NCERT Class 12 Economics Chapter 2 Nationa L Income Accounting Test Mock Test
This free online test covers Chapter 2, Nationa L Income Accounting, from the NCERT Class 12 Introductory Macroeconomics textbook. The 30 questions are written directly from the chapter — definitions, processes, worked examples and the points the book italicises — so a score here tells you how much of the chapter actually stuck, not how well you guess. Each answer carries an explanation that says why the right option is right and why the other three fail, which is where most of the learning happens. Attempt it after your first read of the chapter, then again before the exam. There is no negative marking, and you can review the full solution the moment you submit.
Duration
30 mins
Questions
30 MCQs
Total Marks
30 pts
Negative
0 per wrong
Topics Covered in This Paper
Sample Questions
Q1.A final good is defined in the chapter as one that:
- AIs never transformed in any way after it is bought
- BIs used by another producer as a raw material input
- CIs meant for final use and will not pass through any more stages of production or transformation at the hands of any producer
- DHas been produced without the use of any intermediate goods
Q2.Capital goods are distinguished from consumption goods in that capital goods:
- AAre intermediate goods used up entirely within a single production cycle
- BAre the only final goods that undergo wear and tear
- CAre consumed as soon as they are purchased by their ultimate consumers
- DAre durable goods used in the production process which make production of other commodities feasible without themselves being transformed in that process
Q3.Intermediate goods are excluded from the measure of aggregate output because:
- AIntermediate goods cannot be valued in money terms
- BIntermediate goods are of no importance to the production process
- CThe value of the final goods already includes the value of the intermediate goods that entered their production, so counting them separately would lead to the error of double counting
- DNo manpower or capital stock is engaged in producing intermediate goods
Before you begin
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Each correct answer carries +1 marks.
Each wrong answer carries -0 marks.
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Disclaimer: The questions provided here are extracted and digitized from previous year papers using automated processes. They may contain typographical errors, formatting issues, or minor variations from the actual examination paper. While we have done our best to verify the accuracy of the official answer keys, discrepancies may occasionally exist. Please refer to the official commission website for the most authentic paper.
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FAQ
Frequently asked questions
Frequently Asked Questions
- How many questions are in the NCERT Class 12 Economics Chapter 2 Nationa L Income Accounting Test mock test?
- This paper has 30 multiple-choice questions carrying 30 marks in total, to be attempted in 30 minutes.
- Is the NCERT Class 12 Economics Chapter 2 Nationa L Income Accounting Test mock test free to attempt?
- Yes. You can attempt the full paper online for free on AI Test Planet, and see your score and correct answers immediately after submitting.
- Does this paper have negative marking?
- No, there is no negative marking on this paper, so an attempted guess costs you nothing.
- Are solutions and explanations available?
- Yes. After you submit, every question shows the correct answer with a step-by-step explanation, along with a topic-wise breakdown of your performance.