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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) good and services tax 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 + Taxes on Products - Subsidies
- Value of Output = 250 + 30 + 20 - 10
- Value of Output = Rs. 290 crores

Calculating 'Net Value Added at Factor Cost'
- Net Value Added at Factor Cost = Net Value Added at Market Price - Net Indirect Taxes
- Net Value Added at Factor Cost = Net Value Added at Market Price - Taxes on Products + Subsidies
- Given data: Net Value Added at Factor Cost = 250 crores, Taxes on Products = 20 crores, Subsidies = 10 crores
- Therefore, Net Value Added at Market Price = 250 + 20 - 10
- Net Value Added at Market Price = Rs. 260 crores

Explanation:
Net Value Added at Factor Cost is a key indicator of the economic performance of a country or industry. It represents the value of goods and services produced after deducting the cost of intermediate consumption. By calculating this value, we can understand the real contribution of different sectors to the overall economy. In this case, we have used the formula to calculate the Net Value Added at Factor Cost and explained the step-by-step process.
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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) good and services tax 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) good and services tax 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 UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC 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) good and services tax 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 UPSC 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) good and services tax 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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