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National Income Accounting
Question
Wired Faculty App

From the following information about firm x, calculate NVA at FC.
                                                                           (र in lakhs)
(i) Purchase of raw material                                   500
(ii) Gross capital formation                                     200
(iii) Subsidies                                                            60
(iv) Opening stock                                                    50
(v) Sales                                                                 800
(vi) Net capital formation                                         180
(vii) Closing stock                                                     40

Answer

NVA at FC = 800 + (40 -50) - 500 - dep. (200 - 180) + 60 = र 330 lakhs.

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Gross Investment and Net Investment

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Domestic (Economic) Territory

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National Income at Current and Constant Prices (Nominal and Real NI).

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