1.

Calculate Gross Value Added at Factor Cost.S.No.ContentsRs(in crore)(i)Units of Output Sold(units)1000(ii)Price Per Unit of Output30(iii)Depreciation1000(iv)Intermediate Cost12000(v)Closing Stock3000(vi)Opening Stock2000(vii)Excise2500

Answer»

Sales = Units of Output sold x Price Per Unit of Output
=1000 x 30 = ? 

30000 crore Value of Output = Sales + Change in Stock = 30000 + (3000 - 2000) = Rs 31000 crore 

Hence, GV{{A}{PC}} = Value of Output - Intermediate Cost - Net Indirect Taxes (Excise + Sales Tax) = 31000 -12000 - (2500 + 3500)

GV{{A}{PC}} = Rs 13000 crore



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