Class 12 Economics Hard Quiz

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यदि \(GDP_{MP}\) से \(NNP_{FC}\) प्राप्त करना हो और NFIA ऋणात्मक हो, तो कौन-सा formula सही है?

If \(NNP_{FC}\) is to be derived from \(GDP_{MP}\) and NFIA is negative, which formula is correct?

Explanation opens after your attempt
Correct Answer

A. \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\)

Step 1

Concept

Even when NFIA is negative, it is added in the formula, reducing the value. In exams apply the sign along with the number.

Step 2

Why this answer is correct

The correct answer is A. \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\). Even when NFIA is negative, it is added in the formula, reducing the value. In exams apply the sign along with the number.

Step 3

Exam Tip

NFIA negative हो तब भी formula में NFIA जोड़ा जाता है, जिससे value घटती है। परीक्षा में sign को number के साथ ही apply करें।

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यदि \(GDP_{MP}=3000\), NFIA (=-120), depreciation (=250), और NIT (=180) करोड़ है, तो national income कितनी होगी?

If \(GDP_{MP}=3000\), NFIA (=-120), depreciation (=250), and NIT (=180) crore, what is national income?

Explanation opens after your attempt
Correct Answer

A. ₹2450 करोड़₹2450 crore

Step 1

Concept

National income \(=NNP_{FC}=3000-120-250-180=2450\) crore. In exams negative NFIA and NIT both reduce the value.

Step 2

Why this answer is correct

The correct answer is A. ₹2450 करोड़ / ₹2450 crore. National income \(=NNP_{FC}=3000-120-250-180=2450\) crore. In exams negative NFIA and NIT both reduce the value.

Step 3

Exam Tip

National income \(=NNP_{FC}=3000-120-250-180=2450\) करोड़। परीक्षा में negative NFIA और NIT दोनों घटते हैं।

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यदि \(NNP_{MP}\) \(NNP_{FC}\) से कम है, तो कौन-सी स्थिति सबसे संभव है?

If \(NNP_{MP}\) is less than \(NNP_{FC}\), which situation is most possible?

Explanation opens after your attempt
Correct Answer

A. Subsidies indirect taxes से अधिक हैंSubsidies are greater than indirect taxes

Step 1

Concept

When subsidies are greater, NIT is negative and factor cost value can exceed market price. In exams identify the negative NIT case.

Step 2

Why this answer is correct

The correct answer is A. Subsidies indirect taxes से अधिक हैं / Subsidies are greater than indirect taxes. When subsidies are greater, NIT is negative and factor cost value can exceed market price. In exams identify the negative NIT case.

Step 3

Exam Tip

जब subsidies अधिक होती हैं तो NIT negative होता है और factor cost value market price से अधिक हो सकती है। परीक्षा में negative NIT वाली स्थिति पहचानें।

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यदि \(NNP_{MP}=780\) और \(NNP_{FC}=830\) करोड़ है, तो NIT कितना होगा?

If \(NNP_{MP}=780\) and \(NNP_{FC}=830\) crore, what is NIT?

Explanation opens after your attempt
Correct Answer

B. ₹-50 करोड़₹-50 crore

Step 1

Concept

NIT \(=NNP_{MP}-NNP_{FC}=780-830=-50\) crore. In exams when FC is higher, NIT is negative.

Step 2

Why this answer is correct

The correct answer is B. ₹-50 करोड़ / ₹-50 crore. NIT \(=NNP_{MP}-NNP_{FC}=780-830=-50\) crore. In exams when FC is higher, NIT is negative.

Step 3

Exam Tip

NIT \(=NNP_{MP}-NNP_{FC}=780-830=-50\) करोड़। परीक्षा में FC अधिक होने पर NIT negative होता है।

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\(NDP_{MP}\) से \(NNP_{FC}\) निकालने में कौन-से दो adjustment लगते हैं?

Which two adjustments are used to derive \(NNP_{FC}\) from \(NDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. NFIA जोड़ना और NIT घटानाAdd NFIA and subtract NIT

Step 1

Concept

\(NDP_{MP}\) is already net, so no depreciation adjustment is needed. In exams do only domestic-national and MP-FC conversion.

Step 2

Why this answer is correct

The correct answer is A. NFIA जोड़ना और NIT घटाना / Add NFIA and subtract NIT. \(NDP_{MP}\) is already net, so no depreciation adjustment is needed. In exams do only domestic-national and MP-FC conversion.

Step 3

Exam Tip

\(NDP_{MP}\) पहले से net है, इसलिए depreciation adjustment नहीं होता। परीक्षा में केवल domestic-national और MP-FC conversion करें।

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यदि \(NDP_{MP}=1250\), NFIA (=60), और NIT (=110) करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(NDP_{MP}=1250\), NFIA (=60), and NIT (=110) crore, what is \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1200 करोड़₹1200 crore

Step 1

Concept

\(NNP_{FC}=1250+60-110=1200\) crore. Do not subtract depreciation again when the aggregate is already net.

Step 2

Why this answer is correct

The correct answer is A. ₹1200 करोड़ / ₹1200 crore. \(NNP_{FC}=1250+60-110=1200\) crore. Do not subtract depreciation again when the aggregate is already net.

Step 3

Exam Tip

\(NNP_{FC}=1250+60-110=1200\) करोड़। परीक्षा में net aggregate होने पर depreciation फिर से न घटाएं।

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यदि \(GNP_{FC}\) और \(NNP_{FC}\) के बीच अंतर बहुत अधिक है, तो इसका सबसे सीधा कारण क्या है?

If the difference between \(GNP_{FC}\) and \(NNP_{FC}\) is very large, what is the most direct reason?

Explanation opens after your attempt
Correct Answer

A. उच्च depreciationHigh depreciation

Step 1

Concept

The difference between GNPFC and NNPFC is depreciation. At the same national and cost basis, check gross-net difference in exams.

Step 2

Why this answer is correct

The correct answer is A. उच्च depreciation / High depreciation. The difference between GNPFC and NNPFC is depreciation. At the same national and cost basis, check gross-net difference in exams.

Step 3

Exam Tip

GNPFC और NNPFC का अंतर depreciation होता है। परीक्षा में same national और same cost basis पर gross-net difference देखें।

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यदि \(GNP_{FC}=2100\) और consumption of fixed capital ₹260 करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(GNP_{FC}=2100\) and consumption of fixed capital is ₹260 crore, what is \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1840 करोड़₹1840 crore

Step 1

Concept

Consumption of fixed capital is depreciation, so \(NNP_{FC}=2100-260=1840\) crore. Treat both names as the same adjustment in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹1840 करोड़ / ₹1840 crore. Consumption of fixed capital is depreciation, so \(NNP_{FC}=2100-260=1840\) crore. Treat both names as the same adjustment in exams.

Step 3

Exam Tip

Consumption of fixed capital depreciation है, इसलिए \(NNP_{FC}=2100-260=1840\) करोड़। परीक्षा में दोनों नामों को एक ही adjustment मानें।

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यदि \(NNP_{FC}\) को \(GNP_{MP}\) से निकाला जा रहा है, तो कौन-सा adjustment अनावश्यक है?

If \(NNP_{FC}\) is being derived from \(GNP_{MP}\), which adjustment is unnecessary?

Explanation opens after your attempt
Correct Answer

A. NFIA adjustment

Step 1

Concept

GNP is already a national aggregate, so NFIA is not needed. First identify whether the aggregate is national or domestic in exams.

Step 2

Why this answer is correct

The correct answer is A. NFIA adjustment. GNP is already a national aggregate, so NFIA is not needed. First identify whether the aggregate is national or domestic in exams.

Step 3

Exam Tip

GNP पहले से national aggregate है, इसलिए NFIA की जरूरत नहीं होती। परीक्षा में aggregate के national या domestic nature को पहले पहचानें।

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यदि \(GNP_{MP}=1750\), depreciation (=130), और NIT (=75) करोड़ है, तो \(NNP_{FC}\) कितना होगा?

If \(GNP_{MP}=1750\), depreciation (=130), and NIT (=75) crore, what is \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1545 करोड़₹1545 crore

Step 1

Concept

\(NNP_{FC}=1750-130-75=1545\) crore. From GNPMP to NNPFC, depreciation and NIT are subtracted.

Step 2

Why this answer is correct

The correct answer is A. ₹1545 करोड़ / ₹1545 crore. \(NNP_{FC}=1750-130-75=1545\) crore. From GNPMP to NNPFC, depreciation and NIT are subtracted.

Step 3

Exam Tip

\(NNP_{FC}=1750-130-75=1545\) करोड़। परीक्षा में GNPMP से NNPFC तक depreciation और NIT घटते हैं।

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कौन-सा relation \(NNP_{MP}\) और \(NDP_{MP}\) के लिए सही है?

Which relation is correct for \(NNP_{MP}\) and \(NDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(NNP_{MP}=NDP_{MP}+NFIA\)

Step 1

Concept

The national-domestic difference between NNP and NDP comes from NFIA. At the same price and net basis, NFIA is the adjustment.

Step 2

Why this answer is correct

The correct answer is A. \(NNP_{MP}=NDP_{MP}+NFIA\). The national-domestic difference between NNP and NDP comes from NFIA. At the same price and net basis, NFIA is the adjustment.

Step 3

Exam Tip

NNP और NDP में national-domestic difference NFIA से आता है। परीक्षा में same price और same net basis पर NFIA ही adjustment है।

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यदि \(NDP_{MP}=1600\) और \(NNP_{MP}=1525\) करोड़ है, तो NFIA कितना है?

If \(NDP_{MP}=1600\) and \(NNP_{MP}=1525\) crore, what is NFIA?

Explanation opens after your attempt
Correct Answer

B. ₹-75 करोड़₹-75 crore

Step 1

Concept

NFIA \(=NNP_{MP}-NDP_{MP}=1525-1600=-75\) crore. When national value is lower, treat NFIA as negative in exams.

Step 2

Why this answer is correct

The correct answer is B. ₹-75 करोड़ / ₹-75 crore. NFIA \(=NNP_{MP}-NDP_{MP}=1525-1600=-75\) crore. When national value is lower, treat NFIA as negative in exams.

Step 3

Exam Tip

NFIA \(=NNP_{MP}-NDP_{MP}=1525-1600=-75\) करोड़। परीक्षा में national value कम होने पर NFIA negative समझें।

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यदि \(GDP_{FC}\) से \(NNP_{MP}\) निकालना हो, तो कौन-सा combination सही है?

If \(NNP_{MP}\) is to be derived from \(GDP_{FC}\), which combination is correct?

Explanation opens after your attempt
Correct Answer

A. NFIA जोड़ें, depreciation घटाएं, NIT जोड़ेंAdd NFIA, subtract depreciation, add NIT

Step 1

Concept

From \(GDP_{FC}\), after making it national and net, add NIT for MP. In exams add NIT when moving from FC to MP.

Step 2

Why this answer is correct

The correct answer is A. NFIA जोड़ें, depreciation घटाएं, NIT जोड़ें / Add NFIA, subtract depreciation, add NIT. From \(GDP_{FC}\), after making it national and net, add NIT for MP. In exams add NIT when moving from FC to MP.

Step 3

Exam Tip

\(GDP_{FC}\) से national और net बनाने के बाद MP के लिए NIT जोड़ना होगा। परीक्षा में FC से MP जाते समय NIT जोड़ें।

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यदि \(GDP_{FC}=1400\), NFIA (=50), depreciation (=90), और NIT (=40) करोड़ है, तो \(NNP_{MP}\) कितना होगा?

If \(GDP_{FC}=1400\), NFIA (=50), depreciation (=90), and NIT (=40) crore, what is \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1400 करोड़₹1400 crore

Step 1

Concept

\(NNP_{MP}=1400+50-90+40=1400\) crore. Keep the sign of NIT correct when changing the final price basis.

Step 2

Why this answer is correct

The correct answer is A. ₹1400 करोड़ / ₹1400 crore. \(NNP_{MP}=1400+50-90+40=1400\) crore. Keep the sign of NIT correct when changing the final price basis.

Step 3

Exam Tip

\(NNP_{MP}=1400+50-90+40=1400\) करोड़। परीक्षा में final price basis बदलते समय NIT का sign सही रखें।

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यदि \(NNP_{FC}\) से \(GDP_{MP}\) तक reverse conversion करना हो, तो कौन-सा क्रम सही है?

If reverse conversion is to be made from \(NNP_{FC}\) to \(GDP_{MP}\), which sequence is correct?

Explanation opens after your attempt
Correct Answer

A. NFIA घटाएं, depreciation जोड़ें, NIT जोड़ेंSubtract NFIA, add depreciation, add NIT

Step 1

Concept

From NNPFC to GDPMP, convert national to domestic, net to gross and FC to MP. Change signs in reverse movement in exams.

Step 2

Why this answer is correct

The correct answer is A. NFIA घटाएं, depreciation जोड़ें, NIT जोड़ें / Subtract NFIA, add depreciation, add NIT. From NNPFC to GDPMP, convert national to domestic, net to gross and FC to MP. Change signs in reverse movement in exams.

Step 3

Exam Tip

NNPFC से GDPMP के लिए national से domestic, net से gross और FC से MP conversion होते हैं। परीक्षा में reverse movement में signs बदलें।

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यदि \(NNP_{FC}=1800\), NFIA (=100), depreciation (=150), और NIT (=80) करोड़ है, तो \(GDP_{MP}\) कितना होगा?

If \(NNP_{FC}=1800\), NFIA (=100), depreciation (=150), and NIT (=80) crore, what is \(GDP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1930 करोड़₹1930 crore

Step 1

Concept

\(GDP_{MP}=1800-100+150+80=1930\) crore. From NNPFC to GDPMP, NFIA is subtracted and depreciation and NIT are added.

Step 2

Why this answer is correct

The correct answer is A. ₹1930 करोड़ / ₹1930 crore. \(GDP_{MP}=1800-100+150+80=1930\) crore. From NNPFC to GDPMP, NFIA is subtracted and depreciation and NIT are added.

Step 3

Exam Tip

\(GDP_{MP}=1800-100+150+80=1930\) करोड़। परीक्षा में NNPFC से GDPMP तक NFIA घटता और depreciation, NIT जुड़ते हैं।

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किस option में \(NNP_{FC}\) को सही conceptual form में बताया गया है?

Which option states \(NNP_{FC}\) in the correct conceptual form?

Explanation opens after your attempt
Correct Answer

A. सामान्य निवासियों द्वारा अर्जित शुद्ध factor incomeNet factor income earned by normal residents

Step 1

Concept

\(NNP_{FC}\) is national income and relates to factor income of normal residents. Keep the difference between territorial output and resident income clear.

Step 2

Why this answer is correct

The correct answer is A. सामान्य निवासियों द्वारा अर्जित शुद्ध factor income / Net factor income earned by normal residents. \(NNP_{FC}\) is national income and relates to factor income of normal residents. Keep the difference between territorial output and resident income clear.

Step 3

Exam Tip

\(NNP_{FC}\) national income है और normal residents की factor income से संबंधित है। परीक्षा में territorial output और resident income में अंतर रखें।

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विदेशी कंपनी का भारत में अर्जित profit किस conversion में विशेष महत्व रखता है?

Profit earned by a foreign company in India is especially important in which conversion?

Explanation opens after your attempt
Correct Answer

A. Domestic product से national productDomestic product to national product

Step 1

Concept

Factor income paid to foreigners affects NFIA. In exams separate domestic territory income from residents' income.

Step 2

Why this answer is correct

The correct answer is A. Domestic product से national product / Domestic product to national product. Factor income paid to foreigners affects NFIA. In exams separate domestic territory income from residents' income.

Step 3

Exam Tip

विदेशियों को गई factor income NFIA को प्रभावित करती है। परीक्षा में domestic territory की income और residents की income अलग करें।

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यदि विदेश से प्राप्त factor income ₹90 करोड़ और विदेश को दी गई factor income ₹130 करोड़ है, तो NFIA कितना होगा?

If factor income received from abroad is ₹90 crore and factor income paid abroad is ₹130 crore, what is NFIA?

Explanation opens after your attempt
Correct Answer

B. ₹-40 करोड़₹-40 crore

Step 1

Concept

NFIA (=90-130=-40) crore. In exams do not change the order of received minus paid.

Step 2

Why this answer is correct

The correct answer is B. ₹-40 करोड़ / ₹-40 crore. NFIA (=90-130=-40) crore. In exams do not change the order of received minus paid.

Step 3

Exam Tip

NFIA (=90-130=-40) करोड़। परीक्षा में received minus paid का order न बदलें।

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यदि NFIA negative है, तो कौन-सा statement सही है?

If NFIA is negative, which statement is correct?

Explanation opens after your attempt
Correct Answer

A. विदेश को दी गई factor income विदेश से प्राप्त income से अधिक हैFactor income paid abroad is greater than income received from abroad

Step 1

Concept

Negative NFIA means income paid abroad is higher. In exams understand the sign of NFIA through foreign income flows.

Step 2

Why this answer is correct

The correct answer is A. विदेश को दी गई factor income विदेश से प्राप्त income से अधिक है / Factor income paid abroad is greater than income received from abroad. Negative NFIA means income paid abroad is higher. In exams understand the sign of NFIA through foreign income flows.

Step 3

Exam Tip

NFIA negative होने का अर्थ paid abroad income ज्यादा है। परीक्षा में NFIA का sign foreign income flows से समझें।

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यदि \(NNP_{FC}\) में transfer payments जोड़ दिए जाएं, तो माप में कौन-सी समस्या आएगी?

If transfer payments are added to \(NNP_{FC}\), what problem will arise in measurement?

Explanation opens after your attempt
Correct Answer

A. Non-factor income शामिल हो जाएगीNon-factor income will be included

Step 1

Concept

Transfer payments are not received for factor service. In exams link \(NNP_{FC}\) only with factor income.

Step 2

Why this answer is correct

The correct answer is A. Non-factor income शामिल हो जाएगी / Non-factor income will be included. Transfer payments are not received for factor service. In exams link \(NNP_{FC}\) only with factor income.

Step 3

Exam Tip

Transfer payments factor service के बदले नहीं मिलते। परीक्षा में \(NNP_{FC}\) को केवल factor income से जोड़ें।

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कौन-सी आय \(NNP_{FC}\) में शामिल नहीं होनी चाहिए?

Which income should not be included in \(NNP_{FC}\)?

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Correct Answer

A. लॉटरी पुरस्कारLottery prize

Step 1

Concept

Lottery prize is a transfer receipt, not factor income. In exams treat only rewards for productive services as factor income.

Step 2

Why this answer is correct

The correct answer is A. लॉटरी पुरस्कार / Lottery prize. Lottery prize is a transfer receipt, not factor income. In exams treat only rewards for productive services as factor income.

Step 3

Exam Tip

Lottery prize transfer receipt है, factor income नहीं। परीक्षा में productive service के reward को ही factor income मानें।

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पुराने shares की बिक्री में broker commission को NNP में शामिल करने का कारण क्या है?

What is the reason for including broker commission on sale of old shares in NNP?

Explanation opens after your attempt
Correct Answer

A. यह चालू वर्ष की productive service हैIt is a productive service of the current year

Step 1

Concept

The value of old shares is not current output, but broker service is current production. In exams separate asset transfer from service output.

Step 2

Why this answer is correct

The correct answer is A. यह चालू वर्ष की productive service है / It is a productive service of the current year. The value of old shares is not current output, but broker service is current production. In exams separate asset transfer from service output.

Step 3

Exam Tip

पुराने shares का मूल्य current output नहीं है, पर broker service current production है। परीक्षा में asset transfer और service output अलग करें।

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किस item को NNP में final output के रूप में शामिल किया जाएगा?

Which item will be included as final output in NNP?

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Correct Answer

A. नए computer की अंतिम बिक्रीFinal sale of a new computer

Step 1

Concept

Sale of a new final good is current production. Separately adding an intermediate component causes double counting in exams.

Step 2

Why this answer is correct

The correct answer is A. नए computer की अंतिम बिक्री / Final sale of a new computer. Sale of a new final good is current production. Separately adding an intermediate component causes double counting in exams.

Step 3

Exam Tip

नई final good की sale current production है। परीक्षा में intermediate component को अलग से जोड़ने से double counting होगी।

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NNP में intermediate goods को exclude करने का advanced reason क्या है?

What is the advanced reason for excluding intermediate goods from NNP?

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Correct Answer

A. उनका मूल्य final goods में already embodied होता हैTheir value is already embodied in final goods

Step 1

Concept

The value of intermediate goods is included in final output. Use value added or final product approach to avoid double counting.

Step 2

Why this answer is correct

The correct answer is A. उनका मूल्य final goods में already embodied होता है / Their value is already embodied in final goods. The value of intermediate goods is included in final output. Use value added or final product approach to avoid double counting.

Step 3

Exam Tip

Intermediate goods का value final output में शामिल रहता है। परीक्षा में value added या final product approach से double counting रोकें।

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यदि एक baker flour ₹20 में खरीदकर bread ₹50 में बेचता है, तो final product approach में कितना जोड़ा जाएगा?

If a baker buys flour for ₹20 and sells bread for ₹50, how much is added under final product approach?

Explanation opens after your attempt
Correct Answer

A. ₹50

Step 1

Concept

Under final product approach only the final value of bread, ₹50, is taken. Adding flour separately causes double counting in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹50. Under final product approach only the final value of bread, ₹50, is taken. Adding flour separately causes double counting in exams.

Step 3

Exam Tip

Final product approach में केवल bread का अंतिम मूल्य ₹50 लिया जाता है। परीक्षा में flour को अलग जोड़ना double counting करेगा।

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उसी baker उदाहरण में value added approach से कितना value added होगा?

In the same baker example, what is value added under value added approach?

Explanation opens after your attempt
Correct Answer

A. ₹30

Step 1

Concept

Value added (=50-20=30). In exams final product and value added approaches may look different but both avoid double counting.

Step 2

Why this answer is correct

The correct answer is A. ₹30. Value added (=50-20=30). In exams final product and value added approaches may look different but both avoid double counting.

Step 3

Exam Tip

Value added (=50-20=30) है। परीक्षा में final product और value added approach अलग दिख सकते हैं पर double counting रोकते हैं।

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यदि final goods का मूल्य ₹1000 और intermediate goods का अलग मूल्य ₹400 जोड़ दिया गया, तो कौन-सी गलती होगी?

If final goods worth ₹1000 and intermediate goods worth ₹400 are both added separately, what error occurs?

Explanation opens after your attempt
Correct Answer

A. Double counting

Step 1

Concept

Intermediate goods are included in the value of final goods, so adding them separately is double counting. Remember the final goods only rule.

Step 2

Why this answer is correct

The correct answer is A. Double counting. Intermediate goods are included in the value of final goods, so adding them separately is double counting. Remember the final goods only rule.

Step 3

Exam Tip

Intermediate goods final goods के value में शामिल होते हैं, इसलिए अलग जोड़ना double counting है। परीक्षा में final goods only rule याद रखें।

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कौन-सा example NNP में current production exclusion को सही दिखाता है?

Which example correctly shows exclusion from current production in NNP?

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Correct Answer

A. पुरानी किताब की पुनर्बिक्री का पूरा मूल्यFull resale value of an old book

Step 1

Concept

Full resale value of an old book is not current production. In exams separate current year output from old asset transfer.

Step 2

Why this answer is correct

The correct answer is A. पुरानी किताब की पुनर्बिक्री का पूरा मूल्य / Full resale value of an old book. Full resale value of an old book is not current production. In exams separate current year output from old asset transfer.

Step 3

Exam Tip

पुरानी किताब का full resale value current production नहीं है। परीक्षा में current year output को पुराने asset transfer से अलग करें।

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यदि \(NNP_{FC}\) में unpaid voluntary teaching को जोड़ना हो, तो मुख्य difficulty क्या होगी?

If unpaid voluntary teaching is to be added in \(NNP_{FC}\), what is the main difficulty?

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Correct Answer

A. Market valuation और recording कठिन होगीMarket valuation and recording will be difficult

Step 1

Concept

Reliable market value and record of unpaid services are difficult to determine. Include paid productive services and generally exclude unpaid personal services.

Step 2

Why this answer is correct

The correct answer is A. Market valuation और recording कठिन होगी / Market valuation and recording will be difficult. Reliable market value and record of unpaid services are difficult to determine. Include paid productive services and generally exclude unpaid personal services.

Step 3

Exam Tip

Unpaid services का reliable market value और record तय करना कठिन होता है। परीक्षा में paid productive services को include और unpaid personal services को सामान्यतः exclude करें।

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किस transaction में NNP के लिए केवल service charge शामिल होगा, full asset value नहीं?

In which transaction will only service charge be included in NNP, not full asset value?

Explanation opens after your attempt
Correct Answer

A. पुरानी property की sale पर agent commissionAgent commission on sale of old property

Step 1

Concept

Full value of old property is not current production, but agent commission is current service. Separate old asset and service charge in exams.

Step 2

Why this answer is correct

The correct answer is A. पुरानी property की sale पर agent commission / Agent commission on sale of old property. Full value of old property is not current production, but agent commission is current service. Separate old asset and service charge in exams.

Step 3

Exam Tip

Old property का full value current production नहीं है, पर agent commission current service है। परीक्षा में old asset और service charge अलग करें।

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यदि \(NNP_{FC}\) में illegal market activity को शामिल न किया जाए, तो practical reason क्या हो सकता है?

If illegal market activity is not included in \(NNP_{FC}\), what may be the practical reason?

Explanation opens after your attempt
Correct Answer

A. विश्वसनीय data और legal reporting की कमीLack of reliable data and legal reporting

Step 1

Concept

Reliable records of illegal activities are not available. In exams understand data limitations of national income accounting.

Step 2

Why this answer is correct

The correct answer is A. विश्वसनीय data और legal reporting की कमी / Lack of reliable data and legal reporting. Reliable records of illegal activities are not available. In exams understand data limitations of national income accounting.

Step 3

Exam Tip

अवैध गतिविधियों का reliable record उपलब्ध नहीं होता। परीक्षा में national income accounting की data limitations समझें।

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यदि किसी देश में depreciation तेज़ी से बढ़े लेकिन GNP उतना ही रहे, तो NNP किस economic issue को संकेत करेगा?

If depreciation rises sharply while GNP remains the same, what economic issue will NNP indicate?

Explanation opens after your attempt
Correct Answer

A. Net output capacity में कमीFall in net output capacity

Step 1

Concept

Higher depreciation reduces net product. Treat NNP as an indicator of productive capacity left after capital wear.

Step 2

Why this answer is correct

The correct answer is A. Net output capacity में कमी / Fall in net output capacity. Higher depreciation reduces net product. Treat NNP as an indicator of productive capacity left after capital wear.

Step 3

Exam Tip

अधिक depreciation से net product कम होता है। परीक्षा में NNP को capital wear के बाद बची productive capacity का संकेत मानें।

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यदि GNP बढ़ रहा है पर depreciation उससे भी तेज़ बढ़ रहा है, तो NNP के बारे में कौन-सा निष्कर्ष संभव है?

If GNP is rising but depreciation is rising faster, which conclusion about NNP is possible?

Explanation opens after your attempt
Correct Answer

A. NNP कम हो सकता हैNNP may fall

Step 1

Concept

NNP is obtained after subtracting depreciation from GNP, so faster depreciation growth can reduce NNP. Compare changes using the formula in exams.

Step 2

Why this answer is correct

The correct answer is A. NNP कम हो सकता है / NNP may fall. NNP is obtained after subtracting depreciation from GNP, so faster depreciation growth can reduce NNP. Compare changes using the formula in exams.

Step 3

Exam Tip

NNP GNP से depreciation घटाने पर मिलता है, इसलिए तेज depreciation growth NNP घटा सकती है। परीक्षा में changes को formula से compare करें।

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यदि \(NNP_{FC}\) बढ़े लेकिन \(NNP_{MP}\) समान रहे, तो कौन-सी स्थिति संभव है?

If \(NNP_{FC}\) increases while \(NNP_{MP}\) remains same, which situation is possible?

Explanation opens after your attempt
Correct Answer

A. NIT घट गया हैNIT has decreased

Step 1

Concept

\(NNP_{FC}=NNP_{MP}-NIT\), so if NNPMP is constant, a fall in NIT can raise NNPFC. Infer through MP-FC relation in exams.

Step 2

Why this answer is correct

The correct answer is A. NIT घट गया है / NIT has decreased. \(NNP_{FC}=NNP_{MP}-NIT\), so if NNPMP is constant, a fall in NIT can raise NNPFC. Infer through MP-FC relation in exams.

Step 3

Exam Tip

\(NNP_{FC}=NNP_{MP}-NIT\), इसलिए NNPMP समान रहते हुए NIT घटने से NNPFC बढ़ सकता है। परीक्षा में MP-FC relation से inference करें।

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यदि \(NNP_{MP}\) बढ़ा लेकिन NIT भी उतना ही बढ़ा, तो \(NNP_{FC}\) पर क्या प्रभाव हो सकता है?

If \(NNP_{MP}\) rises but NIT rises by the same amount, what may happen to \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

A. यह समान रह सकता हैIt may remain same

Step 1

Concept

NNPFC is obtained by subtracting NIT from market price value. In exams equal increases can make the net effect zero.

Step 2

Why this answer is correct

The correct answer is A. यह समान रह सकता है / It may remain same. NNPFC is obtained by subtracting NIT from market price value. In exams equal increases can make the net effect zero.

Step 3

Exam Tip

NNPFC market price value से NIT घटाकर मिलता है। परीक्षा में equal increase होने पर net effect zero हो सकता है।

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यदि \(GNP_{MP}=GDP_{MP}+NFIA\), तो \(NNP_{MP}\) का expanded formula कौन-सा है?

If \(GNP_{MP}=GDP_{MP}+NFIA\), what is the expanded formula for \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. \(NNP_{MP}=GDP_{MP}+NFIA-Depreciation\)

Step 1

Concept

To get NNPMP, depreciation is subtracted from GNPMP. Combine two relations while forming expanded formula in exams.

Step 2

Why this answer is correct

The correct answer is A. \(NNP_{MP}=GDP_{MP}+NFIA-Depreciation\). To get NNPMP, depreciation is subtracted from GNPMP. Combine two relations while forming expanded formula in exams.

Step 3

Exam Tip

NNPMP पाने के लिए GNPMP से depreciation घटता है। परीक्षा में expanded formula बनाते समय दो relations जोड़ें।

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यदि \(GDP_{MP}=1900\), NFIA (=70), और depreciation (=160) करोड़ है, तो \(NNP_{MP}\) कितना होगा?

If \(GDP_{MP}=1900\), NFIA (=70), and depreciation (=160) crore, what is \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹1810 करोड़₹1810 crore

Step 1

Concept

\(NNP_{MP}=1900+70-160=1810\) crore. Do not apply NIT adjustment for NNPMP in exams.

Step 2

Why this answer is correct

The correct answer is A. ₹1810 करोड़ / ₹1810 crore. \(NNP_{MP}=1900+70-160=1810\) crore. Do not apply NIT adjustment for NNPMP in exams.

Step 3

Exam Tip

\(NNP_{MP}=1900+70-160=1810\) करोड़। परीक्षा में NNPMP के लिए NIT adjustment नहीं करें।

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यदि \(NNP_{MP}\) दिया है और national income पूछी गई है, तो कौन-सी अतिरिक्त जानकारी सबसे जरूरी है?

If \(NNP_{MP}\) is given and national income is asked, which additional information is most necessary?

Explanation opens after your attempt
Correct Answer

A. NIT

Step 1

Concept

National income is \(NNP_{FC}\) and NIT is needed to derive it from \(NNP_{MP}\). Identify price basis conversion in exams.

Step 2

Why this answer is correct

The correct answer is A. NIT. National income is \(NNP_{FC}\) and NIT is needed to derive it from \(NNP_{MP}\). Identify price basis conversion in exams.

Step 3

Exam Tip

National income \(NNP_{FC}\) है और \(NNP_{MP}\) से इसे पाने के लिए NIT चाहिए। परीक्षा में price basis conversion पहचानें।

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यदि \(NNP_{MP}=1150\), indirect taxes (=140), और subsidies (=40) करोड़ हैं, तो national income कितनी है?

If \(NNP_{MP}=1150\), indirect taxes (=140), and subsidies (=40) crore, what is national income?

Explanation opens after your attempt
Correct Answer

A. ₹1050 करोड़₹1050 crore

Step 1

Concept

NIT (=140-40=100), so national income (=1150-100=1050) crore. First calculate NIT from indirect tax and subsidy.

Step 2

Why this answer is correct

The correct answer is A. ₹1050 करोड़ / ₹1050 crore. NIT (=140-40=100), so national income (=1150-100=1050) crore. First calculate NIT from indirect tax and subsidy.

Step 3

Exam Tip

NIT (=140-40=100), इसलिए national income (=1150-100=1050) करोड़। परीक्षा में indirect tax और subsidy से NIT पहले निकालें।

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यदि \(NNP_{FC}=1000\), indirect taxes (=90), और subsidies (=120) करोड़ हैं, तो \(NNP_{MP}\) कितना होगा?

If \(NNP_{FC}=1000\), indirect taxes (=90), and subsidies (=120) crore, what is \(NNP_{MP}\)?

Explanation opens after your attempt
Correct Answer

A. ₹970 करोड़₹970 crore

Step 1

Concept

NIT (=90-120=-30), so \(NNP_{MP}=1000-30=970\) crore. Add NIT when moving from FC to MP, even if it is negative.

Step 2

Why this answer is correct

The correct answer is A. ₹970 करोड़ / ₹970 crore. NIT (=90-120=-30), so \(NNP_{MP}=1000-30=970\) crore. Add NIT when moving from FC to MP, even if it is negative.

Step 3

Exam Tip

NIT (=90-120=-30), इसलिए \(NNP_{MP}=1000-30=970\) करोड़। परीक्षा में FC से MP जाते समय NIT जोड़ें, चाहे वह negative हो।

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किस conversion में NIT का कोई उपयोग नहीं होगा?

In which conversion is NIT not used?

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Correct Answer

A. \(GNP_{MP}\) से \(NNP_{MP}\)From \(GNP_{MP}\) to \(NNP_{MP}\)

Step 1

Concept

From GNPMP to NNPMP, only gross to net conversion is involved, so depreciation is deducted. Do not use NIT when price basis is the same.

Step 2

Why this answer is correct

The correct answer is A. \(GNP_{MP}\) से \(NNP_{MP}\) / From \(GNP_{MP}\) to \(NNP_{MP}\). From GNPMP to NNPMP, only gross to net conversion is involved, so depreciation is deducted. Do not use NIT when price basis is the same.

Step 3

Exam Tip

GNPMP से NNPMP में केवल gross से net conversion है, इसलिए depreciation घटता है। परीक्षा में same price basis होने पर NIT न लगाएं।

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यदि \(GNP_{MP}=2000\) और \(NNP_{MP}=1760\) करोड़ है, तो depreciation कितना है?

If \(GNP_{MP}=2000\) and \(NNP_{MP}=1760\) crore, what is depreciation?

Explanation opens after your attempt
Correct Answer

A. ₹240 करोड़₹240 crore

Step 1

Concept

Depreciation (=2000-1760=240) crore. At the same MP basis, the difference between GNP and NNP is depreciation.

Step 2

Why this answer is correct

The correct answer is A. ₹240 करोड़ / ₹240 crore. Depreciation (=2000-1760=240) crore. At the same MP basis, the difference between GNP and NNP is depreciation.

Step 3

Exam Tip

Depreciation (=2000-1760=240) करोड़। परीक्षा में same MP basis पर GNP और NNP का अंतर depreciation होता है।

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यदि \(NNP_{FC}=NDP_{FC}\), तो कौन-सा conclusion सही है?

If \(NNP_{FC}=NDP_{FC}\), which conclusion is correct?

Explanation opens after your attempt
Correct Answer

A. NFIA शून्य हैNFIA is zero

Step 1

Concept

On the same net and factor cost basis, the difference between NNP and NDP comes only from NFIA. Do not link this equality with price basis in exams.

Step 2

Why this answer is correct

The correct answer is A. NFIA शून्य है / NFIA is zero. On the same net and factor cost basis, the difference between NNP and NDP comes only from NFIA. Do not link this equality with price basis in exams.

Step 3

Exam Tip

Same net और factor cost basis पर NNP और NDP का अंतर केवल NFIA से आता है। परीक्षा में equality का reason price basis से नहीं जोड़ें।

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यदि \(NNP_{FC}\) \(NDP_{FC}\) से अधिक है, तो NFIA कैसा होगा?

If \(NNP_{FC}\) is greater than \(NDP_{FC}\), how will NFIA be?

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Correct Answer

A. धनात्मकPositive

Step 1

Concept

\(NNP_{FC}=NDP_{FC}+NFIA\), so if NNPFC is greater, NFIA is positive. Derive the sign from the relation in exams.

Step 2

Why this answer is correct

The correct answer is A. धनात्मक / Positive. \(NNP_{FC}=NDP_{FC}+NFIA\), so if NNPFC is greater, NFIA is positive. Derive the sign from the relation in exams.

Step 3

Exam Tip

\(NNP_{FC}=NDP_{FC}+NFIA\), इसलिए NNPFC अधिक होने पर NFIA positive है। परीक्षा में relation से sign निकालें।

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यदि \(NDP_{FC}=950\) और \(NNP_{FC}=1010\) करोड़ है, तो NFIA कितना होगा?

If \(NDP_{FC}=950\) and \(NNP_{FC}=1010\) crore, what is NFIA?

Explanation opens after your attempt
Correct Answer

A. ₹60 करोड़₹60 crore

Step 1

Concept

NFIA (=1010-950=60) crore. In exams when national product is higher, NFIA is positive.

Step 2

Why this answer is correct

The correct answer is A. ₹60 करोड़ / ₹60 crore. NFIA (=1010-950=60) crore. In exams when national product is higher, NFIA is positive.

Step 3

Exam Tip

NFIA (=1010-950=60) करोड़। परीक्षा में national product अधिक हो तो NFIA positive होता है।

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किस statement में (NNP) और welfare के संबंध को सावधानी से समझाया गया है?

Which statement explains the relation between (NNP) and welfare carefully?

Explanation opens after your attempt
Correct Answer

A. NNP output बताता है, पर welfare को पूरी तरह नहीं मापताNNP shows output but does not fully measure welfare

Step 1

Concept

NNP is a measure of net output, but distribution and non-market factors may differ. Do not treat income aggregates as perfect welfare indexes.

Step 2

Why this answer is correct

The correct answer is A. NNP output बताता है, पर welfare को पूरी तरह नहीं मापता / NNP shows output but does not fully measure welfare. NNP is a measure of net output, but distribution and non-market factors may differ. Do not treat income aggregates as perfect welfare indexes.

Step 3

Exam Tip

NNP net output का measure है, लेकिन distribution और non-market factors अलग रह सकते हैं। परीक्षा में income aggregate को welfare का perfect index न मानें।

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यदि NNP बढ़ता है लेकिन income distribution बहुत असमान हो जाती है, तो welfare conclusion कैसा होगा?

If NNP rises but income distribution becomes highly unequal, what kind of welfare conclusion follows?

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Correct Answer

A. Welfare पर निश्चित निष्कर्ष नहीं निकलेगाNo definite conclusion about welfare can be drawn

Step 1

Concept

NNP shows total net output, not distribution. In welfare questions, treat inequality as a limitation.

Step 2

Why this answer is correct

The correct answer is A. Welfare पर निश्चित निष्कर्ष नहीं निकलेगा / No definite conclusion about welfare can be drawn. NNP shows total net output, not distribution. In welfare questions, treat inequality as a limitation.

Step 3

Exam Tip

NNP total net output दिखाता है, distribution नहीं। परीक्षा में welfare questions में inequality को limitation मानें।

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NNP से जुड़े तीन प्रमुख conversion keywords का सही set कौन-सा है?

Which is the correct set of three major conversion keywords related to NNP?

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Correct Answer

A. Depreciation, NFIA, NIT

Step 1

Concept

Depreciation is used for gross-net, NFIA for domestic-national and NIT for MP-FC. These three keywords are the backbone of NNP numericals.

Step 2

Why this answer is correct

The correct answer is A. Depreciation, NFIA, NIT. Depreciation is used for gross-net, NFIA for domestic-national and NIT for MP-FC. These three keywords are the backbone of NNP numericals.

Step 3

Exam Tip

Gross-net के लिए depreciation, domestic-national के लिए NFIA और MP-FC के लिए NIT उपयोग होता है। परीक्षा में ये तीन keywords NNP numericals की backbone हैं।

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यदि \(GDP_{MP}=2100\), NFIA (=80), depreciation (=170), indirect taxes (=140), और subsidies (=50) करोड़ हैं, तो \(NNP_{FC}\) कितना होगा?

If \(GDP_{MP}=2100\), NFIA (=80), depreciation (=170), indirect taxes (=140), and subsidies (=50) crore, what is \(NNP_{FC}\)?

Explanation opens after your attempt
Correct Answer

B. ₹1920 करोड़₹1920 crore

Step 1

Concept

NIT (=140-50=90), so \(NNP_{FC}=2100+80-170-90=1920\) crore. In exams first calculate NIT and then apply all adjustments with correct signs.

Step 2

Why this answer is correct

The correct answer is B. ₹1920 करोड़ / ₹1920 crore. NIT (=140-50=90), so \(NNP_{FC}=2100+80-170-90=1920\) crore. In exams first calculate NIT and then apply all adjustments with correct signs.

Step 3

Exam Tip

NIT (=140-50=90), इसलिए \(NNP_{FC}=2100+80-170-90=1920\) करोड़। परीक्षा में पहले NIT निकालें फिर सभी adjustments सही sign से लगाएं।

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Class 12 Economics Quiz FAQs

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