Which of the following options related to the aggregates of national income is correct?

If the value NVA_FC is Rs.200 crores, intermediate consumption is Rs.100 crores and depreciation is given as Rs.40 crores, what will be the value of GVA_FC?

__________ refer to the benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalised).

Which of the following is correct regarding National Income Accounting ?

1. In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.
2. In order to compare the GDP figures of different countries, real GDP is used.
3. Flows are defined at a particular point of time.
4. Stocks are defined over a period of time.

Which out of the following will be included in National Income ?

(A) Ramesh sold his car for Rs. 5,00,000 which he used for 2 years

(B) Interest paid on car loan taken by Mohan

(C) Interest on debentures

(D) Radha purchased goods worth Rs. 1000 to prepare cakes to be sold in an exhibition

(E) Profit earned by Reliance Industries from their branch in London

Choose the correct answer from the options given below :

Identify the correct statement from the following.

If a farmer sells wheat to miller for Rs. 500 and miller sells flour to baker for Rs. 700 and baker sells bread to the consumer for Rs. 1000, then total value added by miller and baker is: