Calculate (a) 'Gross National Product at market place' from the following | ||
(Rs. crore) | ||
(i) | Net factor income to abroad | 10 |
(ii) | Private income | 1,700 |
(iii) | Operating surplus | 300 |
(iv) | Corporation tax | 150 |
(v) | Undistributed Profits | 30 |
(vi) | Mixed income | 500 |
(vii) | Consumption of fixed capital | 100 |
(viii) | Personal taxes | 200 |
(ix) | Compensation of employees | 1,200 |
(x) | Net indirect tax | 250 |
Answer:
(a) \[GN{{P}_{MP}}\]
= Compensation of employees + Mixed Income + Operating surplus + consumption of fixed capital + Net indirect tax - Net factor income to abroad
= (ix) + (vi) + (iii) + (vii) + (x) - (i)
\[=1,200+500+300+100+250-10\]
\[=2,350-10=\text{ }Rs.\text{ }2,340\text{ }crores\]
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