1.

Calculate Gross National Product at Market Prices by: (a) Expenditure Method and (b) Income Method.

Answer» (a) Gross National Product at Market Prices (Expenditure Method)
=(ii)+(iv)+(vii)-(viii)+(xi)
=200+50+60-10+(-20)
= Rs. 280 crores
(b) Gross National Product at Market Prices (Income Method)
=(i)+(iii)+(v)+(vi)+(xiii)+(ix)+(x)+(xi)
=100+20+10+10+110+20+30+(-20)
=Rs. 280 crores


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