Find out (a) Gross National product at Market Price and (b) Net Curren

1.	Find out (a) Gross National product at Market Price and (b) Net Current Transfers from Abroad:(Rs. in crore)(i) Net National Disposable Income1,100(ii) Net Indirect Tax120(iii) Private Final Consumption Expenditure750(iv) Government Final Consumption Expenditure250(v) Net Domestic Fixed Capital Formation200(vi) Net Imports(-) 40(vii) Net Factor Income to Abroad(-) 20(viii) Depreciation50(ix) Change in Stock10
Answer» (i) + (iii) + (iv) + (v) + (ix) - (vii) + (viii) - (vi) GNP_MP = 750+250+200+10-(-20)+50-(-40) =Rs.1,320 crore (ii) Net Current Transfers = NNDI-NNP_MP from Abroad= 1,100-(1,320-50) =Rs.(-)170 crore

Find out (a) Gross National product at Market Price and (b) Net Current Transfers from Abroad:(Rs. in crore)(i) Net National Disposable Income1,100(ii) Net Indirect Tax120(iii) Private Final Consumption Expenditure750(iv) Government Final Consumption Expenditure250(v) Net Domestic Fixed Capital Formation200(vi) Net Imports(-) 40(vii) Net Factor Income to Abroad(-) 20(viii) Depreciation50(ix) Change in Stock10

Answer»

(i) + (iii) + (iv) + (v) + (ix) - (vii) + (viii) - (vi)

GNP_MP = 750+250+200+10-(-20)+50-(-40)

=Rs.1,320 crore

(ii) Net Current Transfers = NNDI-NNP_MP

from Abroad= 1,100-(1,320-50)

=Rs.(-)170 crore