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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 (300) और निवल अप्रत्यक्ष कर (40) है तो कारक लागत पर निवल मूल्य वर्धित कितना होगा?

If net value added at market price is (300) and net indirect tax is (40) what is net value added at factor cost?

Explanation opens after your attempt
Correct Answer

B. (260)

Step 1

Concept

To get value at factor cost calculate (300-40=260). Net indirect tax is subtracted from market price.

Step 2

Why this answer is correct

The correct answer is B. (260). To get value at factor cost calculate (300-40=260). Net indirect tax is subtracted from market price.

Step 3

Exam Tip

कारक लागत पर मूल्य पाने के लिए (300-40=260) करेंगे। बाजार मूल्य से निवल अप्रत्यक्ष कर घटता है।

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यदि घरेलू उत्पाद (700) और विदेश से निवल कारक आय (50) है तो राष्ट्रीय उत्पाद कितना होगा?

If domestic product is (700) and net factor income from abroad is (50) what will be national product?

Explanation opens after your attempt
Correct Answer

C. (750)

Step 1

Concept

National product is (700+50=750). Positive net factor income from abroad is added to domestic product.

Step 2

Why this answer is correct

The correct answer is C. (750). National product is (700+50=750). Positive net factor income from abroad is added to domestic product.

Step 3

Exam Tip

राष्ट्रीय उत्पाद (700+50=750) है। विदेश से निवल कारक आय धनात्मक हो तो घरेलू उत्पाद में जोड़ी जाती है।

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यदि घरेलू उत्पाद (900) और विदेश से निवल कारक आय (-40) है तो राष्ट्रीय उत्पाद कितना होगा?

If domestic product is (900) and net factor income from abroad is (-40) what will be national product?

Explanation opens after your attempt
Correct Answer

D. (860)

Step 1

Concept

Net factor income from abroad is negative so (900-40=860). Adding a negative value acts like subtraction.

Step 2

Why this answer is correct

The correct answer is D. (860). Net factor income from abroad is negative so (900-40=860). Adding a negative value acts like subtraction.

Step 3

Exam Tip

विदेश से निवल कारक आय ऋणात्मक है इसलिए (900-40=860) होगा। ऋणात्मक मान जोड़ने पर घटाने जैसा प्रभाव होता है।

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किसान द्वारा उगाया गेहूं घर में खाने के लिए रखा गया तो वह कब शामिल हो सकता है?

If a farmer keeps produced wheat for home consumption when can it be included?

Explanation opens after your attempt
Correct Answer

A. जब उसका अनुमानित बाजार मूल्य लगाया जा सकेWhen its estimated market value can be assigned

Step 1

Concept

If market value of self consumed output can be estimated it can be included. It is part of economic production.

Step 2

Why this answer is correct

The correct answer is A. जब उसका अनुमानित बाजार मूल्य लगाया जा सके / When its estimated market value can be assigned. If market value of self consumed output can be estimated it can be included. It is part of economic production.

Step 3

Exam Tip

स्वउपभोग उत्पादन का अनुमानित बाजार मूल्य लगाया जा सके तो उसे शामिल किया जा सकता है। यह आर्थिक उत्पादन का भाग है।

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अवैतनिक घरेलू कार्य को सामान्यतः राष्ट्रीय आय में क्यों नहीं जोड़ा जाता?

Why is unpaid household work generally not added to national income?

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Correct Answer

A. क्योंकि उसका बाजार लेनदेन नहीं होताBecause it has no market transaction

Step 1

Concept

Unpaid household work has no recorded market value. Therefore it is generally not included in national income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि उसका बाजार लेनदेन नहीं होता / Because it has no market transaction. Unpaid household work has no recorded market value. Therefore it is generally not included in national income.

Step 3

Exam Tip

अवैतनिक घरेलू कार्य का बाजार मूल्य दर्ज नहीं होता। इसलिए इसे सामान्यतः राष्ट्रीय आय में शामिल नहीं किया जाता।

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भुगतान की गई डॉक्टर सेवा उत्पादन विधि में क्यों शामिल होती है?

Why is paid doctor service included in the product method?

Explanation opens after your attempt
Correct Answer

A. क्योंकि यह उत्पादक सेवा हैBecause it is a productive service

Step 1

Concept

Paid doctor service is a current productive service. Therefore its value can be included in national income.

Step 2

Why this answer is correct

The correct answer is A. क्योंकि यह उत्पादक सेवा है / Because it is a productive service. Paid doctor service is a current productive service. Therefore its value can be included in national income.

Step 3

Exam Tip

भुगतान की गई डॉक्टर सेवा वर्तमान उत्पादक सेवा है। इसलिए इसका मूल्य राष्ट्रीय आय में शामिल किया जा सकता है।

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एक स्कूल द्वारा खरीदी गई चॉक स्कूल के लिए किस प्रकार की वस्तु है?

Chalk bought by a school is what type of good for the school?

Explanation opens after your attempt
Correct Answer

B. मध्यवर्ती वस्तुIntermediate good

Step 1

Concept

The school uses chalk to provide education service. Therefore it is an intermediate good for the school.

Step 2

Why this answer is correct

The correct answer is B. मध्यवर्ती वस्तु / Intermediate good. The school uses chalk to provide education service. Therefore it is an intermediate good for the school.

Step 3

Exam Tip

स्कूल चॉक का उपयोग शिक्षा सेवा देने में करता है। इसलिए यह स्कूल के लिए मध्यवर्ती वस्तु है।

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एक छात्र द्वारा घर में उपयोग के लिए खरीदी गई कॉपी किस प्रकार की वस्तु है?

A notebook bought by a student for home use is what type of good?

Explanation opens after your attempt
Correct Answer

C. अंतिम उपभोग वस्तुFinal consumption good

Step 1

Concept

A notebook bought by a student for final use is a final consumption good. Its value can be counted as a final good.

Step 2

Why this answer is correct

The correct answer is C. अंतिम उपभोग वस्तु / Final consumption good. A notebook bought by a student for final use is a final consumption good. Its value can be counted as a final good.

Step 3

Exam Tip

घर या छात्र द्वारा अंतिम उपयोग के लिए खरीदी गई कॉपी अंतिम उपभोग वस्तु है। इसका मूल्य अंतिम वस्तु के रूप में गिना जा सकता है।

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कारखाने द्वारा खरीदा गया कोयला उत्पादन में ईंधन के रूप में इस्तेमाल हो तो वह क्या है?

If coal bought by a factory is used as fuel in production what is it?

Explanation opens after your attempt
Correct Answer

B. मध्यवर्ती उपभोगIntermediate consumption

Step 1

Concept

Coal is used up in the production process. Therefore it is part of intermediate consumption.

Step 2

Why this answer is correct

The correct answer is B. मध्यवर्ती उपभोग / Intermediate consumption. Coal is used up in the production process. Therefore it is part of intermediate consumption.

Step 3

Exam Tip

कोयला उत्पादन प्रक्रिया में उपयोग होकर समाप्त हो जाता है। इसलिए यह मध्यवर्ती उपभोग का भाग है।

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कारखाने द्वारा खरीदी गई नई मशीन को अंतिम वस्तु क्यों माना जा सकता है?

Why can a new machine bought by a factory be treated as a final good?

Explanation opens after your attempt
Correct Answer

B. क्योंकि यह पूंजी निर्माण के लिए खरीदी जाती हैBecause it is bought for capital formation

Step 1

Concept

A new machine is part of capital formation and is used for many years in production. Therefore it is treated as a final investment good.

Step 2

Why this answer is correct

The correct answer is B. क्योंकि यह पूंजी निर्माण के लिए खरीदी जाती है / Because it is bought for capital formation. A new machine is part of capital formation and is used for many years in production. Therefore it is treated as a final investment good.

Step 3

Exam Tip

नई मशीन पूंजी निर्माण का भाग है और कई वर्षों तक उत्पादन में उपयोग होती है। इसलिए इसे अंतिम निवेश वस्तु माना जाता है।

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