To calculate the national income, we need to use the following formula:
To calculate the national income, we need to use the following formula:
Substituting the given values:
GDP at factor cost = ₹ 15,000 crores - ₹ 3,000 crores = ₹ 12,000 crores
Now, let’s solve the unsolved practical questions mentioned above:
Substituting the given values:
Sandeep Garg Macroeconomics Class 12 Solutions Chapter 3 Unsolved Practical**