a) From the following data calculate the value of Domestic Income:
| S. No. | ITEMS | Amount
(in ₹ Crores) |
| i) | Compensation of Employees | 2,000 |
| ii) | Rent and Interest | 800 |
| iii) | Indirect Taxes | 120 |
| iv) | Corporate Tax | 460 |
| v) | Consumption of Fixed Capital | 100 |
| vi) | Subsidies | 20 |
| vii) | Dividend | 940 |
| viii) | Undistributed Profits | 300 |
| ix) | Net Factor Income from Abroad | 150 |
| x) | Mixed Income of Self Employed | 200 |
b) Distinguish between ‘Value of Output’ and ‘Value Added’.