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Value Added Method

Class 12 Economics के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

EconomicsIf the final good has a value of ₹8,40,000 and the value added at four preceding stages is ₹1,20,000, ₹1,75,000, ₹2,10,000 and ₹95,000, what is the value added by the final seller?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17MediumEconomicsIf GVA at factor cost (GVA₍FC₎) is ₹11,80,000, production taxes are ₹70,000, product taxes are ₹1,10,000, and product subsidies are ₹55,000, what is GVA at market prices (GVA₍MP₎)?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17MediumEconomicsThe value of output is ₹32 lakh and GVA at market prices (GVAₘₚ) is ₹13.5 lakh. If intermediate services cost ₹4.2 lakh, what is the value of intermediate goods used as inputs?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17MediumEconomicsIn the value added method, what is the correct classification of an outsourced legal advisory fee for a producer?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsA firm's total receipts are ₹24,00,000 including ₹2,50,000 sale of an old asset and ₹70,000 current-year repair service income. If closing stock is ₹1,10,000 and opening stock is ₹1,60,000, what is the value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17HardEconomicsIf a firm wrongly included wages of ₹3,20,000 in intermediate consumption and calculated GVA at market prices as ₹8,40,000, what is the correct GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17HardEconomicsA producing unit has GVA at market prices ₹13,50,000, depreciation ₹1,80,000, product tax ₹1,40,000, production tax ₹60,000 and total subsidies ₹90,000. What is NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17HardEconomicsIf a firm's sales are ₹18,40,000, closing stock ₹2,80,000, opening stock ₹3,25,000, own-use finished goods ₹75,000 and intermediate consumption ₹9,60,000, what is GVA at market prices?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17HardEconomicsIn an expert-level numerical question, what is the safest sequence to calculate NVA at factor cost?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 17HardEconomicsA producer paid raw material ₹7 lakh, packing ₹1 lakh, outsourced IT service ₹2 lakh, wages ₹5 lakh and interest ₹1.5 lakh. What is intermediate consumption?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsIf a firm's GVA at market prices is known and it must be converted to national income, why is adding only that firm's NFIA not sufficient?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16HardEconomicsWhat is the biggest measurement problem due to illegal or informal production in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16HardEconomicsA firm’s GVA at market prices (GVAₘₚ) is reported as ₹10,00,000. If wages of ₹2,00,000 were mistakenly included in intermediate consumption and deducted, what should the correct GVAₘₚ be?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16HardEconomicsIf a producing unit sends finished goods worth ₹1,50,000 to its own branch and sells goods worth ₹8,50,000 in the market, how should the goods sent to the branch be treated while calculating the value of output?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsUnder the value added method, how is commission earned by a property broker in the current year on the sale of an old house treated?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16HardEconomicsA foreign-owned factory operating within domestic territory generates NVA at factor cost of ₹300 crore. In the production method, where is this amount first included?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16HardEconomicsWhat is the main purpose of adjusting stock changes in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsA final good is valued at ₹5,00,000. Value added in three earlier stages is ₹90,000, ₹1,40,000 and ₹1,10,000. What is the value added by the final seller?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsWhy are raw materials purchased by one firm from another firm treated as intermediate consumption in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16MediumEconomicsWhy are unpaid household services by family members generally excluded in the value added method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 16Medium