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| MCQ Questions for Class 12 Macroeconomics Chapter 1 With Answers PDF |
MCQ Questions for Class 12 Macroeconomics Chapter 1 With Answers PDF: Multiple Choice Questions (MCQs) are a popular method of testing a student's understanding of a particular subject. They are widely used in school and college exams as they are a quick and efficient way to assess a student's knowledge.
An MCQ Questions for Class 12 Macroeconomics Chapter 1 consists of a question or statement, followed by several answer options, of which the student must choose the correct one. The answer options are usually presented as a list of possible choices, such as A, B, C or D.
MCQ Questions for Class 12 Macroeconomics Chapter 1 With Answers PDF
- Gross Domestic Product (GDP) is a measure of: a. Total income of the residents of a country b. Total consumption of goods and services by a country's residents c. Total value of final goods and services produced within a country's borders d. Total value of goods and services produced by a country's residents, regardless of location
Answer: c. Total value of final goods and services produced within a country's borders
- Gross National Product (GNP) is a measure of: a. Total income of the residents of a country b. Total consumption of goods and services by a country's residents c. Total value of final goods and services produced within a country's borders d. Total value of goods and services produced by a country's residents, regardless of location
Answer: d. Total value of goods and services produced by a country's residents, regardless of location
- National Income refers to: a. Total value of goods and services produced in a country in a year b. Total income of the residents of a country in a year c. Total value of final goods and services produced within a country's borders in a year d. Total value of goods and services produced by a country's residents, regardless of location, in a year
Answer: b. Total income of the residents of a country in a year
- Net National Product (NNP) at market price is calculated as: a. GDP - Depreciation b. GNP - Net Factor Income from Abroad c. GNP - Depreciation d. GDP + Net Factor Income from Abroad
Answer: c. GNP - Depreciation
- Gross National Disposable Income (GNDI) is calculated as: a. GNP - Depreciation b. NNP at market price + Net Factor Income from Abroad c. NNP at factor cost + Net Factor Income from Abroad d. GDP + Net Factor Income from Abroad
Answer: b. NNP at market price + Net Factor Income from Abroad
- The per capita income of a country is calculated as: a. Total National Income/Total Population b. Total Gross Domestic Product/Total Population c. Total Gross National Product/Total Population d. Total Net National Product/Total Population
Answer: c. Total Gross National Product/Total Population
- The Human Development Index (HDI) is a composite index that measures: a. Economic development of a country b. Social development of a country c. Health development of a country d. All of the above
Answer: d. All of the above
- The poverty line in India is defined as: a. A person earning less than $1.25 per day b. A person earning less than $2 per day c. A person earning less than Rs. 47 per day in rural areas and Rs. 32 per day in urban areas d. A person earning less than Rs. 32 per day in rural areas and Rs. 47 per day in urban areas
Answer: d. A person earning less than Rs. 32 per day in rural areas and Rs. 47 per day in urban areas
Benefits of MCQ Questions for Class 12 Macroeconomics Chapter 1
One of the benefits of using MCQ Questions for Class 12 Macroeconomics Chapter 1 is that they are easy to grade. The correct answer is already provided, so the teacher or exam proctor simply needs to check that the student has chosen the correct option. This makes MCQ Questions for Class 12 Macroeconomics Chapter 1 more efficient than open-ended questions, which require more time and effort to grade.
Another benefit of MCQ Questions for Class 12 Macroeconomics Chapter 1 is that they can test a wide range of knowledge, including factual information, concepts, and problem-solving skills. They can also be used to test a student's ability to apply knowledge to new situations, rather than just recall information.
Conclusion of MCQ Questions for Class 12 Macroeconomics Chapter 1 With Answers PDF
In conclusion, MCQ Questions for Class 12 Macroeconomics Chapter 1 are a popular method of testing a student's understanding of a particular subject. They are widely used in school and college exams as they are a quick and efficient way to assess a student's knowledge. But to minimize the drawbacks, it is important to write good MCQs and use a variety of question types. They can test a wide range of knowledge, including factual information, concepts, and problem-solving skills, but they should not be the only method of assessment, it's important to use different types of questions to evaluate a student's understanding of a subject.
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