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Class 12 · Economics

If a producer pays ₹3,00,000 for raw materials, ₹90,000 as rent, ₹2,20,000 as wages and ₹50,000 for electricity input, what amount is treated as intermediate consumption?

Class 12 · Economics

While estimating the current year’s GDP by the product method, which of the following is included?

Class 12 · Economics

Why is imputed rent of an owner-occupied house included in the value-added method?

Class 12 · Economics

A factory pays ₹40,000 for outsourced security services. The security company pays guard wages of ₹28,000 and purchases uniforms costing ₹4,000. What is the security company’s GVA at market price (GVA₍MP₎)?

Class 12 · Economics

In a multistage production process, a farmer’s value added is ₹32,000, a mill’s is ₹18,000, a bakery’s is ₹25,000 and a retailer’s trade margin is ₹15,000. What is the value of the final good?

Class 12 · Economics

If NVA at factor cost (NVA₍FC₎) is ₹12,40,000, depreciation is ₹1,60,000 and net indirect tax is ₹−45,000, what is GVA at market price (GVA₍MP₎)?

Class 12 · Economics

Why is the principal amount of a bank loan taken by a producer not included in the value added method?

Class 12 · Economics

A firm's total receipts are ₹18,00,000, including ₹1,20,000 from the sale of an old machine and ₹80,000 from a current-year brokerage service. If the remaining receipts are sales of current output, closing stock is ₹50,000 and opening stock is ₹90,000, what is the value of output?

Class 12 · Economics

If a trader buys goods for ₹5,20,000, sells them for ₹6,10,000, and spends ₹18,000 on storage and ₹12,000 on advertising services, what is his GVA at market price?

Class 12 · Economics

Which combination is most accurate for avoiding double counting in the value added method?

Class 12 · Economics

An industry has GVA at market price of ₹9,60,000, depreciation of ₹1,10,000, production tax of ₹90,000, product tax of ₹70,000, and production subsidy of ₹50,000. What is NVA at factor cost?

Class 12 · Economics

If a unit has sales of ₹14,50,000, closing stock of ₹2,10,000, opening stock of ₹1,75,000, own-use output of ₹60,000, and intermediate consumption of ₹8,25,000, what is its GVA at market price?

Class 12 · Economics

What is the correct final step in the value added method when the objective is to find national income?

Class 12 · Economics

If NVA at factor cost of the secondary sector is ₹850 crore and of the tertiary sector is ₹1,150 crore, and total domestic income is ₹2,700 crore, what is NVA at factor cost of the primary sector?

Class 12 · Economics

If a company used finished goods worth ₹3,00,000 for itself and sold ₹9,00,000 in the market, how will own-use be treated in value of output?

Class 12 · Economics

Why are a producing unit's total receipts and value of output not always the same in the value added method?

Class 12 · Economics

If government subsidy is greater than indirect taxes, how will GVA at factor cost compare with GVA at market prices?

Class 12 · Economics

Which of the following is an example of a current-year production service in the value-added method?

Class 12 · Economics

If intermediate consumption is mistakenly added to the value of output, what will be the effect on value added?

Class 12 · Economics

If GVA at market prices is treated as national income without deducting depreciation, what error occurs?