10th Standard Syllabus & Materials
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Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set C
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Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set B
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set A
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set C
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set B
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Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set A
Published on: 26/09/2019
Gross Domestic Product and its Growth: an Introduction
Download Tamil Nadu 10th Standard Social Science question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Social Science Test
1.
Give the three methods of calculating National Income.
2.
What is Gross National Product?
3.
What is Net National Product?
4.
Give three Methods of Calculating GDP
5.
Write the name of economic policies in India.
6.
What are the factors supporting to develop the Indian economy?
7.
Define the value added approach with example.
8.
What is per capita income?
9.
Distinguish between NDP and NNP.
10.
Distinguish between GDP and GNP
1.
(i) Product Method
(ii) Income Method
(iii) Expenditure Method
2.
(i) Gross National Product is the total value of (goods and services) produced and income received in a year by domestic residents of a country.
(ii) It includes profit earned from capital invested abroad.
(iii) GNP = C + I + G + (X - M) + NFIA
3.
(i) Net National Product (NNP) is arrived by making some adjustment with regard to depreciation.
(ii) Net National Product (NNP) is arrived by deducting the value of depreciation from Gross National Product.
(iii) NNP = GNP - Depreciation
4.
There are three Methods of Calculating GDP. They are,
(i) Expenditure approach
(ii) The Income approach
(iii) Value added approach
5.
Economic policies in India:
i) Agricultural policy
ii) Industrial policy
iii) New Economic policy
6.
(i) A fast-growing population of working age.
(ii) A strong legal system
(iii) Communication and information technology
7.
a) In the value added approach the value added by each intermediate goods is summed to estimate the value of the final goods.
b) The sum of the value added by all the intermediate goods used in production gives us the total value of the final goods produced in the economy.
Example:
To measure the market value of a cup of tea is, to add the value of each intermediate goods used to produce it such as tea powder, milk and sugar.
8.
Per Capita Income (PCI) or output per person is an indicator to show the living standard of people in a country. It is obtained by dividing the national income by the population of a country
\(\text {Per capita Income } = \frac { \text { National Income }}{\text { Population }} \)
9.
| S. No | Net Domestic Product (NDP) | Net National Product (NNP) |
|---|---|---|
| i) | NDP is a part of Gross Domestic Product | Net National Product (NNP) is arrived by making some adjustment with regard to depreciation. |
| ii) | Net Domestic Product (NDP) is obtained from NDP = GDP Depreciation | NNP is obtained from NNP = GNP - Depreciation |
10.
| S. No | Gross Domestic Product (GDP) | Gross National Product (GNP) |
|---|---|---|
| i) | Gross Domestic Product (GDP) is the total value of output of goods and services produced by the factors of production within the geographical boundaries of the country. | Gross National Product (GNP) is the total value of (goods and services) produced and income received in a year by domestic residents of a country. |
| ii) | Net factor income from abroad is not included. | It includes profit earned from capital invested abroad. |
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Tamilnadu Stateboard 10th Standard Subjects
Tamilnadu Stateboard Standards
