Question

Calculate net national product at market price



Particulars (Rupees in crores)

1. Net factor income to Abroad

2. Net current transfer to abroad

3. Consumption of fixed capital

4. Compensation of employees

5. Corporate tax

6. Undistributed profit

7. Interest

8. Rent

9. Dividends

10. Net indirect tax

11. Social security contributions by

employees

(-) 10

5

40

700

30

10

90

100

20

110

11​

Answer 1

Explanation:

GDP at FC = (i) + [(ii) + (x)] + [(iii) + (vi) + (viii)] + (xi) + (ix)

= 6000 + [1800 + 200] + [400 + 120 + 80] + 1000 + 50

= 6000 + 2000 + 600 + 1000 + 50 = Rs. 9650 cr.

NNP at MP = GDP at FC + (iv) – (ix) – (vii)

= 9650 + 100 – 50 – 70 = Rs.9630 cr.