Question
Refer to the below table and calculate the net value
added at market priceSolution
GVA MP = Value of Output – Intermediate Consumption Value of Output = Sales + Change in stocks 2200 + 200 = 2400 Intermediate Consumption = 700 GVA MP = 2400 – 700 = 1700 NVA MP = GVA MP - Depreciation = 1700 – 50 = 1650
The minimum rate set by the Reserve Bank of India below which the banks are not allowed to lend to its customers is known as
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