Question

,000
0,00 crores.
• Q. 14. On the basis of following information calculate Gross domestic Product
and Gross National Product.
Items
Rs.
Net National product
45,000
Depreciation expenditure
70,000
Import
1,20,000
Export
1,00,000​

Answer 1

Answer:

Depreciation: 10% * 120000 = 12000

Formula: National Income or NNP at FC = GNP at MP - Depreciation - Indirect Tax + Subsidies

= 65000 - 12000 - 6000 + 1000

= Rs 48000 crores.