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Class 12 · Economics · Easy

A stock variable is related to what?

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Class 12 · Economics · Medium

A household bought a daily newspaper for reading. How will it be counted?

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Class 12 · Economics · Medium

A newspaper company bought ink for daily printing. What will be the classification of ink?

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Class 12 · Economics · Medium

A newspaper company bought a printing machine. What type of good is it?

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Class 12 · Economics · Medium

A school bought paper to print examination papers. What is this paper for the school?

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Class 12 · Economics · Medium

A private school bought smart boards to teach students. What are these smart boards?

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Class 12 · Economics · Medium

In which option would it be wrong to call the good capital merely because it is durable?

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Class 12 · Economics · Medium

In which option does the name of the good remain the same but classification changes with use?

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Class 12 · Economics · Medium

Which pair is correctly classified?

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Class 12 · Economics · Medium

An ice cream factory bought milk and flavouring materials. Which category will these materials fall into?

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Class 12 · Economics · Medium

An ice cream factory bought a refrigeration plant. What will be its correct classification?

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Class 12 · Economics · Medium

Why is a refrigerator bought for household use not called a capital good?

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Class 12 · Economics · Medium

A hostel bought rice for students' meals. What is this rice for the hostel?

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Class 12 · Economics · Medium

A grocery trader bought rice and sold it further in the same form. What is the correct classification of rice for the trader?

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Class 12 · Economics · Hard

What is the main reason for deducting intermediate consumption from output value in the value added method?

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Class 12 · Economics · Medium

If after treating a good as final good the value of its inputs is also added, what defect arises in national income?

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Class 12 · Economics · Hard

Work-in-progress remained in a manufacturing unit at the year end. What is its correct treatment?

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Class 12 · Economics · Hard

A producer kept finished goods in its warehouse at the year end. Why can it be treated as final output even without sale?

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Class 12 · Economics · Medium

A farmer bought chemical fertiliser to apply in the field. What will be the classification of fertiliser?

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Class 12 · Economics · Medium

A farmer bought an irrigation pump that will work on the farm for many years. Which category is it?

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