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

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

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सरकारी अस्पताल में डॉक्टर की वेतनभोगी सेवा को क्यों शामिल किया जा सकता है?

Why can the salaried service of a doctor in a government hospital be included?

Explanation opens after your attempt
Correct Answer

B. क्योंकि यह भुगतान की गई उत्पादक सेवा हैBecause it is a paid productive service

Step 1

Concept

Salaried doctor service is a current productive service. Its value is included in national income.

Step 2

Why this answer is correct

The correct answer is B. क्योंकि यह भुगतान की गई उत्पादक सेवा है / Because it is a paid productive service. Salaried doctor service is a current productive service. Its value is included in national income.

Step 3

Exam Tip

वेतनभोगी डॉक्टर सेवा वर्तमान उत्पादक सेवा है। इसका मूल्य राष्ट्रीय आय में शामिल किया जाता है।

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सरकारी पेंशन को उत्पादन विधि में क्यों नहीं जोड़ा जाता?

Why is government pension not added in the product method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह वर्तमान उत्पादन के बदले नहीं मिलतीBecause it is not received for current production

Step 1

Concept

Pension is transfer income and is not received for current productive service. Therefore it is not added in the product method.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान उत्पादन के बदले नहीं मिलती / Because it is not received for current production. Pension is transfer income and is not received for current productive service. Therefore it is not added in the product method.

Step 3

Exam Tip

पेंशन हस्तांतरण आय है और वर्तमान उत्पादक सेवा के बदले नहीं मिलती। इसलिए इसे उत्पादन विधि में नहीं जोड़ा जाता।

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लॉटरी पुरस्कार को राष्ट्रीय आय में क्यों नहीं जोड़ा जाता?

Why is lottery prize not added to national income?

Explanation opens after your attempt
Correct Answer

C. क्योंकि यह उत्पादन से अर्जित कारक आय नहीं हैBecause it is not factor income earned from production

Step 1

Concept

Lottery prize is not received in return for productive service. It is treated like a transfer.

Step 2

Why this answer is correct

The correct answer is C. क्योंकि यह उत्पादन से अर्जित कारक आय नहीं है / Because it is not factor income earned from production. Lottery prize is not received in return for productive service. It is treated like a transfer.

Step 3

Exam Tip

लॉटरी पुरस्कार उत्पादन सेवा के बदले नहीं मिलता। इसे हस्तांतरण जैसा माना जाता है।

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उत्पादन विधि में अवैध उत्पादन को सामान्यतः शामिल न करने का मुख्य कारण क्या है?

What is the main reason for generally excluding illegal production in the product method?

Explanation opens after your attempt
Correct Answer

D. यह आधिकारिक रूप से दर्ज और मान्य नहीं होताIt is not officially recorded and recognised

Step 1

Concept

Illegal production is generally not included in reliable official data. In exams focus on legal recorded production.

Step 2

Why this answer is correct

The correct answer is D. यह आधिकारिक रूप से दर्ज और मान्य नहीं होता / It is not officially recorded and recognised. Illegal production is generally not included in reliable official data. In exams focus on legal recorded production.

Step 3

Exam Tip

अवैध उत्पादन विश्वसनीय और आधिकारिक आंकड़ों में सामान्यतः शामिल नहीं होता। परीक्षा में वैध दर्ज उत्पादन पर ध्यान दें।

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यदि कारखाने ने कच्चा माल (300) में खरीदा और तैयार वस्तु (700) में बेची तो मूल्य वर्धित कितना है?

If a factory buys raw material for (300) and sells finished goods for (700) what is value added?

Explanation opens after your attempt
Correct Answer

A. (400)

Step 1

Concept

Raw material is intermediate consumption. Therefore value added will be (700-300=400).

Step 2

Why this answer is correct

The correct answer is A. (400). Raw material is intermediate consumption. Therefore value added will be (700-300=400).

Step 3

Exam Tip

कच्चा माल मध्यवर्ती उपभोग है। इसलिए मूल्य वर्धित (700-300=400) होगा।

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यदि दर्जी कपड़ा (250) में खरीदकर कोट (600) में बेचता है तो दर्जी का मूल्य वर्धित कितना होगा?

If a tailor buys cloth for (250) and sells a coat for (600) what will be the tailors value added?

Explanation opens after your attempt
Correct Answer

B. (350)

Step 1

Concept

For the tailor cloth is intermediate consumption. Therefore value added will be (600-250=350).

Step 2

Why this answer is correct

The correct answer is B. (350). For the tailor cloth is intermediate consumption. Therefore value added will be (600-250=350).

Step 3

Exam Tip

दर्जी के लिए कपड़ा मध्यवर्ती उपभोग है। इसलिए मूल्य वर्धित (600-250=350) होगा।

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यदि होटल ने सामग्री (200) में खरीदी और भोजन सेवा (500) में बेची तो होटल का मूल्य वर्धित कितना है?

If a hotel buys materials for (200) and sells food service for (500) what is the hotels value added?

Explanation opens after your attempt
Correct Answer

C. (300)

Step 1

Concept

The hotels materials are intermediate consumption. Therefore value added will be (500-200=300).

Step 2

Why this answer is correct

The correct answer is C. (300). The hotels materials are intermediate consumption. Therefore value added will be (500-200=300).

Step 3

Exam Tip

होटल की सामग्री मध्यवर्ती उपभोग है। इसलिए मूल्य वर्धित (500-200=300) होगा।

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यदि एक इकाई की बिक्री (800), स्टॉक में वृद्धि (50) और मध्यवर्ती उपभोग (300) है तो सकल मूल्य वर्धित क्या होगा?

If a units sales are (800), increase in stock is (50) and intermediate consumption is (300), what will be gross value added?

Explanation opens after your attempt
Correct Answer

B. (550)

Step 1

Concept

First value of output is (800+50=850). Then gross value added will be (850-300=550).

Step 2

Why this answer is correct

The correct answer is B. (550). First value of output is (800+50=850). Then gross value added will be (850-300=550).

Step 3

Exam Tip

पहले उत्पादन मूल्य (800+50=850) है। फिर सकल मूल्य वर्धित (850-300=550) होगा।

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यदि एक इकाई की बिक्री (900), स्टॉक में कमी (70) और मध्यवर्ती उपभोग (400) है तो मूल्य वर्धित कितना होगा?

If a units sales are (900), decrease in stock is (70) and intermediate consumption is (400), what will be value added?

Explanation opens after your attempt
Correct Answer

C. (430)

Step 1

Concept

Value of output is (900-70=830). Value added will be (830-400=430).

Step 2

Why this answer is correct

The correct answer is C. (430). Value of output is (900-70=830). Value added will be (830-400=430).

Step 3

Exam Tip

उत्पादन मूल्य (900-70=830) है। मूल्य वर्धित (830-400=430) होगा।

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यदि सकल मूल्य वर्धित (1200), मूल्यह्रास (150), अप्रत्यक्ष कर (100) और सब्सिडी (40) है तो कारक लागत पर निवल मूल्य वर्धित कितना होगा?

If gross value added is (1200), depreciation is (150), indirect tax is (100) and subsidy is (40), what is net value added at factor cost?

Explanation opens after your attempt
Correct Answer

C. (990)

Step 1

Concept

First net value added is (1200-150=1050) and net indirect tax is (100-40=60). At factor cost it will be (1050-60=990).

Step 2

Why this answer is correct

The correct answer is C. (990). First net value added is (1200-150=1050) and net indirect tax is (100-40=60). At factor cost it will be (1050-60=990).

Step 3

Exam Tip

पहले निवल मूल्य वर्धित (1200-150=1050) है और निवल अप्रत्यक्ष कर (100-40=60) है। कारक लागत पर (1050-60=990) होगा।

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