CBSE 2023 Class 12 Economics Delhi Set 1

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Question : 22
Total: 49
Suppose in a financial year, the Gross Domestic Product (GDP) at market price of a country was 1,100 crore. Net factor income from Abroad was ₹100 crore, the net indirect taxes was 150 crore and National income was 850 crore.
Calculate the value of depreciation, on the basis of above information.
Solution:  
Given: GDPMP=1100 crore
NFIA =100 crore
NIT =150 crore
National Income (NNPFC)=850 crore
To Find: Depreciation = ?
Solution : NDPFC=NNPFCNFIA+NIT
=850100+150
=900 crore
Depreciation =GDPMPNDPMP
=1100900
=200 crore
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