Download App

National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting3 Marks
Question
Calculate 'intermediate consumption from the following data:
S. No.
 
(₹in lakhs)
(i)
Value of output.
200
(ii)
Net value added at factor cost.
80
(iii)
Sales tax.
15
(iv)
Subsidy.
5
(v)
Depreciation.
20
✓

Answer

Intermediate consumption = Value of output - {NVAFC + CFC + NIT}
= 200 - [80 - 20 - (15-5)]
GVAMP = NVAFC + CFC + NIT = ₹ 90 Lakhs.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from National Income Accounting→National Income Accounting — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Price elasticity of supply of a good is 2. A producer supplies 100 units of a good at a price of Rs. 20 per unit. At what price will he supply 80 units.
→
Perfectly competitive firms are considered as more efficient than monopolies. Do you agree?
→
Calculate Net Domestic Product at Factor Cost by the expenditure method and production method.
S.No.
Contents
₹ (in crore)
(i)
Value of Output in Economic Territory
4,100
(ii)
Net Exports
(-)50
(iii)
Intermediate Purchase by Primary Sector
600
(iv)
Private Final Consumption Expenditure
1,450
(v)
Intermediate Purchases by Secondary Sector
700
(vi)
Government Final Consumption Expenditure
400
(vii)
Net Domestic Fixed Capital Formation
200
(viii)
Intermediate Purchases by Tertiary Sector
700
(ix)
Net Change in Stock
(-)50
(x)
Net Indirect Taxes
100
(xi)
Consumption of Fixed Capital
50
→
Explain why firms are mutually interdependent in an oligopoly market.
→
A consumer buys 20 units of a good at ₹ 10 per unit. The price elasticity of demand of this good is (-)1. Calculate quantity demanded by the consumer when price falls to ₹ 8 per unit.
→
Complete the following table:
Output (Q) (units) Price (₹) Marginal Revenue (₹) Total Revenue (₹)
1
-
10
10
2
-
4
-
3
-
-
15
4
-
-3
-
→
Differentiate between Revenue Budget and Capital Budget.
→
Calculate Average Revenue (AR) and Marginal Revenue (MR):
Units Sold 1 2 3 4 5 6 7
TR (₹) 20 36 48 56 60 60 56
→
A consumer demands 40kg of a commodity when its price is ₹ 1 per kg. If the price increases by ₹ 0.10, what would be the quantity demanded? PED = -1.
→
Define utility. Explain the Law of Diminishing Marginal Utility.
→