12th Class Economics Solved Paper - Economics 2012 Outside Delhi Set-III

  • question_answer
    Find out (a) Net National Product at Market Price form the following:
    (Rs. crore)
    (i) Undistributed profits 20
    (ii) Compensation of employees                   800
    (iii) Rent 300
    (iv) Dividend   100
    (v) Royalty 40
    (vi) Net current transfers to abroad (-) 30
    (vii) Corporation tax 50
    (viii) Interest 400
    (ix) Depreciation 70
    (x) Net factor income from abroad (-) 10
    (xi) Net indirect tax 60

    Answer:

    (a) \[NN{{P}_{MP}}\]
    = Compensation of employees + Rent + Royalty + Undistributed profits + Dividend + Corporation tax + Net factor income earned from abroad + Interest + Net indirect tax
    = (ii) + [(iii) + (v)] + [(i) + (iv) + (vii)] + (x) + (viii) + (xi)
    \[=800+(300+40)+(20+100+50)+(-10)+400+60=800+340+170-10+460\]
    = Rs. 1,760 crores


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