Match List-I with List-II
List-I List-II (A) Final durable goods which are used in the production process for creation of goods (I) Depreciation (B) Wear and tear of capital (II) Product method (C) Measuring aggregate value of final goods and services produced by all the firms is part of (III) Net value added (D) Deduction of the value of depreciation from gross value added (IV) Capital goods
Choose the correct answer from the options given below:
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Final durable goods which are used in the production process for creation of goods | (I) Depreciation |
| (B) Wear and tear of capital | (II) Product method |
| (C) Measuring aggregate value of final goods and services produced by all the firms is part of | (III) Net value added |
| (D) Deduction of the value of depreciation from gross value added | (IV) Capital goods |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 4
Final durable goods used to produce other goods are capital goods (A-IV). Wear and tear of capital is depreciation (B-I). Adding up the value of final goods and services produced by all firms is the product (value added) method (C-II). Gross value added minus depreciation gives net value added (D-III).
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