1.

Estimate GDP at factor cost by expenditure and income methods from data given below.HeadsAmount in Rs. crores1. Compensation of employees352902. Govt. final consumption expenditure110413. Private final consumption expenditure713664. Operating surplus157945. Gross fixed capital formation210016. Change in stocks51437. Mixed income of self employed371358. Consumption of fixed capital66519. Net indirect taxes1220310. Net exports–1478

Answer»

Expenditure method

GDPfc = (2) + (3) + (5) + (6) + (10) – (9) 

= 11041 + 71366 + 21001 + 5143 + (–1478) – 12203 

= Rs. 94870 crores.

Income method

GDPfc = (1) + (4) + (7) + (8) 

= 35290 + 15794 + 37135 + 6651 

= Rs. 94870 crores.



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