| Calculate 'Net Domestic Product at Market Price': | ||
| (Rs. crores) | ||
| (i) | Private final consumption expenditure | 400 |
| (ii) | Opening stock | 10 |
| (iii) | Consumption of fixed capital | 25 |
| (iv) | Imports | 15 |
| (v) | Government final consumption expenditure | 90 |
| (vi) | Net current transfers to rest of the word | 5 |
| (vii) | Gross domestic fixed capital formation | 80 |
| (viii) | Closing stock | 20 |
| (ix) | Exports | 10 |
| (x) | Net factor income to abroad | (-) 5 |
Answer:
Net Domestic Product at Market Price = Private final consumption expenditure + Government final consumption expenditure + Gross domestic fixed capital formation + change in stock + Net exports - depreciation
Net Domestic Product at Market Price \[=400+90+80+(2010)+(1015)25\]
Net Domestic Product at Market Price = Rs. 550 crore
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