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If a farmer sells wheat to miller for Rs...

If a farmer sells wheat to miller for Rs. 500 and miller sells flour to baker for Rs. 700 and baker sells bread to consumers for Rs. 1000, then total value added by miller and baker is :

A

500

B

300

C

1700

D

1200

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Verified by Experts

The correct Answer is:
A
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SANDEEP GARG-MEASUREMENT OF NATIONAL INCOME-Revision Exercise
  1. Commodity Service method is another name for :

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  2. Distributed Profits is also known as :

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  3. If a farmer sells wheat to miller for Rs. 500 and miller sells flour t...

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  4. Which of the following is a part of Expenditure Method ?

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  5. If NDP(FC)=Rs. 1500 and Net Factor Income to Abroad=Rs. 500, then NNP(...

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  6. Net Exports is calculated as :

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  7. Which of the following is included in domestic income ?

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  8. Which of the following is not included in compensation of employees ?

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  9. When the entire output is sold in an accounting year, then vlaue of ou...

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  10. Operating Surplus refers to :

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  11. According to income method, domestic income is equal to :

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  12. Gross Domestic Capital Formation can be calculated as :

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  13. Broker's commission on sale and purchase of second hand goods is inclu...

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  14. National Income can be calculated by 3 methods. By which method, we ge...

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  15. Piyush's mother is a teacher. She also teaches Piyush. How would you t...

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  16. Which of the following willl be included in National Income ?

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  17. National income includes :

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  18. A growing country is one with :

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  19. Normal residents of India working in an American company in England ad...

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  20. Change in stock is negative when :

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