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Question : Calculate gross value added at factor cost.

Particulars Rs. in crore
Sales 500
Openinng stock 20
Closing stock 50
Purchase of intermediate products 100
Purchase of machinery 20
Subsidy 45

 

Option 1: 600

Option 2: 645

Option 3: 535

Option 4: 385


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 385


Solution :

GVA at FC= Sales + (Closing-opening stock) - purchase of intermediate products + subsidies
= 500+(50-20)-100+45
= Rs. 385 crore
Hence, Option D is correct.

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