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    • Posted by Niyati Garg 4 months ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Naman Jain 4 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Saloni Kumari 3 months, 3 weeks ago

    Numericals gdp

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    • Posted by Geeta Gautam 4 months ago

    CBSE > Class 12 > Economics
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    • Posted by Sakshi Singh 4 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sreepati Charan 4 months ago

    Deficit is opposite of surplus,it means shortfall the money you spent is not equal to the returns or less.

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    Posted by Megha Gaur 4 months ago

    CBSE > Class 12 > Economics
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    Posted by Jaya Anand 4 months, 1 week ago

    CBSE > Class 12 > Economics
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    • Posted by Niangmuankim Vaiphei 4 months, 2 weeks ago

    CBSE > Class 12 > Economics
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    • Posted by Dipika Sharma 4 months, 3 weeks ago

    CBSE > Class 12 > Economics
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    • Posted by Rijum Karlo 4 months, 4 weeks ago

    CBSE > Class 12 > Economics
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    • Posted by Mehar Ansari 4 months, 4 weeks ago

    CBSE > Class 12 > Economics
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    • Posted by Shruti Singh 5 months ago

    CBSE > Class 12 > Economics
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    • Posted by Nandita Sharma 5 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Akshat Gupta 5 months ago

    Due to circular flow of income

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    • Posted by Ishika Singh 5 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Arjun Kumar 5 months ago

    690

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    Posted by Radhika Tayal 5 months, 1 week ago

    CBSE > Class 12 > Economics
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    • Posted by Shagun Kashyap 5 months, 1 week ago

    CBSE > Class 12 > Economics
    • 1 answers

    Shreya Wafgaonkar 5 months ago

    Certainly! Here's the text without any formatting:

    To calculate the Net Domestic Product at Factor Cost (NDP at FC) using the expenditure method, we need to sum up all the expenditures on final goods and services produced within the domestic territory.

    NDP at FC = Gross Fixed Capital Formation (GFCF) + Private Final Consumption Expenditure (PFCE) + Government Final Consumption Expenditure (GFCE) + Net Exports (Exports - Imports) + Change in Stock

    Given:

    (i) Gross Fixed Capital Formation (GFCF) = ₹130 crores

    (ii) Private Final Consumption Expenditure (PFCE) = ₹510 crores

    (iii) Government Final Consumption Expenditure (GFCE) = ₹70 crores

    (v) Exports = ₹50 crores

    (vi) Imports = ₹60 crores

    (xiii) Change in Stock = ₹30 crores

    NDP at FC = 130 + 510 + 70 + (50 - 60) + 30

    NDP at FC = 130 + 510 + 70 - 10 + 30

    NDP at FC = ₹730 crores

    To calculate the Gross Domestic Product at Market Prices (GDP at MP) using the income method, we sum up all the incomes earned by factors of production in the production process.

    GDP at MP = Compensation of Employees + Mixed Income of the Self Employed + Rent, Interest, and Profit + Indirect Taxes - Subsidies + Net Factor Income from Rest of the World (NFIA)

    Given:

    (vii) Compensation of Employees = ₹240 crores

    (iii) Mixed Income of the Self Employed = ₹280 crores

    (xii) Rent, Interest, and Profit = ₹90 crores

    (x) Indirect Tax = ₹90 crores

    (xi) Subsidies = ₹10 crores

    (iv) Net Factor Income from Rest of the World (NFIA) = -₹5 crores

    GDP at MP = 240 + 280 + 90 + 90 - 10 - 5

    GDP at MP = ₹695 crores

    So, the NDP at FC is ₹730 crores and the GDP at MP is ₹695 crores.

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    • Posted by Pratima Limbu 5 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 2 answers

    Mr Thunder 5 months, 2 weeks ago

    In brief A government budget is a financial plan that outlines the government's revenues and expenditures for a specific period, usually a fiscal year. It serves as a blueprint for allocating financial resources to various sectors and activities of the government, including public services, infrastructure development, social welfare programs, defense, and debt repayment. The government budget typically consists of two main components: 1. Revenue: This includes all sources of income for the government, such as taxes, tariffs, fees, fines, grants, and borrowing. 2. Expenditure: This includes all government spending on goods, services, investments, and transfer payments, such as salaries, subsidies, infrastructure projects, healthcare, education, and defense. Importance of Government Budget: 1. Resource Allocation: The budget allows the government to allocate financial resources efficiently and effectively to meet the needs and priorities of the country. It helps in determining which sectors and programs receive funding and how much. 2. Economic Stability: The budget plays a crucial role in maintaining economic stability by regulating aggregate demand, controlling inflation, and managing fiscal deficits. Government spending and taxation policies influence overall economic activity and growth. 3. Policy Prioritization: The budget reflects the government's policy priorities and objectives, such

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    Mr Thunder 5 months, 2 weeks ago

    A government budget is a financial plan outlining a government's income and spending for a specific period. It's important because it allocates resources, stabilizes the economy, sets policy priorities, ensures fiscal discipline, enhances public accountability, and enables planning and forecasting.

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    • Posted by Palak Chaudhary 5 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 3 answers

    Arjun Kumar 5 months ago

    1.) Wheat purchased by household is an intermediate product. As the household will use it for further production. 2.) Train ticket purchased by an individual is final good. As the individual will use it to travel from one place to another.

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    Mr Thunder 5 months, 2 weeks ago

    1. Wheat and rice purchased by households: - Intermediate products: They undergo further processing before becoming final food products. 2. Purchase of ticket for train journey by an individual: - Final product: Represents the consumption of train transportation service. 3. Purchase of a car by an employer for office use by his employees: - Intermediate product: Bought for further use within the organization, serving as transportation for employees.

    0Thank You

    Rajat Thakur 5 months, 2 weeks ago

    3

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    • Posted by Bishal Ghosh 5 months, 3 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Arjun Kumar 5 months ago

    Central Bank refers is the apex bank of the country. In India RBI (Reserve Bank of India) is the apex bank. RBI establishment act was pass in year 1934. RBI was on 1 April 1935. Functions of central Bank:- Issue of currency:- Central Bank issue currency notes on behalf of central bank, except 1 rupee note and coin, 1 rupee note is printed by Ministry of Finance on which the signature of finance secretary. While on all other notes RBI governor signature. Banker's to the Government: Central Bank (RBI) act as Banker to government it advices state/ central government regarding financial matters. Banker's Bank :- Central act as banker's Bank by matching every credit with every debit. As all banks have their Account in RBI. Controller of Money Supply: Central Bank act as the controller of Money Supply by using its various quantitative methods such as CRR, SLR Open Market operation.

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    • Posted by Som Agrawal 5 months, 3 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Prince Pal 5 months, 3 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Muskan Choudhary 5 months, 3 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Ujjwal Pandey Pandey 5 months, 3 weeks ago

    gross demand deposit includes inter bank claim ( transactions between the banks) ,whereas net demand deposit does not include it

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    • Posted by Rupali Verma 5 months, 3 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Minakshi Jain 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Minakshi Jain 6 months ago

    .

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    • Posted by Rohit Sisodiya 5 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Lokesh Kumar 5 months, 4 weeks ago

    Indian economy in which study about gdp

    1Thank You

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    • Posted by Parneet Kaur 6 months, 1 week ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Abhinav Guleria 6 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Bharti Sahgal 6 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 2 answers

    Aksa Khan 5 months, 2 weeks ago

    Depreciation is 190

    0Thank You

    Khushi Kumari 5 months, 2 weeks ago

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    Posted by Pranjali Hazari 6 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Premjeet Chakma 6 months, 2 weeks ago

    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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    • Posted by Rashmi Vardhan 6 months, 3 weeks ago

    CBSE > Class 12 > Economics
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    Posted by Anupama Debnath 6 months, 3 weeks ago

    CBSE > Class 12 > Economics
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