Match List - I with List - II.

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Match List - I with List - II.

List - I		List – II
(A)	Value of output	(I)	Sales + Change in stock
(B)	Operating surplus	(II)	Sales + Change in stock - Intermediate consumption
(C)	Profit	(III)	Rent + Interest + Royalty + Profit
(D)	Value added	(IV)	Corporation tax + Undistributed profit + Dividend

Choose the correct answer from the options given below :

Options:

(A)-(I), (B)-(IV), (C)-(III), (D)-(II)

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

(A)-(I), (B)-(III), (C)-(IV), (D)-(II)

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Correct Answer:

(A)-(I), (B)-(III), (C)-(IV), (D)-(II)

Explanation:

List - I		List – II
(A)	Value of output	(I)	Sales + Change in stock
(B)	Operating surplus	(II)	Rent + Interest + Royalty + Profit
(C)	Profit	(III)	Corporation tax + Undistributed profit + Dividend
(D)	Value added	(IV)	Sales + Change in stock - Intermediate consumption