1.

Calculate (a) Gross National Product at factor cost and (b) Net National Disposable Income.(Rs. in crore)(i) Compensation of employees3,000(ii) Profit800(iii) Opening stock200(iv) Closing stock150(v) Indirect taxes700(vi) Rent600(vii) Interest900(viii) Subsidies100(ix) Consumption of fixed capital850(x) Net exports(-) 250(xi) Net factor income to abroad300(xii) Net current transfers from rest of the world400(xiii) Mixed income of self-employed5,000

Answer»

GNPfc = i + vi + vii + ii + xiii + ix - xi

=3,000+600+900+800+5000+850-300

= Rs.10,850 Crore

NNDI =GNPfc + (v - viii) - ix + xii

=10,850+700-100-850+400

=Rs.11,000 Crore



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