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National Income Accounting
Question
Wired Faculty App

From the following data relating to a firm, calculate net value added at FC.
                                                                                 (र in crores)
(i) Subsidy                                                                     40
(ii) Sales                                                                        800
(iii) Depreciation                                                              30
(iv) Exports                                                                    100
(v) Closing stock                                                             20
(vi) Opening stock                                                          50
(vii) Intermediate purchases                                          500
         

Answer

NVA at FC = 800 + 20 - 50 - 500 + 40 - 30 = र 280 crores. (Exports are a part of sale.)

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Some More Questions From National Income Accounting Chapter

Distinguish between microeconomics and macroeconomics. Give an example of showing the difference between microeconomics and macroeconomics.

Briefly explain the following basic concepts related to NI:
 National Income (NI).

Briefly explain the following basic concepts related to NI:
Final Goods and Intermediate Goods. 

Briefly explain the following basic concepts related to NI:
Consumption Goods and Capital Goods

Briefly explain the following basic concepts related to NI:
Flow and Stock Concepts

Briefly explain the following basic concepts related to NI:
Gross Investment and Net Investment

Briefly explain the following basic concepts related to NI:
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Briefly explain the following basic concepts related to NI:
Normal Residents

Briefly explain the following basic concepts related to NI:
National Income at Current and Constant Prices (Nominal and Real NI).

Briefly explain the following basic concepts related to NI:
Consumption of Fixed Capital (Depreciation).