1.

From the following data, caluclate Gross National Product at Market Prices by (a) Income method and (b) Expenditure method.

Answer» Correct Answer - Rs. 880 crores
Rs. 880 crores
Gross National Product at Market Price by Income method
=(iv)+(v)+(vii)+(xvi)+{(viii)-(x)}+(xiv)+{(ix)-(xii)}
=90+210+100+450+{20-40}+20+{55-25}
= Rs. 880 crores
Gross National Product at Market Price by Expenditure method
=(i)+(iii)+{(xi)-(xiii)}+(xv)+{(viii)-(x)}+(xiv)
= 250+150+{60-80}+500+{20-40}+20
= Rs. 880 crores


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