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प्रश्न
Distinguish between gross value added and net value added.
फरक स्पष्ट करा
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उत्तर
| Basis | Gross Value Added (GVA) | Net Value Added (NVA) | |
| 1. | Definition | The value of output after deducting intermediate consumption but before deducting depreciation. | The value of output after deducting both intermediate consumption and depreciation. |
| 2. | Formula | GVA = Gross Output – Intermediate Consumption | NVA = GVA – Depreciation |
| 3. | Depreciation | Not deducted | Deducted |
| 4. | Reflects | Total new value produced, including wear and tear of capital assets. | Actual value created after accounting for loss of capital assets. |
| 5. | Uses | Used for estimating Gross Domestic Product (GDP) and Gross National Product (GNP). | Used for estimating Net Domestic Product (NDP) and Net National Product (NNP). |
| 6. | Example Application | Used in calculating Gross Domestic Product (GDP). | Used in calculating Net Domestic Product (NDP) or NNP. |
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