Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

If the value of NVAFC is ₹200 crores, intermediate consumption is ₹100 crores and depreciation is given as ₹40 crores, what will be the value of GVAFC?

Options:

₹140 crores

₹340 crores

₹60 crores

₹240 crores

Correct Answer:

₹240 crores

Explanation:

GVAFC = NVAFC + Depreciation

According to the question,

 GVAFC = ₹200 crores + ₹40 crores

 GVAFC = ₹240 crores

Thus, we can say that the value of  GVAFC = ₹240 crores