a) Given the following data, find Net Value Added at Factor Cost by Sambhav (a farmer) producing Wheat: b) State any two components of ‘Net Factor Income from Abroad’.
Komal Kohli May 18, 2022
a) Given the following data, find Net Value Added at Factor Cost by Sambhav (a farmer) producing Wheat:
b) State any two components of ‘Net Factor Income from Abroad’.
Answer.
a) Net Value Added at Factor Cost (NVA @ FC) =(i)+(iii)+(iv)+(vi)-(v)
=₹6800+₹200+₹50+₹20-₹100
=₹6,970crore
b) Component of net factor income from abroad are:
i. Net compensation of employees
ii. Net income from property and entrepreneurship
iii. Net retained earnings of resident companies abroad
