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प्रश्न
To arrive at the value of Gross Value Added at Market Price (GVAMP) ______ must be added to Gross Value Added (GVA) at Basic Prices.
पर्याय
Product Taxes
Net Product Taxes
Production Taxes
Net Production Taxes
MCQ
रिकाम्या जागा भरा
उत्तर
To arrive at the value of Gross Value Added at Market Price (GVAMP) Net Product Taxes must be added to Gross Value Added (GVA) at Basic Prices.
Explanation:
- To calculate Gross Value Added at Market Price (GVAMP), net product taxes (product taxes minus product subsidies) must be added to the GVA at basic prices.
- This adjustment is necessary because the market price includes taxes levied on goods and services (like GST), giving the final value of goods as seen in the market.
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