CUET Economics - NNP at market prices – (Indirect taxes – Subsidies) = ............. | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Macro

Medium

Personal Income

Gross National Income

Gross Domestic Product

National Income

✅ Correct Option: 4

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22 May Shift 2

Let us say a firm produces Rs 100 worth of goods per year, Rs 20 is the value of intermediate goods used by it during the year and Rs 10 is the value of capital consumption. Calculate the Gross value added.

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Suppose the GDP at market price of a country in a particular year was Rs 2,100 crores. Depreciation was Rs 50 crores. The value of Indirect taxes was Rs 250 crores, Subsidies was Rs 150 crores and National Income was Rs 1250 crores. Calculate the aggregate value of net factor income from abroad.

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Addition to the stock of physical capital and changes in the inventory of a producer is known as .......

CUET Economics 2025 14 May Shift 1 PYQs

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