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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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निवल मूल्य वर्धित प्राप्त करने के लिए सकल मूल्य वर्धित से क्या घटाया जाता है?

What is subtracted from gross value added to get net value added?

Explanation opens after your attempt
Correct Answer

C. मूल्यह्रासDepreciation

Step 1

Concept

Depreciation is deducted to get net value added. In exams remember that gross becomes net after subtracting capital consumption.

Step 2

Why this answer is correct

The correct answer is C. मूल्यह्रास / Depreciation. Depreciation is deducted to get net value added. In exams remember that gross becomes net after subtracting capital consumption.

Step 3

Exam Tip

निवल मूल्य वर्धित में मूल्यह्रास घटाया जाता है। परीक्षा में सकल से निवल बनाने के लिए पूंजी घिसावट घटाना याद रखें।

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बाजार मूल्य से कारक लागत पर जाने के लिए क्या समायोजन किया जाता है?

What adjustment is made to move from market price to factor cost?

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Correct Answer

D. निवल अप्रत्यक्ष कर घटाए जाते हैंNet indirect taxes are subtracted

Step 1

Concept

Market price includes net indirect taxes. To get factor cost they are subtracted.

Step 2

Why this answer is correct

The correct answer is D. निवल अप्रत्यक्ष कर घटाए जाते हैं / Net indirect taxes are subtracted. Market price includes net indirect taxes. To get factor cost they are subtracted.

Step 3

Exam Tip

बाजार मूल्य में निवल अप्रत्यक्ष कर शामिल होते हैं। कारक लागत पाने के लिए उन्हें घटाया जाता है।

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निवल अप्रत्यक्ष कर किसके बराबर होते हैं?

Net indirect taxes are equal to what?

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Correct Answer

A. अप्रत्यक्ष कर घटा सब्सिडीIndirect taxes minus subsidies

Step 1

Concept

Net indirect taxes are obtained by subtracting subsidies from indirect taxes. This explains the difference between market price and factor cost.

Step 2

Why this answer is correct

The correct answer is A. अप्रत्यक्ष कर घटा सब्सिडी / Indirect taxes minus subsidies. Net indirect taxes are obtained by subtracting subsidies from indirect taxes. This explains the difference between market price and factor cost.

Step 3

Exam Tip

निवल अप्रत्यक्ष कर में अप्रत्यक्ष करों से सब्सिडी घटाई जाती है। यह बाजार मूल्य और कारक लागत के बीच अंतर समझाता है।

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उत्पादन विधि में घरेलू आय प्राप्त करने के लिए किन इकाइयों का मूल्य वर्धित जोड़ा जाता है?

Whose value added is added to obtain domestic income in the product method?

Explanation opens after your attempt
Correct Answer

B. सभी निवासी उत्पादक इकाइयों काAll resident producing units

Step 1

Concept

Domestic income is obtained from value added of producing units within the domestic territory. The contribution of resident producing units is added.

Step 2

Why this answer is correct

The correct answer is B. सभी निवासी उत्पादक इकाइयों का / All resident producing units. Domestic income is obtained from value added of producing units within the domestic territory. The contribution of resident producing units is added.

Step 3

Exam Tip

घरेलू आय देश की घरेलू सीमा के भीतर उत्पादक इकाइयों के मूल्य वर्धित से मिलती है। निवासी उत्पादक इकाइयों का योगदान जोड़ा जाता है।

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घरेलू उत्पाद से राष्ट्रीय उत्पाद प्राप्त करने के लिए क्या जोड़ा जाता है?

What is added to domestic product to get national product?

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Correct Answer

C. विदेश से निवल कारक आयNet factor income from abroad

Step 1

Concept

To get national product net factor income from abroad is added to domestic product. Link this with the difference between domestic and national.

Step 2

Why this answer is correct

The correct answer is C. विदेश से निवल कारक आय / Net factor income from abroad. To get national product net factor income from abroad is added to domestic product. Link this with the difference between domestic and national.

Step 3

Exam Tip

राष्ट्रीय उत्पाद पाने के लिए घरेलू उत्पाद में विदेश से निवल कारक आय जोड़ी जाती है। इसे घरेलू और राष्ट्रीय के अंतर से जोड़ें।

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उत्पादन मूल्य में क्या शामिल होता है?

What is included in value of output?

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Correct Answer

D. बिक्री और स्टॉक परिवर्तन का मूल्यSales and value of change in stock

Step 1

Concept

Value of output may include sales and value of change in stock. In simple questions treat it as total value of production.

Step 2

Why this answer is correct

The correct answer is D. बिक्री और स्टॉक परिवर्तन का मूल्य / Sales and value of change in stock. Value of output may include sales and value of change in stock. In simple questions treat it as total value of production.

Step 3

Exam Tip

उत्पादन मूल्य में बिक्री और स्टॉक में परिवर्तन का मूल्य शामिल किया जा सकता है। सरल प्रश्नों में इसे कुल उत्पादन मूल्य समझें।

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यदि उत्पादन मूल्य (100) और मध्यवर्ती उपभोग (40) है तो मूल्य वर्धित कितना होगा?

If value of output is (100) and intermediate consumption is (40) what will be value added?

Explanation opens after your attempt
Correct Answer

A. (60)

Step 1

Concept

Value added is obtained by subtracting intermediate consumption from value of output. Therefore (100-40=60).

Step 2

Why this answer is correct

The correct answer is A. (60). Value added is obtained by subtracting intermediate consumption from value of output. Therefore (100-40=60).

Step 3

Exam Tip

मूल्य वर्धित उत्पादन मूल्य में से मध्यवर्ती उपभोग घटाने पर मिलता है। इसलिए (100-40=60) होगा।

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यदि उत्पादन मूल्य (200) और मध्यवर्ती उपभोग (80) है तो सकल मूल्य वर्धित कितना होगा?

If value of output is (200) and intermediate consumption is (80) what is gross value added?

Explanation opens after your attempt
Correct Answer

B. (120)

Step 1

Concept

Gross value added is (200-80=120). Subtracting intermediate consumption avoids double counting.

Step 2

Why this answer is correct

The correct answer is B. (120). Gross value added is (200-80=120). Subtracting intermediate consumption avoids double counting.

Step 3

Exam Tip

सकल मूल्य वर्धित (200-80=120) है। मध्यवर्ती उपभोग को घटाना दोहरी गणना से बचाता है।

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यदि सकल मूल्य वर्धित (150) और मूल्यह्रास (20) है तो निवल मूल्य वर्धित कितना होगा?

If gross value added is (150) and depreciation is (20) what is net value added?

Explanation opens after your attempt
Correct Answer

C. (130)

Step 1

Concept

Net value added is obtained by subtracting depreciation from gross value added. Therefore (150-20=130).

Step 2

Why this answer is correct

The correct answer is C. (130). Net value added is obtained by subtracting depreciation from gross value added. Therefore (150-20=130).

Step 3

Exam Tip

निवल मूल्य वर्धित सकल मूल्य वर्धित में से मूल्यह्रास घटाकर मिलता है। इसलिए (150-20=130) होगा।

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यदि अप्रत्यक्ष कर (30) और सब्सिडी (10) है तो निवल अप्रत्यक्ष कर कितना होगा?

If indirect tax is (30) and subsidy is (10) what will be net indirect tax?

Explanation opens after your attempt
Correct Answer

D. (20)

Step 1

Concept

Net indirect tax is obtained by subtracting subsidy from indirect tax. Therefore (30-10=20).

Step 2

Why this answer is correct

The correct answer is D. (20). Net indirect tax is obtained by subtracting subsidy from indirect tax. Therefore (30-10=20).

Step 3

Exam Tip

निवल अप्रत्यक्ष कर अप्रत्यक्ष कर में से सब्सिडी घटाकर मिलता है। इसलिए (30-10=20) होगा।

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