Question

Gross National Product at market price is ₹ 4000 crore , the capital stock is worth ₹ 8000 crore .
Depreciation rate of the capital stock is 12.5. %.Factor income from the rest of the world is ₹ 600
cr,and to the rest of the world is ₹ 900 cr. Indirect taxes amount to ₹ 200 crore and subsidies
amount is ₹ 50 crore . Calculate,(a) NDP mp ( b) NDP FC

Answer 1

Explanation:

Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides the technological solutions to environmentally sound industrialization.

Answer 2

Depreciation: 10% * 120000 = 12000

Formula: National Income or NNP at FC = GNP at MP - Depreciation - Indirect Tax + Subsidies

= 65000 - 12000 - 6000 + 1000

= Rs 48000 crores.

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