Question

From the following data, calculate : (a) Value of output, (b) Intermediate Consumption, (c ) Net value added at factor cost.

Answer 1

Correct Answer - Rs. 1470 crores
Rs. 540 crores
Rs. 900 crores
(a) Value of Output
=Domestic Sales + Exports + Increase in the unsold stock + Goods used for self Consumption
=1200+200+60+10
1470 Crores
(b) Intermediate Consumption
= Purchase of raw material from domestic market + Import of raw material + Power Charges
=400+120+20
Rs. 540 crores
(c ) Net value added at factor cost
= Value of Output -Intermediate Consumption-(Goods and Services Tax- Subsidy)- Replacement of Fixed Capital
=1470-540-(10-30)-50
=Rs. 900 crores