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1777 questions tagged with economics.
What does (C) show in GDP formula?
A. Private final consumption expenditure
(C) households के final consumption expenditure को दिखाता है। परीक्षा में consumer spending को (C) समझें। / (C) shows final consumption expenditure of households. Treat consumer spending as (C) in exams.
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What is the correct formula of GDP under expenditure method?
A. (GDP=C+I+G+(X-M))
Expenditure method में consumption, investment, government expenditure और net exports शामिल होते हैं। परीक्षा में imports को subtract करें। / Expenditure method includes consumption, investment, government expenditure and net exports. Subtract imports in exams.
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Which item can be included in GDP?
A. किसान द्वारा अपने लिए रखी गई फसल का अनुमानित मूल्यImputed value of crop kept by farmer for self-use
Self-consumed farm output marketable production है इसलिए imputed value से include हो सकता है। परीक्षा में own produced goods और unpaid services अलग करें। / Self-consumed farm output is marketable production, so it can be included through imputed value. Separate own produced goods and unpaid services.
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Why is unpaid household work generally excluded from GDP?
A. Reliable market valuation कठिन हैReliable market valuation is difficult
Unpaid household work का market value तय करना कठिन होता है। परीक्षा में non-market personal services को अलग रखें। / Market value of unpaid household work is difficult to determine. Keep non-market personal services separate.
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Which is an example of factor income in GDP?
A. भूमि का किरायाRent of land
Rent land factor का reward है इसलिए factor income है। परीक्षा में rent, wage, interest और profit को पहचानें। / Rent is a reward of the land factor, so it is factor income. Identify rent, wage, interest and profit in exams.
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Which payment will not be included in GDP?
A. बेरोजगारी भत्ताUnemployment allowance
Unemployment allowance transfer payment है। परीक्षा में productive service के बिना मिले payment को GDP में include न करें। / Unemployment allowance is a transfer payment. Do not include payments received without productive service in GDP.
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Why will dealer commission on sale of an old car be included in GDP?
A. क्योंकि यह वर्तमान सेवा हैBecause it is a current service
Dealer commission current year service income है। परीक्षा में old good value और service commission को अलग करें। / Dealer commission is current year service income. Separate old good value and service commission in exams.
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Whose full resale value is not included in GDP?
A. पुरानी कारOld car
पुरानी कार current year production नहीं है। परीक्षा में second-hand goods की full value को GDP में न जोड़ें। / An old car is not current year production. Do not add the full value of second-hand goods to GDP.
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GDP is generally calculated for which period?
A. एक लेखा वर्षOne accounting year
GDP एक accounting year में हुए output को मापता है। परीक्षा में time period को जरूर पहचानें। / GDP measures output during one accounting year. Always identify the time period in exams.
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A. प्रवाहFlow
GDP flow variable है क्योंकि यह समय अवधि में मापा जाता है। परीक्षा में income और output aggregates को flow समझें। / GDP is a flow variable because it is measured over a time period. Treat income and output aggregates as flows.
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If indirect taxes are ₹300 crore and subsidies are ₹120 crore, what is NIT?
B. ₹180 करोड़₹180 crore
NIT (=300-120=180) करोड़ होगा। परीक्षा में subsidies को indirect taxes से घटाएं। / NIT (=300-120=180) crore. Subtract subsidies from indirect taxes in exams.
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If GDPMP is ₹1800 crore and GDPFC is ₹1650 crore, what is NIT?
A. ₹150 करोड़₹150 crore
NIT (=1800-1650=150) करोड़ होगा। परीक्षा में MP और FC का difference NIT होता है। / NIT (=1800-1650=150) crore. The difference between MP and FC is NIT in exams.
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What should be done to obtain GDPFC from GDPMP?
A. NIT घटानाSubtract NIT
GDPFC (=GDPMP-NIT) होता है। परीक्षा में market price से factor cost जाते समय NIT घटाएं। / GDPFC (=GDPMP-NIT). Subtract NIT when moving from market price to factor cost.
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What is the full meaning of GDPFC?
A. साधन लागत पर सकल घरेलू उत्पादGross Domestic Product at Factor Cost
GDPFC factor cost पर measured GDP है। परीक्षा में FC को factor cost से जोड़ें। / GDPFC is GDP measured at factor cost. Connect FC with factor cost in exams.
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What is the full meaning of GDPMP?
A. बाजार कीमत पर सकल घरेलू उत्पादGross Domestic Product at Market Price
GDPMP market price पर measured GDP है। परीक्षा में MP का अर्थ market price याद रखें। / GDPMP is GDP measured at market price. Remember MP means market price in exams.
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If GDP is ₹3000 crore and NFIA is ₹150 crore, what is GNP?
B. ₹3150 करोड़₹3150 crore
GNP (=3000+150=3150) करोड़ होगा। परीक्षा में positive NFIA को GDP में जोड़ें। / GNP (=3000+150=3150) crore. Add positive NFIA to GDP in exams.
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Which adjustment is main between GDP and GNP?
A. विदेश से शुद्ध साधन आयNet factor income from abroad
GDP domestic है और GNP national है इसलिए NFIA adjustment जरूरी है। परीक्षा में (GNP=GDP+NFIA) याद रखें। / GDP is domestic and GNP is national, so NFIA adjustment is needed. Remember (GNP=GDP+NFIA).
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If GDP is ₹2500 crore and depreciation is ₹300 crore, what is NDP?
B. ₹2200 करोड़₹2200 crore
NDP (=2500-300=2200) करोड़ होगा। परीक्षा में depreciation घटाने से net domestic product मिलता है। / NDP (=2500-300=2200) crore. Subtracting depreciation gives net domestic product.
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What causes the difference between GDP and NDP?
A. मूल्यह्रासDepreciation
GDP gross है और NDP net है इसलिए अंतर depreciation से आता है। परीक्षा में (NDP=GDP-Depreciation) याद रखें। / GDP is gross and NDP is net, so the difference comes from depreciation. Remember (NDP=GDP-Depreciation).
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Which goods are taken in GDP calculation?
A. अंतिम वस्तुएंFinal goods
GDP में final goods शामिल होती हैं। परीक्षा में intermediate goods को अलग जोड़ने से double counting होती है। / Final goods are included in GDP. Adding intermediate goods separately causes double counting in exams.
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On what basis is the word domestic used in GDP?
A. आर्थिक क्षेत्र के आधार परOn the basis of economic territory
Domestic शब्द economic territory को दिखाता है। परीक्षा में domestic product को location-based concept समझें। / The word domestic indicates economic territory. Treat domestic product as a location-based concept in exams.
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What does the word gross mean in GDP?
A. मूल्यह्रास घटाने से पहलेBefore deducting depreciation
Gross का अर्थ depreciation घटाने से पहले की राशि है। परीक्षा में gross और net को depreciation से अलग करें। / Gross means the amount before deducting depreciation. Distinguish gross and net through depreciation in exams.
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What is the simplest meaning of GDP?
A. देश के घरेलू क्षेत्र में final goods and services का सकल मूल्यGross value of final goods and services in domestic territory
GDP domestic territory में final output का gross value है। परीक्षा में GDP को gross domestic final output के रूप में याद रखें। / GDP is the gross value of final output in domestic territory. In exams remember GDP as gross domestic final output.
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If only market transactions are counted in GDP, which activity may generally be missed?
A. घर में बिना भुगतान की देखभाल सेवाUnpaid care service at home
Unpaid household care service का market transaction नहीं होता। इसलिए GDP welfare का पूरा चित्र नहीं दिखाता। / Unpaid household care service has no market transaction. Therefore, GDP does not show the complete picture of welfare.
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A. 13000 करोड़13000 crore
\(NDP_{FC}=15000-1200-800=13000\) करोड़ होगा। GDP से NDP और MP से FC conversion में दोनों values घटती हैं। / \(NDP_{FC}=15000-1200-800=13000\) crore. In GDP to NDP and MP to FC conversion, both values are deducted.
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Why should (NIT), depreciation and (NFIA) be identified separately in GDP numericals?
A. क्योंकि ये MP-FC, gross-net और domestic-national conversion से जुड़े हैंBecause they relate to MP-FC, gross-net and domestic-national conversions
(NIT) valuation, depreciation gross-net और (NFIA) domestic-national conversion से जुड़ा है। इन्हें अलग रखने से sign mistakes कम होती हैं। / (NIT) relates to valuation, depreciation to gross-net and (NFIA) to domestic-national conversion. Keeping them separate reduces sign mistakes.
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When are the three methods of GDP expected to give the same result?
A. जब सही data और समान accounting basis होWhen data is correct and accounting basis is same
Product, income और expenditure methods theoretically same output को मापते हैं। Data और basis consistent हो तो results equal होने चाहिए। / Product, income and expenditure methods theoretically measure the same output. If data and basis are consistent, results should be equal.
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A. क्योंकि वे domestic production हैं जो विदेशों को बेचे गएBecause they are domestic production sold abroad
Exports घरेलू क्षेत्र में उत्पादित goods and services होते हैं। इसलिए GDP में उनका value शामिल किया जाता है। / Exports are goods and services produced within the domestic territory. Therefore, their value is included in GDP.
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What is the treatment of an imported machine bought by domestic firms in GDP?
A. Investment में दिखेगा लेकिन imports घटाकर domestic GDP को सही किया जाएगाIt appears in investment but imports are deducted to correct domestic GDP
Expenditure में imported machine investment में आ सकती है, पर (M) घटाने से foreign output हट जाता है। GDP domestic production मापता है। / An imported machine may enter investment in expenditure, but subtracting (M) removes foreign output. GDP measures domestic production.
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How can new software development be treated in GDP?
A. Current production या investment के रूप में शामिलIncluded as current production or investment
नई software creation current service or intangible investment हो सकती है। GDP current production को शामिल करता है। / New software creation can be current service or intangible investment. GDP includes current production.
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