Question : Calculate Consumption of fixed capital.

Particulars Rs. in crore
NNP at FC 6000
GDP at MP 7500
Net Indirect taxes 450
Net factor income from abroad 350

 

Option 1: 1400

Option 2: 1200

Option 3: 1300

Option 4: 1500


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: 1400


Solution :

GDP at MP= NNP at FC + Consumption of fixed capital - Net factor income from aborad + Net indirect taxes
7500= 6000 + Consumption of fixed capital - 350 + 450
Consumption of fixed capital= Rs.1400 Cr.
Hence, option A is correct.

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