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Calculate 'value of output' from the following data: (Rs. In crores) (i) Subsidy 10 (ii) Intermediate consumption 150 (iii) Net addition to stocks (-) 13 (iv) Depreciation 30 (v) Excise duty 20 (vi) Net value added at factor cost 250 2) Calculate 'Net Value added at Factor Cost' from the following data: (Rs. In crores)?
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Calculate 'value of output' from the following data: (Rs. In crores) (...
Calculating 'Value of Output'
- Value of Output = Net value added at factor cost + Depreciation + Subsidy + Taxes on production - Net addition to stocks
- Value of Output = 250 + 30 + 10 + 20 - (-13)
- Value of Output = 250 + 30 + 10 + 20 + 13
- Value of Output = Rs. 323 crores

Calculating 'Net Value added at Factor Cost'
- Net Value added at Factor Cost = Value of Output - Intermediate consumption
- Given that Value of Output is Rs. 323 crores and Intermediate consumption is Rs. 150 crores
- Net Value added at Factor Cost = 323 - 150
- Net Value added at Factor Cost = Rs. 173 crores
Explanation:
- The value of output represents the total value of goods and services produced by an economy in a given period.
- It is calculated by adding net value added at factor cost, depreciation, subsidies, taxes on production, and subtracting the net addition to stocks.
- Net value added at factor cost is the value of output minus intermediate consumption, representing the value added by labor and capital in the production process.
- Understanding these concepts helps in analyzing the economic performance and efficiency of an economy.
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Calculate 'value of output' from the following data: (Rs. In crores) (i) Subsidy 10 (ii) Intermediate consumption 150 (iii) Net addition to stocks (-) 13 (iv) Depreciation 30 (v) Excise duty 20 (vi) Net value added at factor cost 250 2) Calculate 'Net Value added at Factor Cost' from the following data: (Rs. In crores)?
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Calculate 'value of output' from the following data: (Rs. In crores) (i) Subsidy 10 (ii) Intermediate consumption 150 (iii) Net addition to stocks (-) 13 (iv) Depreciation 30 (v) Excise duty 20 (vi) Net value added at factor cost 250 2) Calculate 'Net Value added at Factor Cost' from the following data: (Rs. In crores)? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about Calculate 'value of output' from the following data: (Rs. In crores) (i) Subsidy 10 (ii) Intermediate consumption 150 (iii) Net addition to stocks (-) 13 (iv) Depreciation 30 (v) Excise duty 20 (vi) Net value added at factor cost 250 2) Calculate 'Net Value added at Factor Cost' from the following data: (Rs. In crores)? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Calculate 'value of output' from the following data: (Rs. In crores) (i) Subsidy 10 (ii) Intermediate consumption 150 (iii) Net addition to stocks (-) 13 (iv) Depreciation 30 (v) Excise duty 20 (vi) Net value added at factor cost 250 2) Calculate 'Net Value added at Factor Cost' from the following data: (Rs. In crores)?.
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