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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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यदि परिवार ने वही सब्जियां घर में खाने के लिए खरीदीं तो उन्हें किस रूप में गिना जाएगा?

If a household buys the same vegetables for eating at home how will they be counted?

Explanation opens after your attempt
Correct Answer

A. अंतिम उपभोग वस्तुFinal consumption good

Step 1

Concept

A household buys the good for final use. Therefore vegetables will be final consumption goods.

Step 2

Why this answer is correct

The correct answer is A. अंतिम उपभोग वस्तु / Final consumption good. A household buys the good for final use. Therefore vegetables will be final consumption goods.

Step 3

Exam Tip

परिवार अंतिम उपयोग के लिए वस्तु खरीदता है। इसलिए सब्जियां अंतिम उपभोग वस्तु होंगी।

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यदि एक स्कूल ने बस खरीदी ताकि विद्यार्थियों को परिवहन सेवा दे सके तो बस को क्या माना जाएगा?

If a school buys a bus to provide transport service to students what will the bus be treated as?

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Correct Answer

B. पूंजी वस्तुCapital good

Step 1

Concept

The bus will be used for producing services over many years. Therefore it is a capital good or final investment good.

Step 2

Why this answer is correct

The correct answer is B. पूंजी वस्तु / Capital good. The bus will be used for producing services over many years. Therefore it is a capital good or final investment good.

Step 3

Exam Tip

बस कई वर्षों तक सेवा उत्पादन में उपयोग होगी। इसलिए यह पूंजी वस्तु या अंतिम निवेश वस्तु है।

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यदि उसी स्कूल ने डीजल खरीदा जो बस चलाने में उपयोग हुआ तो डीजल क्या है?

If the same school buys diesel used to run the bus what is diesel?

Explanation opens after your attempt
Correct Answer

C. मध्यवर्ती उपभोगIntermediate consumption

Step 1

Concept

Diesel is used up in producing the service. Therefore it is intermediate consumption.

Step 2

Why this answer is correct

The correct answer is C. मध्यवर्ती उपभोग / Intermediate consumption. Diesel is used up in producing the service. Therefore it is intermediate consumption.

Step 3

Exam Tip

डीजल सेवा उत्पादन में उपयोग होकर समाप्त होता है। इसलिए यह मध्यवर्ती उपभोग है।

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पुरानी इमारत की बिक्री का पूरा मूल्य राष्ट्रीय आय में क्यों नहीं जोड़ा जाता?

Why is the full value of sale of an old building not added to national income?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह वर्तमान वर्ष का नया उत्पादन नहीं हैBecause it is not new production of the current year

Step 1

Concept

The value of the old building was counted in its year of construction. In the current year only new brokerage service can be added.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान वर्ष का नया उत्पादन नहीं है / Because it is not new production of the current year. The value of the old building was counted in its year of construction. In the current year only new brokerage service can be added.

Step 3

Exam Tip

पुरानी इमारत का मूल्य उसके निर्माण वर्ष में गिना गया था। वर्तमान वर्ष में केवल नई दलाली सेवा जोड़ी जा सकती है।

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पुराने घर की बिक्री पर संपत्ति एजेंट की फीस को क्यों शामिल किया जा सकता है?

Why can property agents fee on sale of an old house be included?

Explanation opens after your attempt
Correct Answer

B. क्योंकि यह वर्तमान वर्ष की उत्पादक सेवा हैBecause it is a productive service of the current year

Step 1

Concept

The agents service is provided in the current year. Therefore the fee can be included as value of a new service.

Step 2

Why this answer is correct

The correct answer is B. क्योंकि यह वर्तमान वर्ष की उत्पादक सेवा है / Because it is a productive service of the current year. The agents service is provided in the current year. Therefore the fee can be included as value of a new service.

Step 3

Exam Tip

एजेंट की सेवा वर्तमान वर्ष में प्रदान की गई है। इसलिए फीस नई सेवा के मूल्य के रूप में शामिल हो सकती है।

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मूल्य वर्धित विधि में बांड की खरीद को शामिल न करने का सही कारण क्या है?

What is the correct reason for not including purchase of bonds in the value added method?

Explanation opens after your attempt
Correct Answer

A. यह वित्तीय दावा है नया उत्पादन नहींIt is a financial claim not new production

Step 1

Concept

Purchase of bonds changes ownership or a financial claim. It does not create current production of goods or services.

Step 2

Why this answer is correct

The correct answer is A. यह वित्तीय दावा है नया उत्पादन नहीं / It is a financial claim not new production. Purchase of bonds changes ownership or a financial claim. It does not create current production of goods or services.

Step 3

Exam Tip

बांड की खरीद स्वामित्व या वित्तीय दावा बदलती है। यह वर्तमान वस्तु या सेवा उत्पादन नहीं बनाती।

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यदि बैंक शेयर खरीदने पर ब्रोकरेज सेवा देता है तो कौन सा भाग शामिल हो सकता है?

If a bank provides brokerage service on purchase of shares which part can be included?

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Correct Answer

B. ब्रोकरेज सेवा शुल्कBrokerage service charge

Step 1

Concept

The value of shares is a financial transaction but brokerage service is current production. Therefore service charge can be included.

Step 2

Why this answer is correct

The correct answer is B. ब्रोकरेज सेवा शुल्क / Brokerage service charge. The value of shares is a financial transaction but brokerage service is current production. Therefore service charge can be included.

Step 3

Exam Tip

शेयर का मूल्य वित्तीय लेनदेन है पर ब्रोकरेज सेवा वर्तमान उत्पादन है। इसलिए सेवा शुल्क शामिल हो सकता है।

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सरकारी छात्रवृत्ति को उत्पादन विधि में सामान्यतः क्यों नहीं जोड़ा जाता?

Why is government scholarship generally not added in the product method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह वर्तमान उत्पादन के बदले कारक भुगतान नहीं हैBecause it is not factor payment for current production

Step 1

Concept

Scholarship is a transfer payment. It is not received in return for current productive service.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह वर्तमान उत्पादन के बदले कारक भुगतान नहीं है / Because it is not factor payment for current production. Scholarship is a transfer payment. It is not received in return for current productive service.

Step 3

Exam Tip

छात्रवृत्ति हस्तांतरण भुगतान है। यह वर्तमान उत्पादक सेवा के बदले नहीं मिलती।

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यदि किसी परिवार को उपहार में धन मिला तो उसे राष्ट्रीय आय में क्यों नहीं जोड़ा जाता?

If a household receives money as a gift why is it not added to national income?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह उत्पादन से उत्पन्न नई आय नहीं हैBecause it is not new income generated from production

Step 1

Concept

A gift is only a transfer of money. It does not create current production or value added.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह उत्पादन से उत्पन्न नई आय नहीं है / Because it is not new income generated from production. A gift is only a transfer of money. It does not create current production or value added.

Step 3

Exam Tip

उपहार केवल धन का हस्तांतरण है। इससे वर्तमान उत्पादन या मूल्य वर्धित पैदा नहीं होता।

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यदि मालिक अपने घर में रहता है तो अनुमानित किराया किस कारण से शामिल किया जा सकता है?

If an owner lives in his own house why can imputed rent be included?

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Correct Answer

A. घर आवास सेवा प्रदान करता हैThe house provides housing service

Step 1

Concept

An owner occupied house provides housing service to the owner. Estimated value of this service can be counted in national income.

Step 2

Why this answer is correct

The correct answer is A. घर आवास सेवा प्रदान करता है / The house provides housing service. An owner occupied house provides housing service to the owner. Estimated value of this service can be counted in national income.

Step 3

Exam Tip

स्वामित्व वाला घर मालिक को आवास सेवा देता है। इस सेवा का अनुमानित मूल्य राष्ट्रीय आय में लिया जा सकता है।

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