National Income and Related Aggregates (CBSE Class-12 Economics): Questions 8 - 10 of 68

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 523 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 900.00 or

Question number: 8

» National Income and Related Aggregates » Methods of Calculating National Income » Value Added or Product Method

Short Answer Question▾

Write in Short

From the following data relating to a firm, calculate its net value added at factor cost:

data for calculating net value added at factor cost

different data is given in Rs. lakhs to calculate net value added at factor cost

No.

particulars

(Rs in Lacs)

1

Subsidy

40

2

Sales

800

3

Depreciation

30

4

Exports

100

5

Closing stock

20

6

Opening stock

50

7

Intermediate purchases

500

8

Purchase of machinery for own use

200

9

Import of raw material

60

Question number: 9

» National Income and Related Aggregates » Methods of Calculating National Income » Income Method

» National Income and Related Aggregates » Methods of Calculating National Income » Expenditure Method

Short Answer Question▾

Write in Short

From the following data calculate National Income by Income and Expenditure methods:

information is given to calculate national income by income and expenditure method

various data and their amount is given to calculate national income

No.

Particulars

Amount (Rs crores)

1

Government final consumption expenditure

100

2

Subsidies

10

3

Rent

200

4

Wages and salaries

600

5

Indirect tax

60

6

Private final consumption expenditure

800

7

Gross domestic capital formation

120

8

Social security contributions by employers

55

9

Royalty

25

10

Net factor income paid to abroad

30

11

Interest

20

12

Net domestic capital formation

110

13

Profit

130

14

Net exports

70

Question number: 10

» National Income and Related Aggregates » Methods of Calculating National Income » Income Method

Short Answer Question▾

Write in Short

From the following data calculate national income:

information to calculate national income

some of data with their amounts is given to calculate national income

No.

Particulars

Rs. (Crores)

1

Compensation of employees

800

2

Rent

200

3

Wages and salaries

750

4

Net exports

(-30)

5

Net Factor income from abroad

(-20)

6

Profit

300

7

Interest

100

8

Depreciation

50

Sign In