Find Gross National Product at Market Price: | ||
(Rs. Crore) | ||
(i) | Private final consumption expenditure | 800 |
(ii) | Net current transfers to abroad | 20 |
(iii) | Net factor income to abroad | \[()10\] |
(iv) | Government final consumption expenditure | 300 |
(v) | Net indirect tax | 150 |
(vi) | Net domestic capital formation | 200 |
(vii) | Current transfers from government | 40 |
(viii) | Depreciation | 100 |
(ix) | Net imports | 30 |
(x) | Income accruing to government | 90 |
(xi) | National debt interest | 50 |
Answer:
GDP mp = Private Final Consumption Expenditure + Government Final Consumption Expenditure + (net domestic capital formation + depreciation) - net imports GDP mp \[=800+300+(200+100)30\] \[=1100+(300)30\] \[=140030\]= Rs. 1370 crores. GNP mp = GDP mp \[\] net factor income to abroad \[=1370(10)\]= Rs. 1380 crores.
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