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National Income Sums - Value Added
National Income Sums - Value Added
Items
Items ₹ in lakhs
i) Sales by rm A 100
ii) Purchases from rm B by Firm A 40
iii) Purchases from rm A by Firm B 60
iv) Sales by rm B 200
v) Closing Stock of Firm A 20
vi) Closing Stock of Firm B 35
vii) Opening Stock of Firm A 25
viii) Opening Stock of Firm B 45
xi) Indirect taxes paid by both rms 30
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Calculate:–
Items ₹ in lakh
(i) Value of Output:
800
a) Primary Sector
200
b) Secondary Sector
300
c) Tertiary Sector
(ii) Value of Intermediate inputs purchased by:
400
d) Primary Sector
100
e) Secondary Sector
50
f) Tertiary Sector
(iii) Indirect taxes paid by all sectors 50
(iv) Consumption of xed capital of all sectors 80
(v) Factor income received by the residents from rest of the world 10
(vi) Factor income paid to non-residents 20
(vii) Subsidies received by all sectors 20
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Find Gross Value Added at Market Price:-
Items (₹ in lakh)
i) Depreciation 20
ii) Domestic Sales 200
iii) Net Change in Stocks (-) 10
iv) Exports 10
v) Single use producer goods 120
Items (₹ in lakh)
i) Fixed capital good with a life span of 5 years 15
ii) Raw Materials 6
iii) Sales 25
iv) Net Change in Stock (-) 2
v) Taxes on production 1
Items (₹ in lakh)
i) Durable use producer goods with a life span of 10 years 10
ii) Single use producer goods 5
iii) Sales 20
iv) Unsold output produced during the year 2
v) Taxes on production 1
Calculate the Net Value Added at Factor Cost:
S.N Items
i) Total Sales 75000
ii) Purchase of raw materials and other inputs 30000
iii) Indirect tax 7500
iv) Consumption of xed capital 2500
Items (₹ in crore)
1. Purchase of machinery to be used in the production unit. 100
2. Sales 200
3. Intermediate costs 90
4. Indirect taxes 12
5. Changes in Stock 10
6. Excise duty 6
7. Stock of Raw Material 5
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Find NVA at FC from the following.
Items (₹ in crore)
1. Sales 800
2. Taxes on production 50
3. Depreciation 70
4. Opening Stock 100
5. Closing Stock 80
6. Intermediate cost 200
Items (₹ in crore)
1. Purchase by Firm A from Firm B 100
2. Purchase by Firm B from Firm A 150
3. Sales by Firm A 200
4. Sales by Firm B 300
5. Exports by Firm B 30
6. Change in stock of Firm A – 20
7. Change in stock of Firm B 10
Calculate national income from the following data.
Assume that there are only two properties, rm A and
Firm B in the economy:
Items (₹ in crore)
1. Purchases of materials, etc. by Firm A from Firm B 20
2. Purchases of materials, etc. by Firm B from Firm A 30
3. Value of output produced by Firm A 100
4. Value of output produced by Firm B 80
5. Payment of indirect tax by Firm A 10
6. Payment of indirect tax by Firm B 5
7. Consumption of xed capital by Firm B 5
8. Consumption of xed capital by Firm A 10
9. net change in stocks of Firm A –7
10. Net change in stock of Firm B 7
11. Net factor income from abroad –5
Items (₹ in crore)
1. Closing stock of sector A 20
2. Opening stock of sector B 5
3. Opening stock of sector A 30
4. Closing stock of sector B 15
5. Sales by sector B 200
6. Sales by sector A 150
7. Goods and Services tax paid by section A 15
8. Consumption of xed capital by sector B 10
9. Consumption of xed capital by sector A 10
10. Subsidies to sector B 5
11. Intermediate consumption by sector A 70
12. Intermediate consumption by sector B 60
13. Net factor income from abroad 10
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From the following data, calculate “gross value added
at factor cost.”
Items (₹ in crore)
1. Sales 180
2. Rent 5
3. Subsidies 10
4. Change in stock 15
5. Purchase of raw materials 100
6. Pro ts 25
Items (₹ in crore)
1. Net indirect tax 20
2. Purchase of intermediate products 120
3. Purchase of machines 3oo
4. Sales 250
5. Consumption of xed capital 20
6. Change in stock 30
Items (₹ in crore)
1. Depreciation 5
2. Sales 100
3. Opening stock 20
4. Intermediate consumption 70
5. Excise Duty 10
6. Change in stock – 10
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Calculate Gross Value Added at Factor Cost:-
Items (₹ in crore)
1. Units of output sold (units) 1000
2. Price per unit of output 30
3. Depreciation 1000
4. Intermediate cost 12000
5. Closing stock 3000
6. Opening stock 2000
7. Excise 2500
8. Sales Tax 3500