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 36

Level 36 • 4/50 questions • 40 seconds per question.

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Question 1/4 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 36

बाजार मूल्य पर सकल घरेलू उत्पाद से साधन लागत पर सकल घरेलू उत्पाद कैसे मिलेगा?

How is GDP at factor cost obtained from GDP at market price?

Explanation opens after your attempt
Correct Answer

A. शुद्ध अप्रत्यक्ष कर घटाकरBy subtracting net indirect taxes

Step 1

Concept

Net indirect taxes are subtracted to move from market price to factor cost. This rule also applies to GDP.

Step 2

Why this answer is correct

The correct answer is A. शुद्ध अप्रत्यक्ष कर घटाकर / By subtracting net indirect taxes. Net indirect taxes are subtracted to move from market price to factor cost. This rule also applies to GDP.

Step 3

Exam Tip

बाजार मूल्य से साधन लागत पर आने के लिए शुद्ध अप्रत्यक्ष कर घटाया जाता है। यह नियम सकल घरेलू उत्पाद पर भी लागू होता है।

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Question 2/4 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 36

साधन लागत पर सकल घरेलू उत्पाद से बाजार मूल्य पर सकल घरेलू उत्पाद कैसे मिलेगा?

How is GDP at market price obtained from GDP at factor cost?

Explanation opens after your attempt
Correct Answer

A. शुद्ध अप्रत्यक्ष कर जोड़करBy adding net indirect taxes

Step 1

Concept

GDP at market price is obtained by adding net indirect taxes to GDP at factor cost. The formula is \(GDP_{MP}=GDP_{FC}+NIT\).

Step 2

Why this answer is correct

The correct answer is A. शुद्ध अप्रत्यक्ष कर जोड़कर / By adding net indirect taxes. GDP at market price is obtained by adding net indirect taxes to GDP at factor cost. The formula is \(GDP_{MP}=GDP_{FC}+NIT\).

Step 3

Exam Tip

साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ने पर बाजार मूल्य वाला सकल घरेलू उत्पाद मिलता है। सूत्र \(GDP_{MP}=GDP_{FC}+NIT\) है।

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Question 3/4 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 36

यदि सकल घरेलू उत्पाद बाजार मूल्य पर ₹9,000 करोड़ और शुद्ध अप्रत्यक्ष कर ₹700 करोड़ है तो सकल घरेलू उत्पाद साधन लागत पर कितना होगा?

If GDP at market price is ₹9,000 crore and net indirect taxes are ₹700 crore what will be GDP at factor cost?

Explanation opens after your attempt
Correct Answer

B. ₹8,300 करोड़₹8,300 crore

Step 1

Concept

\(GDP_{FC}=9000-700=8300\) crore. Subtract net indirect taxes from market price.

Step 2

Why this answer is correct

The correct answer is B. ₹8,300 करोड़ / ₹8,300 crore. \(GDP_{FC}=9000-700=8300\) crore. Subtract net indirect taxes from market price.

Step 3

Exam Tip

\(GDP_{FC}=9000-700=8300\) करोड़ है। बाजार मूल्य से शुद्ध अप्रत्यक्ष कर घटाएं।

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Question 4/4 Easy Economics National Income and Related Aggregates Aggregates related to national income - Market price and factor cost Class 12 Level 36

यदि सकल घरेलू उत्पाद साधन लागत पर ₹8,600 करोड़ और शुद्ध अप्रत्यक्ष कर ₹650 करोड़ है तो सकल घरेलू उत्पाद बाजार मूल्य पर कितना होगा?

If GDP at factor cost is ₹8,600 crore and net indirect taxes are ₹650 crore what will be GDP at market price?

Explanation opens after your attempt
Correct Answer

C. ₹9,250 करोड़₹9,250 crore

Step 1

Concept

\(GDP_{MP}=8600+650=9250\) crore. Add net indirect taxes to factor cost.

Step 2

Why this answer is correct

The correct answer is C. ₹9,250 करोड़ / ₹9,250 crore. \(GDP_{MP}=8600+650=9250\) crore. Add net indirect taxes to factor cost.

Step 3

Exam Tip

\(GDP_{MP}=8600+650=9250\) करोड़ है। साधन लागत में शुद्ध अप्रत्यक्ष कर जोड़ें।

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