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Md kashif hayat

तुम तो थे ,चाँद आस्मां के कभी ,
 क्यो चले आये खुद को जमी पर लेकर,

#हयात

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Md kashif hayat

तुम तो थे ,चाँद आस्मां के कभी ,
 क्यो चले आये खुद को जमी पर लेकर,

#हयात

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Part 7 Economics PI, PDI, PCI, GCF ,GDP By Md kashif hayat

1 Define personal income ?

Ans = It is the sum of all the incomes received by all the households during a given period say financial year. 

2 Mathematical formula for personal income is ?

Ans ,PI = NI + income received but not earned - income earned but not received

3 What is PDI define it ?

Ans = measures the after-tax income of persons and nonprofit corporations.

Or

 If the personal tax payments and Non tax payments are deducted from personal income PDI is obtained. 

4 Define mathematical formula for PDI ?

Ans = PI - Personal tax payments - Non tax payments 

5 What is the full form of PCI ?

Ans = Per capita income 

6 Define PCI ?

Ans = It is generally calculated by dividing the total national income ( GDP)  by total population.It serve as an indicator of a country's living standard. 

( Note = It is not the average income because it includes working and non working peoples and child.) 

7 Define GDP deflator/Implicit price deflater ?

Ans = The GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy in a financial year.

8 What is the mathematical formula for GDP price deflater ? 

Ans = GDP price deflater = ( Nominal GDP / Real GDP)*100

9 What is the full form of GCF ?

Ans = Gross Capital formation 

10 Define GCF ?

Ans = It is defined as the new investment addition to the fixed assets, plus the net change in inventions. 

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Part 6 Economics Some important Organization and terms by Md kashif hayat

1 What is the full form of PI ?

Ans = Personal income 

2 What is the full form of PDI ?

Ans = Personal Disposable income 

3 What is the full form of PCI ? 

Ans = Per Capita income 

4 what is the full form of GCF ? 

Ans = Gross capital formation 

5 What is the full form of IFI ? 

Ans = international financial institution 

6 what is the full form of IBRD ? 

Ans = The international bank for reconstruction and development 

7 What is the full form of IDA ? 

Ans  = The international development association 

8 What is the full form of IFC? 

Ans = The international finance corporation 

9 What is the full form of MIGA ? 

Ans = The multilateral investment guarantee agency 

10 What is the full form of ICSID ? 

Ans = The international center for settlement of Investment disputes 

11 What is the full form of IMF ? 

Ans = International Monetary fund 

12 What is the full form of AIIB ?

Ans = Asian infrastructure investment bank 

13 What is the full form of ADB ? 

Ans = Asian Development Bank 

14 What is the full form of NDB ?

Ans = New development bank 🏦 

© Md kashif hayat 

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Part 5 Economics NDP and NNP questions and answers Md kashif hayat

1 What is the full form of NDP? 

Ans = Net domestic products 

2 what is NDP? 

Ans = The net domestic product (NDP) equals the Gross Domestic product (GDP) minus depreciation  on a country's capital goods ( source Wikipedia) 

3 What is the mathematical formula for NDP? 

Ans =NDP= GDP - D 

4 Define depreciation in economics? 

Ans. Due to use or wear and tear when the monetary value of an assets decreases with passing time is known as depreciation. 

5 Define the full form of NNP? 

Ans = Net national product

6 What is NNP? 

Ans = The value of all finished Goods and services produced by a country's citizens in foreign territory and within the territory of own country is known as NNP. 

7 which term is technically treated as national income? 

Ans = NNP 

8 what is the mathematical formula for NNP? 

Ans = GNP - D ( depreciation) 

© Md kashif hayat 

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Economy part 4 Important Question on NFFI

1 What is NFFI ? 

Ans = Difference between a nations  GNP-GDP

2 Which is calculated as the difference between the total amount that a country's citizens + company earn abroad, and the total sum of amount that the foreign citizens +companies Eran in the country 

Ans = NFFI 

3 what is the full form of NFFI?  

Ans = Net foreign factor income 

4 In mathetical term NFFI? 

Ans= NFFI = GNP-GDP. 

5 What is the full form of BEA? 

Ans = Bureau of economic analysis 

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Economy part 3 Important questions on GNP by Md kashif hayat

1.What is the full form of GNP? 

Ans= Gross National Product

2 How can GNP be calculated? 

Ans= It can be calculated by the total value of all the final products and services produced in a given period by a countrys resident. 

3 What is Net Exports? 

Ans= It is the difference between what a country exports ( X) - any imports ( M) of goods and services produced within a financial year. 

Note = GNP is final Goods produced by the citizen of a country irrespective of where they produced. 

4 Define the formula of GNP? 

Ans= GNP=GDP+NFFI ( X-M)  

here, X = Income from abroad, M= foreigners income from India 

NFFI = Net foreign factor income 

5 Define NFFI? 

Ans = it is the difference between a nations GNP and GDP 

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part 2 Important economy Questions and answers on GDP by Md kashif hayat

1 Define GDP 

Ans = It is the market value of all final goods and services produced within a financial year by factors of production located within a country, or simply total market values of country output. 

2 How can GDP be estimated? 

Ans = GDP can be estimated at both factor cost and market price. 

3 What is factor cost? 

Ans= It is the price of commodity from producer side. 

4 What is market price? 

Ans = When indirect taxes imposed on commodity it is called market price. 

5 Define the formula of factor cost? 

Ans = FACTOR COST = MARKET COST + SUBSIDIES - INDIRECT TAXES 

6 define the formula for Market cost? 

Ans = FACTOR COST - SUBSIDIES + INDIRECT TAXES 

7 Define the formula for GDP? 

Ans = GDP = C ( consumption expenditure of households)  + GI ( gross investment by firms)  + G ( Government expenditure)  + ( X-M)  ( Value of exports - value of imports) 

or GDP=C+GI+G+(X-M) 

© Md kashif hayat 

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10 Important economy mcq on National income part 1 Md kashif hayat

1 Financial year start and end on? 

Ans = 1 April to 31st March 

2 Which is used to measure the size of economy and level of country's economic performance. 

Ans = National income 

3 Which is used to make international comparison of people's living standerds? 

Ans = National income 

4 Important methods for calculating national Income is? 

Ans= GDP, GNP, NDP, PDI

5 Total money value of all final goods and services produced in a financial year is known as? 

Ans = National income

All rights reserved © Md kashif hayat 

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important psychology mcq part 42 Md kashif hayat

96.Who opened the first laboratory of Psychology and where ? – William Wundt

97. IQ of an average student – (90- 110)

98. Theory of Connectionism/S-R theory / Trial and Error theory – Thorndike

99.who invented the method of deductive reasoning – Aristotle

100.Who invented inductive method – Roger Bacon

101. Personality test by questionnair- woodworth

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Important psychology mcq part 41 Md kashif hayat

91.Who First used the word mental age – Alfred Binet

92.Factor analysis was introduced by – Spearman

93.Who first found the formal of IQ – Lewis Terman

94. Who first coined the term IQ – William sterm

95.Positive, negative and Zero transfer of learning is given by – Edward Lee Thorndike

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Important psychology mcq part 40 Md kashif hayat

86.Social development will help in – Social adjustment

87.Ability is transmitted in human by – Gene

88. Hierarchy of needs given by – Abraham Maslow

89. Psychology came from – Philosophy (Greek)

90.Both X an Y Chromosome are found in – Male Cells

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Important psychology mcq part 39 Md kashif hayat

81.Learning through experience is given by – Jhon Dewey

82. Three – dimensional theory of intelligence – Guilford

83.Concept of vicarious learning/ social learning theory – Albert Bandura

84. Sudden development in adolescence – Stanley Hall

85.Hierarchy of learning is given by – Gaga

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Important psychology mcq part 38 Md kashif hayat

76. Micro-Teaching is invented by – Dwight w. Allen

77.Psychology deal with human – Feeling

78.Psychology seeks to study all – Social activities

79.Experiential learning is given by – David Kolb

80.The book “ Growth of the Mind” is written by – koffka

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important psychology part 37 Md kashif hayat

71.Theory related to sex is propounded by – Freud

72.Action theory is given by – Weber

73.Hunger, thirst & sex are – Physiological needs

74.Action research is given by – Kurt Lewin

75. IEDC stands for – Integrated Education for Disabled Children

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important psychology mcq part 36 Md kashif hayat

66.Who has founded behaviorism – Wundt

67. Lecture method is given by – Aristotle

68. What are Thorndike’s main law of learning – Law readiness, Law of exercise, Law of effect

69.Dialectic Method is given by – Plato

70. Nursery Method is given by – Maria Montessori

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Important psychology mcq part 35 Md kashif hayat

61.” John Dewey”, an educationist, belong to – Pragmatism

62.Psychoanalysis was founded by – Freud

63.Question answer method is given by – Socrates

64.“ The act of teaching or training” means – Educere

65.Who propounded the theory of psychoanalysis – Sigmund Freud

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Important psychology mcq part 34 Md kashif hayat

56.The Law of effect was developed by – Thorndike

57.Project method is given by – W.H . Kilpatrick

58.Expectancy theory is a theory of – Motivation

59.The famous book “ Beyond Freedom and Dignity” is written by – Skinner

60. Play and Drama method is given by – Moreno

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PART 5 PSYCHOLOGY, JEAN PIAGET by Md kashif hayat

1  Jean Piaget interested mainly in which field of psychology ?

Ans = Jean Piaget interested  in  the  process of the qualitative development of the knowledge and also interested in the field of genetic epistemology 

2 Equilibration of Cognitive Structures is a book written by whom ? 

Ans = Jean Piaget 

3  Genetic Epistemology is a book written by whom ? 

Ans = Jean Piaget 

4 What are the four development stages described by Jean Piaget ?

1 Sensorimotor stage 

2 Preoperational stage

3 Concrete operational

4 Formal operational stage

5 What is the time period for sensorimotor stage according to Jean Piaget? 

Ans =  from  birth  to two year of age. ( during this stage children are extremely egocentric )

6 What is the age period in which child reflexes. 

And =birth to one month old

7 Habit and circular reactions occurs at what age in child according to Jean Piaget ?

Ans = Habit and circular reactions from one month's to four months old ex. Suppose if we give something to child it will suck that or sucking of thumb is a good example. 

8 According to Jean Piaget which special quality generate in child of age between 4-8 months. 

Ans = At the age of 4-8 months children  became aware of things .

9 What is coordination of secondary circular reactions and when it occurs ? 

* It occurs between the age of 8-12 months during this time children try to do things intentionally. 

10 What is Tertiary  circular  reaction and when it occurs ?

Ans = Curiosity to do new things ,learning language and to explore possibilities between the age of 12-18 months is called tertiary circular reactions .

11 What is preparational stage stated by Jean Piaget and When it occurs ?

Ans = Mainly children cannot manipulate information and they easily belief in things like magical steps along with this child also face difficulty judging other viewpoints. 

12 Define symbolic Function stage and it's time period in children ? 

Ans = It's time period is between 2-4 years during this time children  find  themselves  using symbol to represent physical models like family drawing etc.

13 In which substage of development theory of Jean Piaget children become curious and ask many questions ?

Ans = Intuitive  Thought  Substage between  about  the  ages  of 4-7 children  show curiousness and ask  many  questions.

14 What is concrete operational stage and what is it's time period ? 

Ans = It's duration is around 7-11 years of age during this time period children became more aware of logic and conservations. 

15 What is formal operational stage and what is it's time period as per the Jean Piaget ?

Ans = Children at this stage became able to think abstractly and utilize metacognition and these all happens between the age of 11-16 years onwards. 

© Md kashif hayat 

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