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Why are only final… (Class 10 Social Science 2026, Q35)

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Social ScienceCBSE Class 10 · Board exam 2026, set 32/3/1 · 2 marks · Very short answer

CBSE Class 10 Social Science 2026: question 35

Set in the CBSE Class 10 board exam of 2026, paper 32/3/1, section D, question 35, for 2 marks. Try it first; the hints and our step-by-step solution are below.

Q35 · 2 marks · Very short answerSectors of the Indian Economy

Why are only final goods and services counted in Gross Domestic Product (GDP)? Explain.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 32/3/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Think of wheat, flour and bread.

Hint 2

Ask whether the value of flour is already inside the price of bread.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. The value of final goods already includes the value of all the intermediate goods used to make them. Counting intermediate goods again would be double counting.

    1 mark

  2. Counting only final goods and services avoids this double counting, so GDP shows the true value of production in the economy.

    1 mark

Answer: Only final goods are counted because their value already includes intermediate goods, and counting both would be double counting.

Where the marks are

  • Final value already includes intermediate goods (1 mark)
  • Avoids double counting and gives the true GDP (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Sectors of the Indian Economy, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 32/3/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.