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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 बाजार मूल्य पर निवल मूल्य वर्धित (100) और निवल अप्रत्यक्ष कर (15) है तो कारक लागत पर निवल मूल्य वर्धित कितना होगा?

If net value added at market price is (100) and net indirect tax is (15) what is net value added at factor cost?

Explanation opens after your attempt
Correct Answer

A. (85)

Step 1

Concept

To get factor cost net indirect tax is subtracted from market price. Therefore (100-15=85).

Step 2

Why this answer is correct

The correct answer is A. (85). To get factor cost net indirect tax is subtracted from market price. Therefore (100-15=85).

Step 3

Exam Tip

कारक लागत पाने के लिए बाजार मूल्य से निवल अप्रत्यक्ष कर घटाते हैं। इसलिए (100-15=85) होगा।

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यदि कारक लागत पर घरेलू उत्पाद (500) और विदेश से निवल कारक आय (20) है तो राष्ट्रीय आय कितनी होगी?

If domestic product at factor cost is (500) and net factor income from abroad is (20) what will be national income?

Explanation opens after your attempt
Correct Answer

B. (520)

Step 1

Concept

To get national income net factor income from abroad is added to domestic product. Therefore (500+20=520).

Step 2

Why this answer is correct

The correct answer is B. (520). To get national income net factor income from abroad is added to domestic product. Therefore (500+20=520).

Step 3

Exam Tip

राष्ट्रीय आय पाने के लिए घरेलू उत्पाद में विदेश से निवल कारक आय जोड़ी जाती है। इसलिए (500+20=520) होगा।

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यदि घरेलू उत्पाद (400) और विदेश से निवल कारक आय (-10) है तो राष्ट्रीय आय कितनी होगी?

If domestic product is (400) and net factor income from abroad is (-10) what will be national income?

Explanation opens after your attempt
Correct Answer

C. (390)

Step 1

Concept

If net factor income from abroad is negative it works like a subtraction. Therefore national income will be (400-10=390).

Step 2

Why this answer is correct

The correct answer is C. (390). If net factor income from abroad is negative it works like a subtraction. Therefore national income will be (400-10=390).

Step 3

Exam Tip

विदेश से निवल कारक आय ऋणात्मक है तो उसे घटाने जैसा प्रभाव होगा। इसलिए राष्ट्रीय आय (400-10=390) होगी।

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मूल्य वर्धित विधि में किन वस्तुओं का अलग से मूल्य नहीं जोड़ा जाता?

Which goods are not separately counted in the value added method?

Explanation opens after your attempt
Correct Answer

D. मध्यवर्ती वस्तुएंIntermediate goods

Step 1

Concept

Intermediate goods are included in the value of final output. Counting them separately causes double counting.

Step 2

Why this answer is correct

The correct answer is D. मध्यवर्ती वस्तुएं / Intermediate goods. Intermediate goods are included in the value of final output. Counting them separately causes double counting.

Step 3

Exam Tip

मध्यवर्ती वस्तुएं अंतिम उत्पादन के मूल्य में शामिल होती हैं। उन्हें अलग से जोड़ना दोहरी गणना करेगा।

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बेकरी द्वारा खरीदा गया आटा बेकरी के लिए किस प्रकार की वस्तु है?

Flour bought by a bakery is what type of good for the bakery?

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Correct Answer

A. मध्यवर्ती वस्तुIntermediate good

Step 1

Concept

The bakery uses flour to make bread or cakes further. Therefore it is an intermediate good for the bakery.

Step 2

Why this answer is correct

The correct answer is A. मध्यवर्ती वस्तु / Intermediate good. The bakery uses flour to make bread or cakes further. Therefore it is an intermediate good for the bakery.

Step 3

Exam Tip

बेकरी आटे का उपयोग आगे रोटी या केक बनाने में करती है। इसलिए यह बेकरी के लिए मध्यवर्ती वस्तु है।

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घर के उपभोग के लिए खरीदी गई रोटी किस प्रकार की वस्तु है?

Bread bought for household consumption is what type of good?

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Correct Answer

B. अंतिम वस्तुFinal good

Step 1

Concept

Bread bought by a household is for final consumption. Therefore it is treated as a final good.

Step 2

Why this answer is correct

The correct answer is B. अंतिम वस्तु / Final good. Bread bought by a household is for final consumption. Therefore it is treated as a final good.

Step 3

Exam Tip

घर द्वारा खरीदी गई रोटी अंतिम उपभोग के लिए होती है। इसलिए यह अंतिम वस्तु मानी जाती है।

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कारखाने द्वारा उत्पादन के लिए खरीदी गई मशीन सामान्यतः किस श्रेणी में आती है?

A machine bought by a factory for production usually belongs to which category?

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Correct Answer

C. पूंजी वस्तुCapital good

Step 1

Concept

A machine used for production for many years is a capital good. It can be treated as a final investment good.

Step 2

Why this answer is correct

The correct answer is C. पूंजी वस्तु / Capital good. A machine used for production for many years is a capital good. It can be treated as a final investment good.

Step 3

Exam Tip

उत्पादन में कई वर्षों तक उपयोग होने वाली मशीन पूंजी वस्तु है। इसे अंतिम निवेश वस्तु माना जा सकता है।

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किस विधि को मूल्य वर्धित विधि भी कहा जाता है?

Which method is also called the value added method?

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Correct Answer

D. उत्पादन विधिProduct method

Step 1

Concept

In the product method value added by producing units is added. Therefore it is also called the value added method.

Step 2

Why this answer is correct

The correct answer is D. उत्पादन विधि / Product method. In the product method value added by producing units is added. Therefore it is also called the value added method.

Step 3

Exam Tip

उत्पादन विधि में उत्पादक इकाइयों का मूल्य वर्धित जोड़ा जाता है। इसलिए इसे मूल्य वर्धित विधि भी कहते हैं।

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मूल्य वर्धित विधि में पहला सामान्य चरण क्या होता है?

What is the first common step in the value added method?

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Correct Answer

A. उत्पादक इकाइयों की पहचान करनाIdentifying producing units

Step 1

Concept

First producing units and sectors of the economy are identified. Then their value added is added.

Step 2

Why this answer is correct

The correct answer is A. उत्पादक इकाइयों की पहचान करना / Identifying producing units. First producing units and sectors of the economy are identified. Then their value added is added.

Step 3

Exam Tip

पहले अर्थव्यवस्था की उत्पादक इकाइयों और क्षेत्रों की पहचान की जाती है। फिर उनके मूल्य वर्धित का योग किया जाता है।

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मूल्य वर्धित विधि में अंतिम सामान्य चरण क्या होता है?

What is the final common step in the value added method?

Explanation opens after your attempt
Correct Answer

B. घरेलू आय को राष्ट्रीय आय में बदलने के लिए विदेश से निवल कारक आय जोड़नाAdding net factor income from abroad to convert domestic income into national income

Step 1

Concept

After domestic income is obtained net factor income from abroad is added to make it national income. This completes the difference between domestic and national.

Step 2

Why this answer is correct

The correct answer is B. घरेलू आय को राष्ट्रीय आय में बदलने के लिए विदेश से निवल कारक आय जोड़ना / Adding net factor income from abroad to convert domestic income into national income. After domestic income is obtained net factor income from abroad is added to make it national income. This completes the difference between domestic and national.

Step 3

Exam Tip

घरेलू आय मिलने के बाद उसे राष्ट्रीय आय बनाने के लिए विदेश से निवल कारक आय जोड़ी जाती है। यह घरेलू और राष्ट्रीय के अंतर को पूरा करता है।

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