While calculating Gross Value addition at basic prices which of the following factors is subtracted ........

Economic Affairs Growth and Indicators

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While calculating Gross Value addition at basic prices which of the following factors is subtracted?

Consumption expenditure

Investment expenditure

Subsidies

Taxation

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Explanation:

4th option is correct.

Gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy, in economics. In national accounts GVA is output minus intermediate consumption; it is a balancing item of the national accounts' production account.

GVA= GDP + Subsidies - taxation.