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Class 12 · Economics

Why is the value added of the primary, secondary and tertiary sectors added in the production method?

Class 12 · Economics

If a firm's value of output is ₹4,80,000, GVA at market prices is ₹1,75,000, and intermediate services are ₹55,000, what is the goods input in total intermediate consumption?

Class 12 · Economics

Why are goods produced for export included in the value-added method?

Class 12 · Economics

If wages are wrongly added to a producer's intermediate consumption list, what will happen to GVA?

Class 12 · Economics

Why is money received as a gift excluded in the value-added method?

Class 12 · Economics

If the final good is valued at ₹2,40,000 and value added in the first two stages is ₹70,000 and ₹90,000 respectively, what is the value added in the final stage?

Class 12 · Economics

In the value added method, what complexity can a licence fee paid by a firm to the government create?

Class 11 · Economics

A bakery buys flour for ₹40,000, sugar for ₹12,000, and fuel for ₹8,000, and sells bread for ₹1,10,000. What is its GVA at market prices?

Class 12 · Economics

In the value added method, the distinction between final and intermediate goods depends more on what than on the physical nature of the good?

Class 12 · Economics

What is the main problem with including black-market or illegal production in official estimates under the value added method?

Class 12 · Economics

If NVA at factor cost is ₹8,00,000, depreciation is ₹90,000, and net indirect taxes are ₹50,000, what is GVA at market prices?

Class 12 · Economics

For the same cleaning-service company, how is the fee received from the factory classified?

Class 12 · Economics

A factory pays a fee to a cleaning-service company. How is this payment classified for the factory?

Class 12 · Economics

In the value added method, how is the value of materials used by a firm in its own production recorded?

Class 12 · Economics

Why is interest paid on a producer's bank loan not treated as intermediate consumption in the value added method?

Class 11 · Economics

If a country's domestic income is ₹1,800 crore and net factor income from abroad is −₹120 crore, what is its national income?

Class 12 · Economics

Which of the following is an input bought for production but is not fixed capital?

Class 12 · Economics

How is the output of a free government hospital service measured under the value-added method?

Class 12 · Economics

If the sum of the NVA at factor cost (NVA₍FC₎) of all producing units is ₹2,000 crore, what does this amount represent?

Class 12 · Economics

Why is opening stock deducted from the value of output?