Read the passage carefully and answer the questions based on the passage: Composition of GDP: Income Method
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Calculate Operating surplus. |
Rs. 140 Rs. 50 Rs. 540 Rs. 137 |
Rs. 140 |
The correct answer is Option (1) → Rs. 140 Operating Surplus is a component of national income calculated using the Income Method. It represents the income earned by the owners of capital — i.e., those who provide land, capital, or entrepreneurial effort — excluding wages and salaries. Thus, Operating Surplus includes:
Given, Rent = ₹20 crores, Interest = ₹30 crores, Royalty = ₹40 crores,Profit = ₹50 crores Operating Surplus=20 + 30 +40 + 50 = ₹140 crores |