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CUET Economics 2026 PYQs20 May Shift 1. Free, no login required.

Macro

past year questions, CUET Economics 2026 20 May Shift 1

National Income

past year questions, Macro, CUET Economics 2026 20 May Shift 1

Medium

On the basis of given information calculate the value of National Income:

ParticularsAmount (in Rs. crore)
Sales1000
Depreciation250
Rent150
Intermediate consumption350
N I T100
NFIA-50

Solution

✅ Correct Option: 4

GVAMP=GVA_{MP} = Sales −- Intermediate consumption =1000−350=650= 1000 - 350 = 650. Deduct depreciation: 650−250=400650 - 250 = 400. Deduct net indirect taxes: 400−100=300=NDPFC400 - 100 = 300 = NDP_{FC}. Add NFIA: 300+(−50)=250300 + (-50) = 250 crore =NNPFC= NNP_{FC}, the National Income. Rent is already included in value added and is not added separately.

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List–IList–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.
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2023: 30 May Shift 1

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Match List-I with List-II

List-IList-II
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Match List-I with List-II

List-IList-II
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Match List-I with List-II

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