य में से मध्यवर्ती उपभोग घटाने पर प्राप्त मूल्यValue obtained after subtracting intermediate consumption from value of output

Step 1

Concept

Gross value added is the gross new value created in production. Consumption of fixed capital is not yet deducted from it.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन मूल्य में से मध्यवर्ती उपभोग घटाने पर प्राप्त मूल्य / Value obtained after subtracting intermediate consumption from value of output. Gross value added is the gross new value created in production. Consumption of fixed capital is not yet deducted from it.

Step 3

Exam Tip

सकल मूल्य वर्धित उत्पादन में नया जोड़ा गया सकल मूल्य है। इसमें अभी स्थिर पूंजी उपभोग नहीं घटाया जाता।

Open Question Page
Ask Friends

स्थिर पूंजी उपभोग को सामान्य भाषा में क्या कहा जाता है?

What is consumption of fixed capital commonly called?

Explanation opens after your attempt
Correct Answer

B. मूल्यह्रासDepreciation

Step 1

Concept

Consumption of fixed capital is the value of wear and tear of machines and capital goods. It is also called depreciation.

Step 2

Why this answer is correct

The correct answer is B. मूल्यह्रास / Depreciation. Consumption of fixed capital is the value of wear and tear of machines and capital goods. It is also called depreciation.

Step 3

Exam Tip

स्थिर पूंजी उपभोग मशीनों और पूंजी वस्तुओं के घिसने का मूल्य है। इसे मूल्यह्रास भी कहा जाता है।

Open Question Page
Ask Friends
FAQs

Methods of calculating national income - Value Added/Product Method FAQs

How can I practice Methods of calculating national income - Value Added/Product Method MCQs?

Select Easy, Medium, Hard or Expert topic quiz on this page and answer topic-wise questions with explanations.

Are answers available for Methods of calculating national income - Value Added/Product Method questions?

Yes, questions include answer feedback and explanations for revision.

Is this topic useful for Class 12 Humanities exams?

Yes, this topic page is arranged for chapter-wise revision and exam practice.