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Class 12 · Economics

A non-market government service has wage cost of ₹9 crore, intermediate consumption of ₹2 crore and depreciation of ₹1 crore. What is its value of output generally taken as?

Class 12 · Economics

A 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 12 · Economics

If only net indirect tax is deducted from GVA at market prices and depreciation is not deducted, which measure is obtained?

Class 12 · Economics

If depreciation is deducted from GVA at market prices but net indirect tax is not deducted, which measure is obtained?

Class 12 · Economics

What is the main purpose of adjusting stock changes in the value added method?

Class 12 · Economics

A 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 12 · Economics

A firm mistakenly added the sale of an old machine worth ₹2,00,000 to value of output and omitted a brokerage service worth ₹20,000. What is the net correction to value of output?

Class 12 · Economics

If an economy has primary sector NVA at factor cost of ₹1,250 crore, secondary sector NVA at factor cost of ₹1,980 crore, tertiary sector NVA at factor cost of ₹2,770 crore and NFIA of −₹150 crore, what is national income?

Class 12 · Economics

What is the correct treatment of chalk purchased by a school and teachers' salaries in the value added method?

Class 12 · Economics

If a producer buys a new truck and also buys fuel in the same year, what is the correct classification in the value added method?

Class 12 · Economics

Why are raw materials purchased by one firm from another firm treated as intermediate consumption in the value added method?

Class 12 · Economics

A producer used imported raw material of ₹2,00,000 and domestic raw material of ₹3,00,000. How much intermediate consumption will be deducted while calculating value added?

Class 12 · Economics

Why are unpaid household services by family members generally excluded in the value added method?

Class 12 · Economics

If domestic income is ₹5,500 crore, factor income from abroad is ₹340 crore and factor income paid abroad is ₹420 crore, what is national income?

Class 12 · Economics

After obtaining domestic income by the production method, which adjustment is required to get national income?

Class 12 · Economics

If a firm's closing stock is ₹45,000 less than opening stock and sales are ₹9,80,000, what is value of output?

Class 12 · Economics

Under the value-added (product) method, which of the following is included in the value added of a manufacturing unit?

Class 12 · Economics

What is the most appropriate valuation method for government non-market services in the value-added method?

Class 12 · Economics

If GVA at factor cost (GVA₍FC₎) is ₹6,75,000, product tax is ₹80,000, production tax is ₹30,000 and subsidy is ₹20,000, what is GVA at market price (GVA₍MP₎)?

Class 12 · Economics

In which situation can the same good be both intermediate and final?