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Class 12 · Economics

In the production method, NVA at factor cost generated within India’s domestic territory by a foreign company is first added to what?

Class 12 · Economics

What error in the value-added method can result from an incorrect adjustment for change in inventories?

Class 12 · Economics

If 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 12 · Economics

A value of output wrongly includes ₹3,40,000 sale of an old machine and omits ₹55,000 current-year installation service. What is the net correction for correct value of output?

Class 12 · Economics

If primary sector NVA at factor cost is ₹2,350 crore, secondary sector NVA is ₹3,140 crore, tertiary sector NVA is ₹4,510 crore and NFIA is ₹220 crore, what is national income?

Class 12 · Economics

What is the correct treatment of chemicals used in a school laboratory and teachers' salaries in the value added method?

Class 12 · Economics

How will a new server computer and internet data pack used in the same year be classified in the value added method?

Class 12 · Economics

Under the value added method, which of the following would be included in the domestic product of the current year?

Class 12 · Economics

If a producer uses imported raw material ₹4,50,000, domestic raw material ₹2,75,000 and outsourced service ₹60,000, what will be intermediate consumption?

Class 12 · Economics

Why is unpaid cooking service by a family member at home not included in the value added method?

Class 12 · Economics

If domestic income is ₹8,250 crore, factor income received from abroad ₹620 crore and factor income paid abroad ₹780 crore, what is national income?

Class 12 · Economics

Why is NFIA used to move from domestic income to national income?

Class 12 · Economics

If closing stock is ₹1,15,000 more than opening stock and sales are ₹12,75,000, what is value of output?

Class 12 · Economics

The 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 12 · Economics

In the value added method, what is the correct classification of an outsourced legal advisory fee for a producer?

Class 12 · Economics

A 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 12 · Economics

If 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 12 · Economics

A 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 12 · Economics

If 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 12 · Economics

In an expert-level numerical question, what is the safest sequence to calculate NVA at factor cost?