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NextQ93

State any three precautions to be taken while estimating national income by income method. On the basis of the given data, estimate the value of National Income : S.No. | Items | Amount (in Rs. crore) (i) | Government Final Consumption Expenditure | 200 (ii) | Private Final Consumption Expenditure | 300 (iii) | Gross Domestic Fixed Capital Formation | 80 (iv) | Net Exports | (–) 20 (v) | Increase in Stock | 20 (vi) | Consumption of Fixed Capital | 15 (vii) | Indirect Taxes | 60 (viii) | Subsidies | 15 (ix) | Net Factor Income from Abroad | (–) 40

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Question 92

On the basis of the given data, estimate the value of National Income : State any three precautions to be taken while estimating National Income by Expenditure Method. S.No. | Items | Amount (in Rs. crore) (i) | Government Final Consumption Expenditure | 110 (ii) | Private Final Consumption Expenditure | 200 (iii) | Gross Domestic Fixed Capital Formation | 30 (iv) | Net Exports | (-) 40 (v) | Increase in Stock | 20 (vi) | Consumption of Fixed Capital | 15 (vii) | Indirect Taxes | 60 (viii) | Subsidies | 15 (ix) | Net Factor Income from Abroad | (-) 40

92/107
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