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NextQ82

Calculate Net Value Added at Factor Cost (NVA_FC) from the following data : From the following data, estimate the value of Net Indirect Taxes : S. No. | Particulars | Amount (in Rs. Lakh) (i) | Fixed capital goods (expected life span - 5 years) | 15 (ii) | Domestic Sales | 220 (iii) | Change in stock | (-) 10 (iv) | Exports | 10 (v) | Single use producer goods | 100 (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 | (-) 10 (iii) | Gross National Product at Factor Cost (GNP_FC) | 1,300 (iv) | Consumption of fixed capital | 80

Introduction to National Income AggregatesStudy Simplify SpecialPYQ3SQ
Question 81

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

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