EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Measuring National Income · Question 44 of 69

Question 44

HardOriginal question

For an economy: compensation of employees ₹1,000 crore, operating surplus ₹450 crore, mixed income ₹350 crore, depreciation ₹150 crore, net indirect taxes ₹200 crore. NDP at factor cost is

Options for question 44

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. NDP at FC is the sum of factor incomes: 1,000 + 450 + 350 = ₹1,800 crore.

  2. Depreciation and net indirect taxes are needed only to move to GDP or market price.

Worth noting

₹2,150 crore adds both depreciation and net indirect taxes, which gives GDP at market price, not NDP at factor cost.

Concept
Factor incomes only
Typical time
100 s
Your time
—
The rule this testsIncome method
Practise this chapter →

Ten questions from Measuring National Income, at your own pace.

Practise this chapter →

Ten questions from Measuring National Income, at your own pace.

Practise this chapterAll 69 questions in Measuring National IncomeRevise the notes for Measuring National Income