(a) (I) From the following data, calculate the value of operating surplus: S. No. Items Amount in (₹ crore) (i) Royalty 10 (ii) Rent 70 (iii)…

Operating Surplus = (i) + (ii) + (iii) + (v)

= $\displaystyle 10$ + $\displaystyle 70$ + $\displaystyle 25$ + $\displaystyle 50$

= ₹ $\displaystyle 155$ crore

Fixed investment refers to addition to the stock of fixed assets in the hands of producers during an accounting year.

Whereas, inventory investment is addition to the stock of inventory (unsold finished goods, semi-finished goods, raw material) with the producers during an accounting year.

Compensation of Employees (COE) = (ii) + (iii) + (iv)

= $\displaystyle 49{,}500$ + $\displaystyle 13{,}500$ + $\displaystyle 8{,}900$

= ₹ $\displaystyle 71{,}900$ crore

Real Gross Domestic Product refers to the money value of all the final goods and services produced in the domestic territory of a country during an accounting year measured at base year prices.

Nominal Gross Domestic Product refers to the money value of all the final goods and services produced in the domestic territory of a country during an accounting year measured at current year prices.