Suppose GDP at market price ₹ 1000 Cr, Depriciation is ₹ 50 and Net in direct tax is ₹ 100 cr. find out the value of national Income.
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Explanation:
Answer
GDP
MP
=NNP
FC
+Depreciation−NFIA+NIT
1,100=850+ Depreciation −100+150
Depreciation =Rs.200 crores.
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