Question
Economics Question on National Income Accounting
Suppose the GDP at market price of a country in a particular year was ₹2,100 crores. Net Factor Income from abroad was ₹200 crores. The value of Indirect Taxes net of subsidies was ₹100 crores and national income was ₹1,900 crores. The aggregate value of depreciation in the economy will be:
A
₹100 crores
B
₹400 crores
C
₹200 crores
D
₹300 crores
Answer
₹300 crores
Explanation
Solution
The correct option is (D) :₹300 crores