InterviewSolution
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InterviewSolution
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Calculate Net National Product at Market Price and Private income :(Rs. in crore)(i) Net Current Transfers to Abroad10(ii) Private Final Consumption Expenditure500(iii) Current Transfers from Government30(iv) Net Factor Income to Abroad20(v) Net Exports(-) 20(vi) Net Indirect Tax120(vii) National Debt Interest70(viii) Net Domestic Capital Formation80(ix) Income Accruing to Government60(x) Government Final Consumption Expenditure100 |
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Answer» GDPMP = Private Final Consumption Expenditure +Government Final Consumption Expenditure + (Net Domestic Capital Formation + Depreciation) + Net Exports GDPMP = 500+ 100+ (80+ 0) + (-20) GDPMP = Rs.660crore NNPMP= GDPMP - Depreciation - Net Factor Income to Abroad NNPMP = 660-0-20 NNPMP = Rs.640crore Private Income = NNPMP - Net Indirect Tax - Income Accruing to Government + Current tansfers from Government - Net Current Tlansfers to Abroad + National Debt Interest Private Income = 640 - 120 - 60 + 30 - 10 + 70 Private Income =Rs. 550 crore |
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