Statement 1: Value added is calculated as difference between value of output and value of intermediate consumption.

Statement 2: Value Added Method is also known as Distributive Share Method.


(a) Both the Statements are true

(b) Both the Statements are false

(c) Statement 1 is true and Statement 2 is false

(d) Statement 2 is true and Statement 1 is false

Anurag Pathak Changed status to publish December 10, 2023
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