Question

Calculate "Gross National Product at market price’’ from the following data.
Particulars
Rs. in crores
Compensation of employees
2,000
Interest
500
Rent
700
Profits
800
Employer’s contribution to social security schemes
201
Dividends
300
Consumption of fixed capital
100
Net indirect taxes
250
Net exports
70
Net factor income to abroad
150
Mixed income of self employed
1,500

Answer 1

Explanation:

compensation=2000

interest 500

rent 700

profits 800

mixed income 1500

by adding these values we got 5500 nd this is NDP AT FC

we have to find GNP AT MP

GNP AT MP = NDP AT FC + DEP. + NFYA +NIT

=5700