SolveItNCERT · CBSE Boards
✓ Board-verified↻ asked 3×
Economics · 2024 · 3 marks

CBSE 2024 · Region 2 · Set 1 · Q12

On the basis of the data given below, estimate the value of Gross National Product at Factor Cost (GNP$\displaystyle _{FC}$) :
S.No.ItemsAmount (in ₹ crore)
(i)Wages and Salaries$\displaystyle 2,000$
(ii)Rent and Interest$\displaystyle 700$
(iii)Corporate Tax$\displaystyle 500$
(iv)Undistributed Profit$\displaystyle 300$
(v)Consumption of Fixed Capital$\displaystyle 200$
(vi)Dividend$\displaystyle 150$
(vii)Net factor income from abroad(–) $\displaystyle 50$

More from National Income Accounting

CBSE Class 12 Economics past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.