Home
Class 12
ECONOMICS
Calculate from the following data : (i...

Calculate from the following data :
(i) Net domestic product at market price `(NDP_(MP))`.
(ii) Net national product at market price `(N NP_(MP))`.
(iii) Net national product at factor cost `(N NP_(FC))`.
(iv) Gross national product at market price `(GNP_(MP))`

Text Solution

Verified by Experts

(i) `NDP_(MP)=GDP_(MP)-"Depreciation"`
`=15,000-100= Rs 14,900` crore
(ii) `N NP_(MP)=NDP_(MP)+"Net factor income from abroad"`
`=14,900+800= Rs 15,700` crore
(iii) `N NP_(FC)=N NP_(MP)-"Net indirect taxes (indirect taxes - subsidies)"`
`=15,700-75+50` or `15,700-25`
`N NP_(FC)= Rs 15,675` crore
(iv) `GNP_(MP)=GDP_(MP)+"Net factor income from abroad"`
`=15,000+800= Rs 15,800` crore
Promotional Banner

Topper's Solved these Questions

  • NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS

    RADHA BHUGANA|Exercise Let Us Recapitulate|37 Videos
  • NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS

    RADHA BHUGANA|Exercise MCQs|10 Videos
  • MONEY

    RADHA BHUGANA|Exercise Guidelines To NCRT Questions|2 Videos
  • SAMPLE QUESTION PAPER

    RADHA BHUGANA|Exercise Section B|1 Videos

Similar Questions

Explore conceptually related problems

Find Gross National Product at Market Price :

Calculate N NP_(MP) from the following data :

Find out Gross National Product at Market Price :

Calculate Net National Product at market price :

Find out Gross National Product at Market Price:

Find out Net National Product at Market Price:

From the following data calculate Gross national product at market price :

Calculate Net Domestic Product at Market Price :

Calculate Net National Product at Market Price