Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting
Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting is an online chapter test in the Bihar Board Class 12 Arts pattern, covering National Income Accounting. Attempt it on SeatBeat with a timer like the real exam, then see a detailed solution for every question and your score and weak-topic analysis.
Topics in this test
| Topic | Questions |
|---|---|
| National Income Accounting | 30 |
Difficulty: 8 medium · 22 hard
National Income Accounting MCQ questions with answers
The first 3 of 30 questions. Unlock the series for the rest, each with a solution.
Q1. Private income = ₹1500, corporation tax = ₹100, undistributed profit (retained earnings) = ₹150 and direct personal taxes = ₹120. The Personal Disposable Income is:
निजी आय (Private income) = ₹1500, निगम कर (corporation tax) = ₹100, अवितरित लाभ (retained earnings) = ₹150 और प्रत्यक्ष व्यक्तिगत कर = ₹120 है। व्यक्तिगत प्रयोज्य आय (Personal Disposable Income) है:
- A. ₹1250
- B. ₹1030
- C. ₹1130
- D. ₹1230
Solution
Personal income = 1500 − 100 − 150 = 1250; Personal disposable income = 1250 − 120 (direct personal taxes) = 1130.
व्यक्तिगत आय = 1500 − 100 − 150 = 1250; व्यक्तिगत प्रयोज्य आय = 1250 − 120 (प्रत्यक्ष व्यक्तिगत कर) = 1130।
Q2. In a simple two-sector economy, households supply factor services to firms. In return, firms pay the households:
एक सरल दो-क्षेत्रक अर्थव्यवस्था में, परिवार (households) फर्मों को साधन सेवाएँ प्रदान करते हैं। बदले में, फर्में परिवारों को देती हैं:
- A. Factor payments (rent, wages, interest and profit) / साधन भुगतान (किराया, मज़दूरी, ब्याज और लाभ)
- B. Subsidies / आर्थिक सहायता (subsidies)
- C. Transfer payments / हस्तांतरण भुगतान
- D. Indirect taxes / अप्रत्यक्ष कर
Solution
For supplying factor services (land, labour, capital, enterprise), households receive factor payments such as rent, wages, interest and profit.
साधन सेवाएँ (भूमि, श्रम, पूँजी, उद्यम) प्रदान करने के लिए परिवारों को किराया, मज़दूरी, ब्याज और लाभ जैसे साधन भुगतान प्राप्त होते हैं।
Q3. While estimating national income by the income method, which of the following should NOT be included?
आय विधि (income method) द्वारा राष्ट्रीय आय का आकलन करते समय, निम्नलिखित में से किसे शामिल नहीं किया जाना चाहिए?
- A. Expenditure on intermediate goods / मध्यवर्ती वस्तुओं पर व्यय
- B. Profit / लाभ
- C. Compensation of employees / कर्मचारियों का पारिश्रमिक
- D. Rent / किराया
Solution
The income method adds up factor incomes like compensation of employees, rent and profit; expenditure on intermediate goods is not a factor income and is excluded to avoid double counting.
आय विधि में कर्मचारियों का पारिश्रमिक, किराया और लाभ जैसी साधन आयों को जोड़ा जाता है; मध्यवर्ती वस्तुओं पर व्यय एक साधन आय नहीं है और दोहरी गणना से बचने के लिए इसे शामिल नहीं किया जाता।
Frequently asked questions
How many questions are in the Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting?
30 questions for 30 marks, to be answered in 20 minutes.
Is there negative marking in the Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting?
No — wrong answers are not penalised in this test.
Which topics does the Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting cover?
National Income Accounting (30 questions).
Is the Bihar Board Class 12 Arts Economics · Ch 2: National Income Accounting free?
It is part of the BSEB Class 12 Arts Test Series 2027 — Chapter-wise + Full Tests (20 tests, ₹149). You can first try Hindi · Ch 1: Chandradhar Sharma Guleri for free.
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