Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

To get GVA at basic prices, one among the following will be added to GVAFC. Choose the correct option from below :

Options:

NFIA

Net Production Taxes

Depreciation

Subsidies

Correct Answer:

Net Production Taxes

Explanation:

GVA at factor costs + Net production taxes = GVA at basic prices