7. Calculate GDP at MP by value added method and income method.
Particulars Rs.in crores
(i) Intermediate consumption of primary sector 500
(ii) Intermediate consumption of secondary sector 400
(iii) Intermediate consumption of tertiary sector 300
(iv) Value of output of primary sector 1,000
(v) Value of output of secondary sector 900
(vi) Value of output of tertiary sector 700
(vii) Rent 10
(viii) Employee compensation 950
(ix) Profits 285
(x) Net factor income from abroad (-) 20
(xi) Interest 5
(xii) Depreciation 40
(xiii) Net indirect taxes 10
(xiv) Mixed income 100
GDP at MP = Rs.1,400 crores
8. Calculate (a) Gross domestic product at market price, and (b) Factor income from abroad
from the following data.
Particulars Rs. in crores
(i) Profits 500
(ii) Exports 40
(iii) Compensation of employees 1,500
(iv) Gross national product at factor cost 2,800
(v) Net current transfers from rest of the world 90
(vi) Rent 300
(vii) Interest 400
(viii) Factor income to abroad 120
(ix) Net indirect taxes 250
(x) Net domestic capital formation 650
(xi) Gross fixed capital formation 700
(xii) Change in stock 50
(a) Rs.3,050 crores; (b) Rs.120 crores
Answers
Answer:
Calculate GDP at MP by value added method and income method.
Particulars Rs.in crores
(i) Intermediate consumption of primary sector 500
(ii) Intermediate consumption of secondary sector 400
(iii) Intermediate consumption of tertiary sector 300
(iv) Value of output of primary sector 1,000
(v) Value of output of secondary sector 900
(vi) Value of output of tertiary sector 700
(vii) Rent 10
(viii) Employee compensation 950
(ix) Profits 285
(x) Net factor income from abroad (-) 20
(xi) Interest 5
(xii) Depreciation 40
(xiii) Net indirect taxes 10
(xiv) Mixed income 100
GDP at MP = Rs.1,400 crores
8. Calculate (a) Gross domestic product at market price, and (b) Factor income from abroad
from the following data.
Particulars Rs. in crores
(i) Profits 500
(ii) Exports 40
(iii) Compensation of employees 1,500
(iv) Gross national product at factor cost 2,800
(v) Net current transfers from rest of the world 90
(vi) Rent 300
(vii) Interest 400
(viii) Factor income to abroad 120
(ix) Net indirect taxes 250
(x) Net domestic capital formation 650
(xi) Gross fixed capital formation 700
(xii) Change in stock 50
(a) Rs.3,050 crores; (b) Rs.120 crores