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प्रश्न
Complete the table:
| Producer | Value of output | Intermediate Consumption |
Value Added |
| Farmer | 2,000 | - | 2,000 |
| Banker | __(i)__ | 2,000 | 2,000 |
| Retail Seller | 4,400 | (iii) | 400 |
| Total | __(ii)__ | 6,000 | __(iv)__ |
पर्याय
4000, 10400, 4000, 4000
4000, 10400, 4000, 4400
2000, 6000, 6000, 4400
4000, 10400, 6000, 4000
उत्तर
4000, 10400, 4000, 4400
Explanation:
Value of output = Value of added + Intermediate Consumption
- Value of production (4,000) = Value added (2,000) + Intermediate consumption (2,000)
- Total value of production = 2,000 + 4,000 + 4,400 = 10400
- Value of production (Baker) = Intermediate consumption (Retailer seller) = 4,000
- Value added = 2,000 + 2,000 + 400 = 4,400
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संबंधित प्रश्न
Find net value added at factor cost:
(Rs lakh)
(i) Durable use producer goods with a life span of 10 years 10
(ii) Single use producer goods 5
iii) Sale 20
(iv) Unsold output produced during the year 2
(v) Taxes on production 1
Explain the precautions that are taken while estimating additional income by the value-added method.
Answer the following question.
What precautions should be taken while estimating national income by value-added method? Explain.
Define the following: Value Addition
How is microeconomics different from macroeconomics?
National income is equal to ______.
Distinguish between ‘Value of Output’ and ‘Value Added’.
Which of the following will be excluded when one calculating National Income through the Value Added Method?
What concept are all domestic variants?
Statement 1: AP can take positive values only.
Statement 2: TP can take negative values only.
Briefly discuss any two precautions to be taken while calculating national income by the Value Added method.
Calculate National Income and operating Surplus from the following data:
| PARTICULARS | (₹crores) | |
| (i) | Government final consumption expenditure | 900 |
| (ii) | Net factor income from abroad | 210 |
| (iii) | Private final consumption expenditure | 1000 |
| (iv) | Net domestic capital formation | 300 |
| (v) | Profits | 320 |
| (vi) | Rent | 190 |
| (vii) | Net exports | (-) 75 |
| (viii) | Interest | 200 |
| (ix) | Net indirect taxes | 265 |
With the help of a reason, explain why the following are included in calculation of National Income.
Goods supplied free of cost by the government.
With the help of a reason, explain why the following are included in calculation of National Income.
Own account production
