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Question
State the meanings of the following:
Operating Surplus
Solution
Operating Surplus is the sum total of rent, royalties, interest and profits. It is also known as non-wage income.
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RELATED QUESTIONS
Define budget deficit and trade deficit. The excess of private investment over saving of a country in a particular year was Rs 2,000 crores. The amount of budget deficit was (−) Rs 1,500 crores. What was the volume of trade deficit of the country?
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Study the following information and compare the Economies of India and Singapore on the grounds of ‘Investment in infrastructure as a percentage of GDP’
Some Infrastructure in India and other Countries, 2018 | |||||
Country | Investment* in Infrastructure as a % GDP | Percentage of people using safely managed | Mobile Subscribers/100 People | Consumption of energy (mL tonnes of oil equivalent) | |
Drinking Water Sources | Sanitation Services | ||||
China | 44 | 96 | 72 | 115 | 3274 |
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Sources: World Development Indicators 2019, World Bank website: www.worldbank.org.; BP Statistical Review of World Energy 2019. 69th Edition.
Note: (*) refers to Gross Capital Formation.