Supposethe GDP at market price of a country in a particular year was R – InterviewSolution

InterviewSolution

1.	Supposethe GDP at market price of a country in a particular year was Rs1,100 crores. Net Factor Income from Abroad was Rs 100 crores. Thevalue of Indirect taxes − Subsidies was Rs 150 crores andNational Income was Rs 850 crores. Calculate the aggregate value ofdepreciation.
Answer» Suppose the GDP at market price of a country in a particular year was Rs 1,100 crores. Net Factor Income from Abroad was Rs 100 crores. The value of Indirect taxes − Subsidies was Rs 150 crores and National Income was Rs 850 crores. Calculate the aggregate value of depreciation.

Discussion

No Comment Found

Related InterviewSolutions

Which among the following statement(s) is/are correct about Asian Infrastructure Investment Bank (AIIB)? Code:
'Self-employment is more in rural areas than in urban areas'. Do you agree? Give reasons.
Suppose a TV was manufactured 5 years ago in 2013, and it had a market value of 50,000. However, demand for TVs was very low and so it was left unsold. Now, in 2018, it is sold for a market price of 80,000. What amount is added to the GDP of the economy in 2013 with respect to this single TV?
Briefly discuss the industrial development pattern on the eve of Independence.
Q14. Which of the following is to organize the traditional industries and artisans into clusters to make them competitive and provide support for their long-term sustainability by way of enhancing the marketability of products, improving the skills of artisans, making provision for common facilities and strengthening the cluster governance systems?
Explain the lender of last resort function of the central bank.
Find the approximate value of f(5.001), where f (x) = x3 − 7x2+ 15.
Stringent measures adopted to cut down spending in order to overcome fiscal burden is called ___
What is actually GDP ?
What were the major differences in the approach towards development at the time of Independence? Has the debate been resolved?