CUET Economics - From the following data calculate net domestic product at factor cost. | S.No. | Item | Rs. crore | |-------|------|-----------| | (i) | Depreciation | 20 | | (ii) | Gross National Products at factor cost | 1000 | | (iii) | Net factor income from abroad | 30 | | (iv) | Net indirect taxes | 10 | | PYQs + Solutions

CUET Economics

Macro

Medium

Rs. 1050 crores

Rs. 900 crores

Rs. 1020 crores

Rs. 950 crores

✅ Correct Option: 4

Related questions:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Gross Domestic Product at Market Prices (GDPₘₚ)	(I) All the economic output produced by a nation’s normal residents, whether they are located within the national boundary or abroad.
(B) Net Domestic Product at Market Prices (NDPcₘₚ)	(II) Sum of income earned by all factors in the production in the form of wages, profits, rent and interest, etc., belonging to a country during a year.
(C) Gross National Product at Market Prices (GNPₘₚ)	(III) All production done by the national residents or the non-residents in a country gets included, regardless of whether that production is owned by a local company or a foreign entity.
(D) National Income (NI)	(IV) Income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country.

Choose the correct answer from the options given below: |

29 May Shift 2

Identify which of the following statements is true about the final goods?

CUET Economics 2023 Slot 4

Arrange the following steps of calculating National Income by value added method in the proper sequence.

(A) Calculate Gross value of output

(B) Calculate Gross value added

(D) Calculate National Income

Choose the correct answer from the options given below :

CUET Economics PYQs