What will be the aggregate Domestic Income NDP (FC) of the economy for 2022–23; if GDP (Market…
NDP at factor cost=GDP at market prices−depreciation−net indirect taxes=27,654−2,847−2,160=22,647 crore. 24,807 deducts depreciation only; the other totals do not apply both…
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What will be the aggregate Domestic Income NDP (FC) of the economy for 2022–23; if GDP (Market Price)=27,654 Crores; Depreciation=2847 crores; Indirect taxes less subsidies=2160 crores?
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Correct answer B
NDP at factor cost=GDP at market prices−depreciation−net indirect taxes=27,654−2,847−2,160=22,647 crore. 24,807 deducts depreciation only; the other totals do not apply both required deductions.
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UGC NET Economics