The total electricity bill is calculated by summing the power consumption of all appliances, converting it to kilowatt-hours (units), and then multiplying by the rate per unit for the given period.
Two 60 watt bulbs and two 40 watt fans are kept ON for 6 hours a day. If the electricity charges are Rs. 5 per unit, the electricity bill for 30 days will be Rs.
Asked in ASSISTANT PROSECUTION OFFICER (PRELIM.) EXAM. 2018 · Topic: National Income & Gross Domestic Product (Methods of National Income Estimation: Income, Expenditure, and Production/Value Added Methods)
More Economic Development questions
- Who estimates the National Income data in India?
- Which institute estimates National Income of India?
- What is/are the method(s) to measure national income?
- In India, national income is computed by
- Which one of the following equals Personal Disposable Income ?
- National Income (NI) is
- Personal Disposable Income (PDI) is
- Consider the following statements: (1) Gross capital formation consists of outlays on additions to the fixed assets of the economy plus gross changes in the level of inventories (2) Net value added at factor cost is the sum total of all the factor payments (3) The National Income is the total amount of income accruing to a country from economic and non-economic activities in a year time (4) In moving from national income to personal income we must subtract the incomes earned but not received and add incomes received but not currently earned Choose the correct answer from the options given below :