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Economics · 2023 · 3 marks

CBSE 2023 · Region 4 · Set 1 · Q11

Suppose, the Gross Domestic Product (GDP) at market price of a country in a particular year was ₹ 1,100 crore. Net Factor Income from abroad was ₹…

Suppose, the Gross Domestic Product (GDP) at market price of a country in a particular year was ₹ $\displaystyle 1,100$ crore. Net Factor Income from abroad was ₹ $\displaystyle 100$ crore. The value of Net Indirect Taxes was ₹ $\displaystyle 150$ crore and the National Income was ₹ $\displaystyle 850$ crore. Calculate the value of depreciation for the economy.
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