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National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting3 Marks
Question
Distinguish between stock and flow variables with suitable examples.
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Answer

Basis of Difference Stock Variables Flow Variables
Definition A stock variable is measured at a particular point of time. For example, bank balance as on October 01, 2010 is ₹ 5000. A flow variable is measured over an interval of time. For example, interest earned on bank deposits for 1 year, i.e. from October 01, 2009 to September 30, 2010.
Time Element They do not have an element of time attached to them. They have an element of time attached to them such as 1 year, 6 months, 10 days, etc.
Nature These are static in nature. These are dynamic in nature.
Examples Capital, Bank deposits, Water in a tank. Capital formation, Interest on Capital, Water flowing in a stream.

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