Home
Class 12
ECONOMICS
Calculate National income or NNP at FC ....

Calculate National income or NNP at FC .

Text Solution

Verified by Experts

The correct Answer is:
NNP at MP = ₹ 5,050 crores
National Income or NNP at FC
= GDP at MP - Consumption of Fixed Capital + (Factor income from abroad - Factor income to abroad ) - (Goods and Services Tax - Subsidies )
= `5,500 - 300 + (150 - 250) - (120 - 70)
= ₹ 5,050 crores
Promotional Banner

Topper's Solved these Questions

  • NATIONAL INCOME AND RELATED AGGREGATES

    SANDEEP GARG|Exercise HOTS (Higher Order Thinking Skills Questions)|2 Videos

  • NATIONAL INCOME AND RELATED AGGREGATES

    SANDEEP GARG|Exercise True and False|3 Videos

  • NATIONAL INCOME AND RELATED AGGREGATES

    SANDEEP GARG|Exercise Unsolved Practicals|11 Videos

  • MONEY

    SANDEEP GARG|Exercise Example|1 Videos

  • REVISION SECTION SCANNER

    SANDEEP GARG|Exercise CBSE Examination Paper -(2018-19) CLASS-XII|12 Videos

Similar Questions

Explore conceptually related problems

Calculate Domestic Income or NDP at FC.

Calculate National Income (NNP_(FC)) by income and output method.

Calculate NDP at FC

Calculate 'National income' from the following :

Calculate National income from the following data :

Calculate National income and from the following data :

Calculate National income from the following data :

Calculate 'National income' from the following data :

Calculate NNP at FC.