Question : If market price is less then factor cost, it means that:

Question : The difference between indirect taxes and subsidies is _________________. 

Question : Factor cost + ________________________ = Market price.

Question : What is the basic difference in the aggregates at market price and factor cost?

Question : Calculate the GDP at Factor Cost given in the following data. GDP at market price = 600 crores Consumption of fixed capital = 100 crores Indirect taxes = 200 crores Subsidies = 50 crores.