Start learning →

Gross value added minus depreciation gives:

APersonal income
BMarket price
CNet value added
DGross profit
Answer & Solution
Correct answer: C. Net value added
1. Gross value added includes depreciation. 2. Deducting it gives net value added. 3. Net value added ignores wear and tear. _Source: syllabus Introductory Macroeconomics, Chapter 2, National Income Accounting._
Practise this question with Quill — UPSC CSE →

Keep practising Indian Economy

Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.

Start a Indian Economy lesson →
Related questions
Consumer rights bingoType the numberSort laws, courts and marksRight or markSlice the consumer wordsRun the consumer timelinePop the quality marksCatch the consumer rights