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Class 12 · Economics

When will office stationery purchased by a producer be treated as intermediate consumption in the value-added method?

Class 12 · Economics

If a firm's sales are ₹6,50,000, opening stock is ₹70,000, closing stock is ₹95,000, and intermediate consumption is ₹2,80,000, what is GVA at market price (GVAₘₚ)?

Class 12 · Economics

In a difficult numerical question, if GVA at market price (GVAₘₚ) is given, what is the correct sequence for obtaining NVA at factor cost (NVA𝒇𝒄)?

Class 12 · Economics

Which of the following items is included while estimating current-year domestic income by the product/value-added method?

Class 12 · Economics

In the value-added method, what is counted at each stage of production?

Class 12 · Economics

If a firm's value of output is ₹3,60,000 and its Gross Value Added at Market Prices (GVAₘₚ) is ₹1,20,000, what is its intermediate consumption?

Class 12 · Economics

In the value added method, imputed rent is included in which case?

Class 12 · Economics

In the value added method, what are the raw materials and services purchased by a firm from other producers called?

Class 12 · Economics

If product tax is ₹12,000 and product subsidy is ₹18,000, what is the value of net indirect tax?

Class 12 · Economics

Why are wages not deducted from the value of output in the value added method?

Class 12 · Economics

Which item should not be deducted as intermediate cost of a producer in the value added method?

Class 12 · Economics

If a shopkeeper buys goods for ₹1,00,000 and sells them for ₹1,30,000, with other intermediate expenses of ₹8,000, what is his gross value added?

Class 12 · Economics

How is the output of a trading firm generally measured in the value added method?

Class 12 · Economics

Which of the following will not be treated as output of a producing unit?

Class 12 · Economics

What is the main reason for deducting depreciation?

Class 12 · Economics

In the value added method, which of the following is deducted from a firm's gross value of output to avoid double counting?

Class 12 · Economics

If a foreign company produces within India and creates value added, where will it be included?

Class 12 · Economics

Before adding the value added of producing units in the domestic territory, on what basis are they classified?

Class 12 · Economics

Which example correctly shows a way to avoid double counting?

Class 12 · Economics

If a school buys diesel for its bus service, what will the diesel be treated as?