(i) Income Method and |
(ii) Expenditure Method, |
S. No. | Items | (Rs.) in crores |
(i) | Private Final Consumption Expenditure | 1,000 |
(ii) | Net Domestic Capital Formation | 200 |
(iii) | Profits | 400 |
(iv) | Compensation of Employees | 800 |
(v) | Rent | 250 |
(vi) | Government Final Consumption Expenditure | 500 |
(vii) | Consumption of Fixed Capital | 60 |
(viii) | Interest | 150 |
(ix) | Net Current Transfers from Rest of the World | \[(-)\]80 |
(x) | Net Factor Income from Abroad | \[(-)\]10 |
(xi) | Net Exports | \[(-)\]20 |
(xii) | Net Indirect Taxes | \[(-)\]80 |
Answer:
(i) Income Method Net Domestic Product at Factor Cost\[(ND{{P}_{FC}})\]= Compensation of Employees + Operating Surplus (Profits+Rent+Interest)+Mixed Income \[~=800+(400+250+150)+0=800+800\] = Rs. 1,600 crore Gross National Product at Factor Cost \[(GN{{P}_{FC}})\] \[ND{{P}_{FC}}\]= +Net Factor Income from Abroad +Depreciation \[=\text{ }1,600+(-10)+60=1,660-10=Rs.\,\,1,650\text{ }crore\] (3) (ii) Expenditure Method Gross Domestic Product at Market Price\[(GD{{P}_{MP}})\] = Privat Final Consumption Expenditure+Government Final Consumption Expenditure+ Gross Domestic Capital Formation+Net Exports \[=1,000+500+(200\text{ }+\text{ }60)+(20)\] \[=1,000+500+260-20=Rs.\,\,1,740\,\,crore\] Gross National Product at Factor Cost\[(GN{{P}_{FC}})\]=\[GD{{P}_{MP}}-\]Net Indirect Taxes+Net Factor Income from Abroad (NFIA) \[=1,740-80+\text{(}-10\text{)}=1,740-90\] =Rs. 1,650 crore
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