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NextQ106

Estimate the value of 'Income from Property and Entrepreneurship' on the basis of the given data : S. No. | Items | Amount (in Rs. crore) (i) | Wages and salaries | 1,300 (ii) | Rent | 700 (iii) | Employer's contribution to social security schemes | 300 (iv) | Royalty | 200 (v) | Corporate tax | 100 (vi) | Interest | 350 (vii) | Consumption of fixed capital | 50 (viii) | Dividends | 150 (ix) | Savings of private corporate sector | 200

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Question 105

On the basis of the given data, estimate the value of Gross Domestic Product at Factor Cost (GDP_FC) : Explain any two precautions to be kept in mind while estimating National Income by the Income method. S. No. | Items | Amount (in Rs. crore) (i) | Private final consumption expenditure | 800 (ii) | Government final consumption expenditure | 700 (iii) | Net imports | 200 (iv) | Gross public investment | 100 (v) | Inventory investment | 50 (vi) | Gross residential construction investment | 300 (vii) | Net indirect taxes | 70 (viii) | Gross business fixed investment | 130 (ix) | Consumption of fixed capital | 20 (x) | Interest | 150 (xi) | Net factor income paid to abroad | 100

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