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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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पुरानी वस्तु की बिक्री में कौन सा भाग वर्तमान उत्पादन माना जा सकता है?

Which part can be treated as current production in the sale of an old good?

Explanation opens after your attempt
Correct Answer

B. दलाली या कमीशन सेवाBrokerage or commission service

Step 1

Concept

The value of the old good was already counted earlier. In the current year new service like brokerage can be included.

Step 2

Why this answer is correct

The correct answer is B. दलाली या कमीशन सेवा / Brokerage or commission service. The value of the old good was already counted earlier. In the current year new service like brokerage can be included.

Step 3

Exam Tip

पुरानी वस्तु का मूल्य पहले ही गिना गया था। वर्तमान वर्ष में दलाली जैसी नई सेवा शामिल की जा सकती है।

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मूल्य वर्धित विधि में वित्तीय संपत्ति की खरीद को क्यों शामिल नहीं किया जाता?

Why is purchase of a financial asset not included in the value added method?

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Correct Answer

A. क्योंकि यह नया उत्पादन नहीं हैBecause it is not new production

Step 1

Concept

Purchase of a financial asset is transfer of ownership. It does not create a new good or service.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह नया उत्पादन नहीं है / Because it is not new production. Purchase of a financial asset is transfer of ownership. It does not create a new good or service.

Step 3

Exam Tip

वित्तीय संपत्ति की खरीद स्वामित्व का हस्तांतरण है। इससे कोई नई वस्तु या सेवा पैदा नहीं होती।

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मूल्य वर्धित विधि में घरेलू उत्पाद का संबंध किससे है?

Domestic product in the value added method is related to what?

Explanation opens after your attempt
Correct Answer

A. घरेलू सीमा के भीतर उत्पादनProduction within domestic territory

Step 1

Concept

Domestic product is related to production within domestic territory. Value added of producing units is added in it.

Step 2

Why this answer is correct

The correct answer is A. घरेलू सीमा के भीतर उत्पादन / Production within domestic territory. Domestic product is related to production within domestic territory. Value added of producing units is added in it.

Step 3

Exam Tip

घरेलू उत्पाद घरेलू सीमा के भीतर हुए उत्पादन से जुड़ा होता है। इसमें उत्पादक इकाइयों का मूल्य वर्धित जोड़ा जाता है।

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राष्ट्रीय आय पाने के लिए घरेलू आय में कौन सा समायोजन किया जाता है?

Which adjustment is made in domestic income to obtain national income?

Explanation opens after your attempt
Correct Answer

A. विदेश से निवल कारक आय जोड़ी जाती हैNet factor income from abroad is added

Step 1

Concept

Net factor income from abroad is added to convert domestic income into national income. This is the main link between domestic and national.

Step 2

Why this answer is correct

The correct answer is A. विदेश से निवल कारक आय जोड़ी जाती है / Net factor income from abroad is added. Net factor income from abroad is added to convert domestic income into national income. This is the main link between domestic and national.

Step 3

Exam Tip

घरेलू आय को राष्ट्रीय आय में बदलने के लिए विदेश से निवल कारक आय जोड़ी जाती है। यह घरेलू और राष्ट्रीय की प्रमुख कड़ी है।

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यदि विदेश से निवल कारक आय ऋणात्मक हो तो राष्ट्रीय आय पर क्या प्रभाव होगा?

If net factor income from abroad is negative what will be the effect on national income?

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Correct Answer

B. राष्ट्रीय आय घरेलू आय से कम होगीNational income will be less than domestic income

Step 1

Concept

Negative net factor income from abroad acts like subtraction from domestic income. Therefore national income will be lower.

Step 2

Why this answer is correct

The correct answer is B. राष्ट्रीय आय घरेलू आय से कम होगी / National income will be less than domestic income. Negative net factor income from abroad acts like subtraction from domestic income. Therefore national income will be lower.

Step 3

Exam Tip

ऋणात्मक विदेश से निवल कारक आय घरेलू आय से घटाने जैसा प्रभाव देती है। इसलिए राष्ट्रीय आय कम होगी।

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यदि विदेश से निवल कारक आय धनात्मक हो तो राष्ट्रीय आय कैसी होगी?

If net factor income from abroad is positive how will national income be?

Explanation opens after your attempt
Correct Answer

A. घरेलू आय से अधिकMore than domestic income

Step 1

Concept

Positive net factor income from abroad is added to domestic income. Therefore national income will be greater than domestic income.

Step 2

Why this answer is correct

The correct answer is A. घरेलू आय से अधिक / More than domestic income. Positive net factor income from abroad is added to domestic income. Therefore national income will be greater than domestic income.

Step 3

Exam Tip

धनात्मक विदेश से निवल कारक आय घरेलू आय में जुड़ती है। इसलिए राष्ट्रीय आय घरेलू आय से अधिक होगी।

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यदि उत्पादन मूल्य (180) और मध्यवर्ती उपभोग (70) है तो मूल्य वर्धित कितना है?

If value of output is (180) and intermediate consumption is (70) what is value added?

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Correct Answer

B. (110)

Step 1

Concept

Value added is (180-70=110). Always subtract intermediate consumption from value of output.

Step 2

Why this answer is correct

The correct answer is B. (110). Value added is (180-70=110). Always subtract intermediate consumption from value of output.

Step 3

Exam Tip

मूल्य वर्धित (180-70=110) है। हमेशा उत्पादन मूल्य से मध्यवर्ती उपभोग घटाएं।

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यदि उत्पादन मूल्य (300) और मध्यवर्ती उपभोग (125) है तो सकल मूल्य वर्धित कितना होगा?

If value of output is (300) and intermediate consumption is (125) what will be gross value added?

Explanation opens after your attempt
Correct Answer

C. (175)

Step 1

Concept

Gross value added is (300-125=175). Subtracting intermediate consumption avoids double counting.

Step 2

Why this answer is correct

The correct answer is C. (175). Gross value added is (300-125=175). Subtracting intermediate consumption avoids double counting.

Step 3

Exam Tip

सकल मूल्य वर्धित (300-125=175) है। मध्यवर्ती उपभोग घटाने से दोहरी गणना नहीं होती।

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यदि सकल मूल्य वर्धित (240) और मूल्यह्रास (35) है तो निवल मूल्य वर्धित कितना होगा?

If gross value added is (240) and depreciation is (35) what will be net value added?

Explanation opens after your attempt
Correct Answer

D. (205)

Step 1

Concept

Net value added is (240-35=205). Depreciation is subtracted to convert gross into net.

Step 2

Why this answer is correct

The correct answer is D. (205). Net value added is (240-35=205). Depreciation is subtracted to convert gross into net.

Step 3

Exam Tip

निवल मूल्य वर्धित (240-35=205) है। सकल से निवल बनाने में मूल्यह्रास घटाया जाता है।

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यदि अप्रत्यक्ष कर (45) और सब्सिडी (15) है तो निवल अप्रत्यक्ष कर कितना होगा?

If indirect tax is (45) and subsidy is (15) what will be net indirect tax?

Explanation opens after your attempt
Correct Answer

A. (30)

Step 1

Concept

Net indirect tax is (45-15=30). Subsidy is subtracted from indirect tax.

Step 2

Why this answer is correct

The correct answer is A. (30). Net indirect tax is (45-15=30). Subsidy is subtracted from indirect tax.

Step 3

Exam Tip

निवल अप्रत्यक्ष कर (45-15=30) है। सब्सिडी को अप्रत्यक्ष कर से घटाया जाता है।

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