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NextQ90

Distinguish between 'Value Addition' and 'Final Value of Output'. Find Net Value Added at Factor Cost (NVA_FC) using the given data : S. No. | Particulars | Amount (in Rs. crore) (i) | Sale of rice in the market | 58 (ii) | Purchase of tractor and thresher | 40 (iii) | Procurement of rice by the government | 20 (iv) | Self-consumption of rice during the year | 15 (v) | Expenditure on running and maintenance of tractor and thresher | 20 (vi) | Fertiliser subsidies received from the government | 3

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Question 89

Distinguish between 'Value Addition' and 'Final Value of Output'. Find the Value Added by Firm A, from the following information : S. No. | Particulars | Amount (in Rs. crore) (i) | Purchase of factor inputs by Firm A | 5 (ii) | Purchase of non-factor inputs by Firm A | 2 (iii) | Sales by Firm A to other firms in the domestic economy | 10 (iv) | Import of raw materials by firm A from rest of the world | 50 (v) | Excess of opening stock over closing stock | 3

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