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National Income Accounting

Question

From the following data calculate 'net value added at factor cost'.
(र in crore)
(i) Purchase of intermediate goods 500
(ii) Sales 750
(iii) Import of raw material 50
(iv) Depreciation 60
(v) Net indirect taxes 100
(vi) Change in stock (-) 30
(vii) Exports 20

Answer

Net value added at FC = (ii) + (vi) - (i) - (iv) - (v)
= 750 + (-30) - 500 - 60 - 100 = 60 crore.
(Note: Sales include exports and purchase of intermediate goods includes imports.)

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Some More Questions From National Income Accounting Chapter

From the following data calculate 'net value added at factor cost'.
(र in crore)
(i) Purchase of intermediate goods 500
(ii) Sales 750
(iii) Import of raw material 50
(iv) Depreciation 60
(v) Net indirect taxes 100
(vi) Change in stock (-) 30
(vii) Exports 20

Some More Questions From National Income Accounting Chapter

Mock Test Series

NCERT Book Store

NCERT Sample Papers

Entrance Exams Preparation

From the following data calculate 'net value added at factor cost'. (र in crore)(i) Purchase of intermediate goods 500(ii) Sales 750(iii) Import of raw material 50(iv) Depreciation 60(v) Net indirect taxes 100(vi) Change in stock (-) 30(vii) Exports 20

Some More Questions From National Income Accounting Chapter

Mock Test Series

NCERT Book Store

NCERT Sample Papers

Entrance Exams Preparation

From the following data calculate 'net value added at factor cost'.
(र in crore)
(i) Purchase of intermediate goods 500
(ii) Sales 750
(iii) Import of raw material 50
(iv) Depreciation 60
(v) Net indirect taxes 100
(vi) Change in stock (-) 30
(vii) Exports 20