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Which of the following items are used in the calculation of Gross Value Added at basic prices ?1. Production taxes2. Product taxes3. Production subsidies4. Product subsidiesSelect the correct answer using the codes given below :a)1 and 3 onlyb)2 and 4 onlyc)1 and 2 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following items are used in the calculation of Gross Value Added at basic prices ?1. Production taxes2. Product taxes3. Production subsidies4. Product subsidiesSelect the correct answer using the codes given below :a)1 and 3 onlyb)2 and 4 onlyc)1 and 2 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following items are used in the calculation of Gross Value Added at basic prices ?1. Production taxes2. Product taxes3. Production subsidies4. Product subsidiesSelect the correct answer using the codes given below :a)1 and 3 onlyb)2 and 4 onlyc)1 and 2 onlyd)1, 2, 3 and 4Correct answer is option 'A'. Can you explain this answer?.

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