Calculate Gross Domestic Product at market price from the following data:
(i) Consumption of fixed capital 50
(ii) Closing stock 40
(iii) Private final consumption expenditure 500
(iv) Opening stock 60
(v) Net factor income from abroad (-)35
(vi) Exports 25
(vii) Government final consumption expenditure 200
(viii) Imports 40
(ix) Net indirect tax 100
(x) Net domestic capital formation 300

Explanation

`GDP_(mp)=iii+vii+(x+i)+(vi-viii)`
`=500+200+(300+50)+(25-40)`
`=500+200+350+(-15)`
=rs 1035 crore.