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

    A 350 crores Correct Answer Incorrect Answer
    B 850 crores Correct Answer Incorrect Answer
    C 950 crores Correct Answer Incorrect Answer
    D 450 crores Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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