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NextQ81

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 Value Added 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

Introduction to National Income AggregatesStudy Simplify SpecialPYQ3SQ
Question 80

On the basis of the data given below, estimate the value of Gross National Product at Factor Cost (GNP_FC) : S.No. | Items | Amount (Rs. in crore) (i) | Wages and Salaries | 2,000 (ii) | Rent and Interest | 800 (iii) | Corporate Tax | 500 (iv) | Undistributed Profit | 300 (v) | Dividend | 200 (vi) | Depreciation | 150 (vii) | Net factor income from abroad | (–) 50

80/86
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