Find out (a) Net National product at a Market price and (b) Gross Nati

1.	Find out (a) Net National product at a Market price and (b) Gross National Disposable Income:(Rs. in crore)(i) Wages and Salaries700(ii) Rent100(iii) Net Current transfers to Abroad10(iv) Net Indirect Tax70(v) Royalty50(vi) Profits300(vii) Net Factor Income to Abroad(-) 20(viii) Consumption of Fixed Capital120(ix) Social Security Contribution by Employers60(x) Social Security Contribution by Employees40(xi) Interest400
Answer» (i) NNP_MP = (i) + (ii) + (v) + (vi) + (ix) + (xi) + (iv) - (vii) =700+100+50+300+60+400+70-(-20) =Rs.1,700 crore (ii) GNDI= GNP_MP - Net Current Transfers to Abroad =NNP_MP+(viii) - (iii) =1,700+120-10 =Rs.1,810 crore

Find out (a) Net National product at a Market price and (b) Gross National Disposable Income:(Rs. in crore)(i) Wages and Salaries700(ii) Rent100(iii) Net Current transfers to Abroad10(iv) Net Indirect Tax70(v) Royalty50(vi) Profits300(vii) Net Factor Income to Abroad(-) 20(viii) Consumption of Fixed Capital120(ix) Social Security Contribution by Employers60(x) Social Security Contribution by Employees40(xi) Interest400

Answer»

(i) NNP_MP = (i) + (ii) + (v) + (vi) + (ix) + (xi) + (iv) - (vii)

=700+100+50+300+60+400+70-(-20)

=Rs.1,700 crore

(ii) GNDI= GNP_MP - Net Current Transfers to Abroad

=NNP_MP+(viii) - (iii)

=1,700+120-10

=Rs.1,810 crore