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National Income Aggregates & GDP · Question 29 of 69

Question 29

MediumOriginal question

GVA at factor cost is ₹500 crore, production taxes are ₹30 crore and production subsidies are ₹10 crore. GVA at basic prices is

Options for question 29

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. GVA at basic prices = 500 + 30 − 10 = ₹520 crore.

Concept
GVA at basic prices
Typical time
70 s
Your time
—
The rule this testsMarket price, factor cost and basic prices
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Ten questions from National Income Aggregates & GDP, at your own pace.

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Ten questions from National Income Aggregates & GDP, at your own pace.

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