Calculate the (a) Gross National Product at market price, and (b) Net National Disposable Income :
Calculate the (a) Gross National Product at market price, and (b) Net National Disposable Income :
| (Rs. in crores) | |
| (i) Compensation of employees | 2,500 |
| (ii) Profit | 700 |
| (iii) Mixed income of self-employed | 7,500 |
| (iv) Government final consumption expenditure | 3,000 |
| (v) Rent | 400 |
| (vi) Interest | 350 |
| (vii) Net factor income from abroad | 50 |
| (viii) Net current transfer to abroad | 100 |
| (ix) Net indirect taxes | 150 |
| (x) Depreciation | 70 |
| (xi) Net exports | 40 |
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GNPMT= Compensation of employees + Profit + Rent + Interest + Mixed income of self employed + Depreciation + Net factor income from abroad + Net indirect taxes + Government final consumption expenditure
= 2500 + 700 + 400 + 350 + 7500 + 70 + 50 + 150 + 3000
= 14,720
Net National Disposable Income = GNPMP- Depreciation - Net current transfer to abroad
= 14,720 -70 -100
= 1.4,550
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