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1777 questions tagged with economics.
A. Current prices पर GDPGDP at current prices
Nominal GDP current prices पर measured GDP है। परीक्षा में nominal को current price से जोड़ें। / Nominal GDP is GDP measured at current prices. In exams connect nominal with current price.
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GDP at constant prices is measured at which prices?
A. आधार वर्ष की कीमतों परAt base year prices
Constant price GDP base year prices पर मापा जाता है। परीक्षा में real GDP को constant prices से जोड़ें। / Constant price GDP is measured at base year prices. Link real GDP with constant prices in exams.
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GDP at current prices is measured at which prices?
A. वर्तमान वर्ष की कीमतों परAt current year prices
Current price GDP वर्तमान वर्ष की prices पर मापा जाता है। परीक्षा में current और constant prices का अंतर समझें। / Current price GDP is measured at current year prices. Understand the difference between current and constant prices in exams.
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Is depreciation deducted in GDP?
A. नहीं, GDP gross measure हैNo, GDP is a gross measure
GDP में depreciation घटाया नहीं जाता। परीक्षा में depreciation घटाने पर NDP मिलता है। / Depreciation is not deducted in GDP. In exams deducting depreciation gives NDP.
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Why is GDP not considered a perfect measure of welfare?
A. क्योंकि यह distribution और non-market factors पूरी तरह नहीं दिखाताBecause it does not fully show distribution and non-market factors
GDP output बताता है पर welfare के सभी पहलू नहीं दिखाता। परीक्षा में welfare questions में limitations याद रखें। / GDP shows output but not all aspects of welfare. Remember limitations in welfare questions.
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GDP indicates which aspect of a country's economy?
A. घरेलू उत्पादन का आकारSize of domestic production
GDP economy के domestic output size को दिखाता है। परीक्षा में GDP को welfare का complete measure न मानें। / GDP shows the size of domestic output of an economy. Do not treat GDP as a complete measure of welfare in exams.
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Why is factor income earned abroad by an Indian resident not directly included in GDP?
A. क्योंकि GDP domestic territory पर आधारित हैBecause GDP is based on domestic territory
GDP में देश की economic territory के भीतर production लिया जाता है। परीक्षा में विदेश से आय को NFIA में देखें। / GDP takes production within the country's economic territory. In exams see income from abroad under NFIA.
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Will production of a foreign company within domestic territory be included in GDP?
A. हां, क्योंकि यह domestic territory में हुआYes because it occurred in domestic territory
GDP domestic territory में हुए production को शामिल करता है। परीक्षा में ownership नहीं, location पर ध्यान दें। / GDP includes production within domestic territory. In exams focus on location, not ownership.
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If imports are greater than exports, how will net exports be?
B. ऋणात्मकNegative
Imports अधिक होने पर (X-M) negative होता है। परीक्षा में import को subtract करना न भूलें। / When imports are greater, (X-M) is negative. Do not forget to subtract imports in exams.
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If exports are greater than imports, how will net exports be?
A. धनात्मकPositive
Exports अधिक होने पर (X-M) positive होता है। परीक्षा में net exports के sign को ध्यान से देखें। / When exports are greater, (X-M) is positive. In exams check the sign of net exports carefully.
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If (C=500), (I=200), (G=150), (X=100), and (M=50) crore, what is GDP?
A. ₹900 करोड़₹900 crore
GDP (=500+200+150+(100-50)=900) करोड़। परीक्षा में net exports को अलग से निकालकर जोड़ें। / GDP (=500+200+150+(100-50)=900) crore. In exams calculate net exports separately and then add.
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What does (X-M) mean in expenditure method?
A. शुद्ध निर्यातNet exports
(X-M) exports minus imports यानी net exports है। परीक्षा में imports को घटाया जाता है यह याद रखें। / (X-M) means exports minus imports, or net exports. Remember that imports are subtracted in exams.
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What does (G) mean in the expenditure method of GDP?
A. सरकारी अंतिम उपभोग व्ययGovernment final consumption expenditure
(G) government final consumption expenditure को दर्शाता है। परीक्षा में सरकारी खरीद और सेवाओं को (G) से जोड़ें। / (G) denotes government final consumption expenditure. Link government purchases and services with (G) in exams.
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What does (I) represent in the expenditure method of GDP?
A. निवेशInvestment
(I) investment को दर्शाता है। परीक्षा में capital formation और inventories को investment से जोड़कर समझें। / (I) represents investment. In exams link capital formation and inventories with investment.
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What does (C) mean in the expenditure method of GDP?
A. निजी अंतिम उपभोग व्ययPrivate final consumption expenditure
(C) private final consumption expenditure को दर्शाता है। परीक्षा में household consumption को (C) से जोड़ें। / (C) denotes private final consumption expenditure. Link household consumption with (C) in exams.
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Which is the simple formula of GDP under expenditure method?
A. (GDP = C + I + G + (X-M))
Expenditure method में consumption, investment, government expenditure और net exports जोड़े जाते हैं। परीक्षा में (X-M) को net exports समझें। / In expenditure method consumption, investment, government expenditure and net exports are added. In exams understand (X-M) as net exports.
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Why are wages included in GDP?
A. क्योंकि यह उत्पादन सेवा का भुगतान हैBecause it is payment for productive service
मजदूरी श्रम की productive service का reward है। परीक्षा में factor payments को income method में पहचानें। / Wages are the reward for productive service of labour. Identify factor payments under income method in exams.
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Which payment is generally a transfer payment?
A. छात्रवृत्तिScholarship
Scholarship transfer payment है क्योंकि इसके बदले productive service नहीं मिलती। परीक्षा में wages rent profit को factor income समझें। / Scholarship is a transfer payment because no productive service is received in return. Treat wages rent and profit as factor income.
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Why are transfer payments not included in GDP?
A. क्योंकि इनके बदले current production नहीं होताBecause there is no current production in return
Transfer payments के बदले कोई वर्तमान उत्पादक सेवा नहीं मिलती। परीक्षा में pension और scholarship को factor income से अलग रखें। / No current productive service is received in return for transfer payments. Keep pension and scholarship separate from factor income.
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Why is unpaid household service done at home generally not added in GDP?
A. क्योंकि उसका market valuation कठिन हैBecause its market valuation is difficult
Unpaid household services का reliable market value तय करना कठिन होता है। परीक्षा में non-market personal services को अलग रखें। / Reliable market value of unpaid household services is difficult to determine. Keep non-market personal services separate in exams.
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Which service will be included in GDP?
A. भुगतान वाली डॉक्टर consultationPaid doctor consultation
Paid doctor consultation वर्तमान उत्पादक सेवा है इसलिए GDP में शामिल होगी। परीक्षा में paid market services को include करें। / Paid doctor consultation is a current productive service, so it is included in GDP. Include paid market services in exams.
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Why are intermediate goods not added separately in GDP?
A. दोहरे गणना से बचने के लिएTo avoid double counting
Intermediate goods final goods के मूल्य में शामिल होती हैं। परीक्षा में double counting से बचने के लिए final goods लें। / Intermediate goods are included in the value of final goods. Take final goods to avoid double counting in exams.
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Why can broker commission on sale of old goods be included in GDP?
A. क्योंकि यह चालू वर्ष की सेवा हैBecause it is current year service
Broker commission वर्तमान वर्ष की सेवा आय है। परीक्षा में old good value और service charge का अंतर समझें। / Broker commission is service income of the current year. Understand the difference between old good value and service charge.
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Why is the full sale price of old goods not added in GDP?
A. क्योंकि वह चालू वर्ष का उत्पादन नहीं हैBecause it is not current year production
पुराने सामान का उत्पादन पहले ही गिना जा चुका होता है। परीक्षा में second-hand goods की full value include न करें। / Old goods were already counted when produced earlier. Do not include the full value of second-hand goods in exams.
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B. प्रवाहFlow
GDP एक flow है क्योंकि यह समय अवधि में मापा जाता है। परीक्षा में output और income को flow variables मानें। / GDP is a flow because it is measured over a time period. In exams treat output and income as flow variables.
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GDP measures production during which period?
A. एक लेखा वर्षOne accounting year
GDP सामान्यतः एक लेखा वर्ष में हुए उत्पादन को मापता है। परीक्षा में income aggregates को period based flow समझें। / GDP generally measures production during one accounting year. Treat income aggregates as period-based flows in exams.
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What is added to GDPFC to derive GDPMP?
A. NIT
GDPMP (= GDPFC + NIT) होता है। परीक्षा में factor cost से market price जाते समय NIT जोड़ें। / GDPMP (= GDPFC + NIT). In exams add NIT when moving from factor cost to market price.
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If GDPMP is ₹900 crore and NIT is ₹80 crore, what is GDPFC?
B. ₹820 करोड़₹820 crore
GDPFC (=900-80=820) करोड़ होगा। परीक्षा में MP से FC जाते समय net indirect taxes घटाएं। / GDPFC (=900-80=820) crore. In exams subtract net indirect taxes while moving from MP to FC.
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What is subtracted from GDPMP to derive GDPFC?
A. शुद्ध अप्रत्यक्ष करNet indirect taxes
GDPFC (= GDPMP - NIT) होता है। परीक्षा में market price से factor cost जाते समय NIT घटाएं। / GDPFC (= GDPMP - NIT). In exams subtract NIT when moving from market price to factor cost.
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What does GDP at factor cost mean?
A. साधन लागत पर सकल घरेलू उत्पादGross Domestic Product at factor cost
GDPFC का अर्थ factor cost पर gross domestic product है। परीक्षा में FC को factor payments से जोड़कर याद रखें। / GDPFC means gross domestic product at factor cost. Remember FC by linking it with factor payments.
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