courcing?
022) Which of the following will be included while calculating national income?
a) Goods lying within the production boundary.
b) Payment of interest by a firm to a Bank,
Particulars
(Rs. In lakhs)
Subsidies
200
Opening Stock
100
Closing Stock
600
Intermediate Consumption
3,000
Consumption of fixed capital
700
Profit
750
Net Value Added at Factor Cost
2,000
c) Money received by a family in India from relatives working abroad.
Answers
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Answer:
a.goods lying within the production boundary
b.subsidies, closing & opening stock, intermediate consumption, depreciation
profit,net value added factor cost & net factor income from abroad
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