12th Class Economics Solved Paper - Economics 2017 Outside Delhi Set-III

  • question_answer
    Calculate the (a) Gross National Product a; market price
    (Rs in crores)
    (i) Compensation of employees 2500
    (ii) Pro61 700
    (iii) Mixed income of self?employed 7,500      
    (iv) Government final consumption expenditure 3,000
    (v) Rent 400
    (vi) Interest 350
    (vii) Net factor income from abroad 50       
    (viii) Net current transfers to abroad 100
    (ix) Net indirect taxes 150
    (x) Depreciation 70
    (xi) Net exports 40

    Answer:

    Calculate
    (a) \[GN{{P}_{mp}}\] =?
    \[ND{{P}_{fc}}\] = COE + MI + OS (Rent + profit + interest)
    (i) + (iii) + (v) + (ii) + (vi)
    \[=2500+7500+400+700+350\]
    = Rs 11,450 crores
    \[NN{{P}_{mp\,\,}}=\,\,ND{{P}_{fc}}+\,\,Net\,\,indirect\,\,tax.\,\,\]
    = \[ND{{P}_{fc}}\] + (vii) + (ix)
    \[=11,450+50+150\]
    = Rs 11,650 crores
    \[GN{{P}_{mp}}\]= \[NN{{P}_{mp}}\] + Depreciation
    = \[NN{{P}_{mp}}\]+ (x)
    \[=11,650+70\]
    = Rs 11,720 crores.


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