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National income

Economics

Here what is the meaning of net acquisition of valuables?

Sri kanaga Varshini

CA Final

★ 3K+

02-Mar-21 11:37

459

Answers (2)

'Net acquisition of valuables' is the data on expenditures made on precious items like gold, gems, ornaments and precious stones etc, included under gross capital formation, as a separate category under â??produced fixed assetsâ?? (separately from the gross fixed capital formation (GFCF) and change in stocks)