Arrange the following concepts that are used in calculation of National Income by value added method in a proper sequence:

A. Value of output
B. GDPMP
C. GVAMP
D. NDPFC
E. NNPFC

Choose the correct answer from the options given below:

A, C, B, D, E

The correct sequence for the concepts used in the calculation of National Income by the value-added method is: A, C, B, D, E

A. Value of output :The total value of goods and services produced in an economy during a given period.

C. GVA at MP: Gross value of the output produced – Value of intermediate goods used

B. GDP at MP : GVA at Market Prices

D. NDP at MP : GDP at MP- Depreciation

E. NNP at FC :NDP at MP + NFIA – Net indirect taxes