Home
Class 12
ECONOMICS
Calculate the gross national product at ...

Calculate the gross national product at factor cost the following data:
(i) Net domestic fixed capital formation 350
(ii) Closing stock 100
(iii) Government final consumption expenditure 200
(iv) Net indirect tax 50
(v) Opening stock 60
(vi) Consumption of fixed capital 50
(vii) Net exports (-)10
(viii) Private final consumption expenditure 1500
(ix) Imports 20
(x) Net factor income from abroad (-)10.

Text Solution

Verified by Experts

`GNP_(fc)=viii+iii+(i+vi+ii-v)+vii+x.-iv`
`=1500+200+(350+50+100-60)+(-10)+(-10)-50`
`=1500+200+440-10-10-50`
=rs 2070 crore.
Promotional Banner

Topper's Solved these Questions

  • METHODS OF ESTIMATING NATIONAL INCOME

    SK AGGARWALA|Exercise MCQ|10 Videos

  • METHODS OF ESTIMATING NATIONAL INCOME

    SK AGGARWALA|Exercise Application que.|12 Videos

  • INFRASTRUCTURE

    SK AGGARWALA|Exercise Multiple Choice|7 Videos

  • MONEY AND BANKING

    SK AGGARWALA|Exercise EXERCISES (MCQs)|3 Videos

Similar Questions

Explore conceptually related problems

Calculate net domestic product at factor cost from the following data :

Calculate net domestic product at factor cost from the following :

Calculate net domestic product at factor cost from the following:

Calculate Net domestic Product at Factor cost from the following :

Calculate Net National Product at Factor Cost :

Calculate net domestic product at factor cost :

Calculate consumption of fixed capital :

Calculate gross national product at factor cost from the following data by (a) income method and (b) expenditure method.

Calculate Net Domestic Product at Factor Cost :

Calculate Net Domestic Product at Factor Cost :