Class 12 Economics - National Income and Related Aggregates - Real GDP and Nominal GDP Easy Quiz

Economics National Income and Related Aggregates Real GDP and Nominal GDP Easy Class 12 Level 34

Level 34 • 3/50 questions • 40 seconds per question.

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Question 1/3 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

बाजार मूल्य पर सकल घरेलू उत्पाद से साधन लागत पर सकल घरेलू उत्पाद पाने के लिए क्या घटाया जाता है?

What is subtracted from GDP at market price to obtain GDP at factor cost?

Explanation opens after your attempt
Correct Answer

B. शुद्ध अप्रत्यक्ष करNet indirect taxes

Step 1

Concept

Net indirect taxes are subtracted to move from market price to factor cost. This rule remains the same for gross or net aggregates.

Step 2

Why this answer is correct

The correct answer is B. शुद्ध अप्रत्यक्ष कर / Net indirect taxes. Net indirect taxes are subtracted to move from market price to factor cost. This rule remains the same for gross or net aggregates.

Step 3

Exam Tip

बाजार मूल्य से साधन लागत पर जाने के लिए शुद्ध अप्रत्यक्ष कर घटाया जाता है। सकल या शुद्ध होने से यह नियम नहीं बदलता।

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Question 2/3 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

यदि सकल घरेलू उत्पाद बाजार मूल्य पर ₹8,000 करोड़ और शुद्ध अप्रत्यक्ष कर ₹600 करोड़ है तो सकल घरेलू उत्पाद साधन लागत पर कितना होगा?

If GDP at market price is ₹8,000 crore and net indirect taxes are ₹600 crore what will be GDP at factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹7,400 करोड़₹7,400 crore

Step 1

Concept

\(GDP_{FC}=8000-600=7400\) crore. Subtract net indirect taxes to move from market price to factor cost.

Step 2

Why this answer is correct

The correct answer is B. ₹7,400 करोड़ / ₹7,400 crore. \(GDP_{FC}=8000-600=7400\) crore. Subtract net indirect taxes to move from market price to factor cost.

Step 3

Exam Tip

\(GDP_{FC}=8000-600=7400\) करोड़ है। बाजार मूल्य से साधन लागत पर आने के लिए शुद्ध अप्रत्यक्ष कर घटाएं।

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Question 3/3 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 34

यदि सकल घरेलू उत्पाद साधन लागत पर ₹9,200 करोड़ और शुद्ध अप्रत्यक्ष कर ₹800 करोड़ है तो सकल घरेलू उत्पाद बाजार मूल्य पर कितना होगा?

If GDP at factor cost is ₹9,200 crore and net indirect taxes are ₹800 crore what will be GDP at market price?

Explanation opens after your attempt
Correct Answer

C. ₹10,000 करोड़₹10,000 crore

Step 1

Concept

\(GDP_{MP}=9200+800=10000\) crore. Add net indirect taxes to factor cost.

Step 2

Why this answer is correct

The correct answer is C. ₹10,000 करोड़ / ₹10,000 crore. \(GDP_{MP}=9200+800=10000\) crore. Add net indirect taxes to factor cost.

Step 3

Exam Tip

\(GDP_{MP}=9200+800=10000\) करोड़ है। साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ें।

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