|
|
Items |
In crores |
|
1 |
Private final consumption expenditure |
397 |
|
2 |
Exports |
28 |
|
3 |
Govt. Final consumption expenditure |
919 |
|
4 |
Gross fixed capital formation |
764 |
|
5 |
Opening stock |
30 |
|
6 |
Closing stock |
35 |
|
7 |
Consumption of fixed capital |
100 |
|
8 |
Imports |
50 |
|
9 |
Net factor income from abroad |
(-)200 |
|
10 |
Subsidies |
40 |
|
11 |
Indirect taxes |
45 |
What is the formula to calculate Net indirect taxes?
Answer & explanation
Correct answer: option 2
Net indirect taxes ≡ Indirect taxes – Subsidies