NextQ94

Calculate Net Value Added at Factor Cost (NVA_FC) from the following data : From the following data, estimate the value of Net Indirect Taxes (NIT) : S. No. | Particulars | Amount (in Rs. lakh) (i) | Fixed capital goods (expected life span – 5 years) | 15 (ii) | Domestic Sales | 200 (iii) | Change in stock | (–) 10 (iv) | Exports | 10 (v) | Single use producer goods | 120 (vi) | Net indirect taxes | 20 S. No. | Particulars | Amount (Rs. in crore) (i) | Net National Product at Market Price (NNP_MP) | 1,400 (ii) | Net Factor Income from abroad | (–) 20 (iii) | Gross National Product at Factor Cost (GNP_FC) | 1,300 (iv) | Consumption of fixed capital | 100

Three Methods — OverviewStudy Simplify SpecialPYQ3SQ
Question 93

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

93/107