1. Find the Gross National Product at market price with the help of Income Method. (a) Wages and salaries---500 (b) net capital formation----100 (c) exports-------------------50 (d) Imports----------------60 (e) Gross capital formation-------120 (f) Employer's contribution to social security scheme-20 (g) Net factor income from abroad-----(-)10 (h) Rent and interest-----------------250 (i) Profits------------------------------400 (j) indirect taxes---------------------50 (k) subsidies-------------------------10.
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Item Rs. in crores
(i) Compensation of employees 700
(ii) Government final consumption expenditure 750
(iii) Net factor income from abroad (-) 10
(iv) Net exports (-) 15
(v) Profits 600
(vi) Net indirect taxes 60
(vii) Mixed income of self-employed 350
(viii) Rent 200
(ix) Interest 310
(x) Private final consumption expenditure 1100
(xi) Net domestic capital formation 385
(xii) Consumption of fixed capital 65
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