1.

Calculate (a) net national product at market price and (b) gross national disposable income :Rs. in crores(i)Gross domestic fixed capital formation400(ii)Private final consumption expenditure8,000(iii)Government final consumption expenditure3,000(iv)Change in stock50(v)Consumption of fixed capital40(vi)Net indirect taxes100(vii)Net exports(-)60(viii)Net factor income to abroad(-)80(ix)Net current transfers from abroad100(x)Dividend100

Answer»

(a) NNPMP = Private Final Consumption Expenditure + Government final consumption expenditure + Gross domestic fixed capital formation + Change in Stock + Net Exports + Net Indirect Thxes - Consumption of Fixed Capital - Net factor income to abroad

= 8,000 + 3,000 + 400 + 50 + 100 + (-60)-40-(-80)

=Rs.11,530 crores

(b) Gross National Disposable Income = NNPMP+Net current transfers from abroad + Consumption of Fixed Capital

= 11,530 + 100 + 40

= Rs.11,670 crores



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