Question 22
MediumOriginal questionAn economy's spending data for a year:
| Item | ₹ crore |
|---|---|
| Private final consumption expenditure | 600 |
| Government final consumption expenditure | 150 |
| Gross fixed capital formation | 200 |
| Change in stocks | 20 |
| Exports | 80 |
| Imports | 100 |
What is gross domestic capital formation?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Gross domestic capital formation = gross fixed capital formation + change in stocks.
= 200 + 20 = ₹220 crore.
- Concept
- Gross capital formation
- Typical timeTypical
- 70 s
- Your timeYours
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