Home
Class 12
ECONOMICS
Calculate Gross Domestic Product at mark...

Calculate Gross Domestic Product at market price by : (a) Production Method (b) Income Method :

Text Solution

Verified by Experts

(a) Product method
`GVO_(MP)=ii(a)+(b)+(c)`
`=1000+900+700= Rs 2600` crore
Intermediate consumption `=i(a)+(b)+(c)`
`=500+400+300= Rs 1200` crore
`GDP_(MP)=GVO_(MP)-I.C.`
`=2600-1200= Rs 1400` crore
(ii) Income method
`NDP_(FC)=COE+OS+MI`
`=400+300+650=Rs 1350` crore
`GDP_(MP)=NDP_(FC)="Dep."+NIT`
`=1350+30+20= Rs 1400` crore
Promotional Banner

Topper's Solved these Questions

  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise ILLUSTRATION|4 Videos
  • MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME

    RADHA BHUGANA|Exercise Let Us Recapitulate|22 Videos
  • INTRODUCTION- MACROECONOMICS

    RADHA BHUGANA|Exercise guidelines to NCERT questions|2 Videos
  • MONEY

    RADHA BHUGANA|Exercise Guidelines To NCRT Questions|2 Videos

Similar Questions

Explore conceptually related problems

Calculate Gross Domestic Product at Market Price by (a) Production Method, and (b) Income Method (i) Intermediate consumption of: (a) Primary sector 500 (b) Secondary sector 400 (c) Tertiary sector 300 (ii) Value of output of: (a) Primary sector 1000 (b) Secondary sector 900 (c) Tertiary sector 700 (iii) Rent 10 (iv)) Emoluments of employees 400 (v) Mixed income 650 (vi) Operating surplus 300 (vii) Net factor income from abroad (-)20 (viii) Interest 5 (ix) Consumption of fixed capital 40 (x) Net indirect tax 10

Calculate gross domestic product at market price by (i) Production method (ii) Income method

Calculate Net Domestic Product at Market Price.

Calculate Net Domestic Product at Market Price :

Calculate 'Net Domestic Product at Market Price' :

Calculate Groos National Product at Market Price.

Calculate Gross National Product at Market Prices by: (a) Expenditure Method and (b) Income Method.

Calculate Net National Product at market price :

RADHA BHUGANA-MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME-UNSOLVED NUMERICALS
  1. Calculate Gross Domestic Product at market price by : (a) Production M...

    Text Solution

    |

  2. Calculate sales from the following data :

    Text Solution

    |

  3. Find net value added at market price :

    Text Solution

    |

  4. Calculate net value added at market price :

    Text Solution

    |

  5. Calculate value of output from the following data :

    Text Solution

    |

  6. Calculate intermediate consumption from the following items :

    Text Solution

    |

  7. Calculate net value added at factor cost from the following :

    Text Solution

    |

  8. Calculate sales from the following data :

    Text Solution

    |

  9. Calculate gross value added at market price from the following data :

    Text Solution

    |

  10. Calculate gross value added at factor cost from the following data :

    Text Solution

    |

  11. Calculate net domestic product at factor cost from the following data ...

    Text Solution

    |

  12. Calculate net value added at factor cost :

    Text Solution

    |

  13. Calculate sales from the following data :

    Text Solution

    |

  14. Calculate : (i) Value of output (ii) Net value added at factor cost.

    Text Solution

    |

  15. From the following data about a firm, calculate the firm's net value a...

    Text Solution

    |

  16. From the following information about firm 'X', find net value added at...

    Text Solution

    |

  17. Calculate net value added at factor cost from the following data :

    Text Solution

    |

  18. From the following data relating to a firm, calculate national income ...

    Text Solution

    |

  19. From the following data, find out : (i) Value of gross product of th...

    Text Solution

    |

  20. Calculate (i) Value added by firm A and firm B (ii) Gross domestic p...

    Text Solution

    |

  21. Calculate gross domestic product at market price and gross national pr...

    Text Solution

    |