To get GVA at basic prices, one among the following will be added to $GVA_{FC}$. Choose the correct optio from below :
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : Net Production Taxes
$GVA_{FC}$ = GVA at basic prices - Net Production Taxes
GVA at basic prices = $GVA_{FC}$ + Net Production Taxes