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Calculate Subsidies....

Calculate Subsidies.

Text Solution

Verified by Experts

The correct Answer is:
Subsidies = ₹ 30 crores
GNP at FC = NDP at MP + Consumption of Fixed Capital + (Factor income from abroad - Factor income to abroad ) - (Indirect Taxes - Subsidies )
It means :
Subsidies
= GNP at FC - Consumption of Fixed Capital - (Factor income from abroad - Factor income to abroad ) + Indirect Taxes - NDP at MP
= 27, 710 - 4, 000 - (400 - 600) + 120 - 24, 000
= ₹ 30 crores
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