Question

. Calculate Subsidies.
Particulars
(i) GNP at FC
(ii) Consumption of Fixed Capital
(iii) Indirect Taxes
(iv) Factor income from abroad
(v) NDP at MP
(vi) Factor income to abroad
in crores
27,710
4,000
120
400
24,000
600​

Answer 1

Answer:

Formula: Subsidies= GDP at FC - NNP at MP - Depreciation + Indirect taxes + Factor income from abroad - Factor income to abroad

= 55000 - 55000 - 2500 + 4000 + 1300 - 600

= 2200.