Calculate Net Value Added at Factor Cost (NVA _{\F \C}) from the following data : S.No. Particulars Amount (in ₹ crores) (i) Value of Output 800 (ii) IntermediateConsumption 200 (iii) Indirect taxes 30 (iv) Depreciation 20 (v) Subsidies 50 (vi) Purchase of machinery 50

CBSE 2020 Class 12 Economics Outside Delhi Set 1 - Question 13

Question : 13 of 47

Marks: +1, -0

Calculate Net Value Added at Factor Cost (NVA

_{\F \C})

from the following data :

Solution:

Value of output

=800

Intermediate Consumption

=200

{\GVA }_{ {\MP}}=

Value of output - Intermediate Consumption

=800-200=600

NVA

_{F C}=

GVA

_{M P}-

Depreciation - NIT (Indirect tax - Subsidies)

\;\text " NVA "\;_{F C}\;=600-20-(30-50)

\;=580+20=600

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