question_answer

Find out (a) Net National Product at Market Price:
(Rs. in crore)
(i)	Net current transfers from abroad	(-) 10
(ii)	Wages and Salaries	1,000
(iii)	Net factor income to abroad	(-) 20
(iv)	Social security contributions by employers	100
(v)	Net Indirect Tax	80
(vi)	Rent	300
(vii)	Consumption of fixed capital	120
(viii)	Corporation Tax	50
(ix)	Dividend	200
(x)	Undistributed profits	60
(xi)	Interest	400

Answer:

(a) Net National Product at Market Price

= Wages and salaries + social security contributions by employers + Rent + Interest + Corporation tax + Dividend + Undistributed profits + Net indirect tax - Net factor income to abroad

= (ii) + (iv) + (vi) + (xi) + (viii) + (ix) + (x) + (v) - (iii)

\[=1,000+100+300+400+50+200+60+80-(-20)\]

= Rs. 2,210 crore