question_answer

Calculate Net National Product at Market Price
(i)	Net current transfers to abroad	10
(ii)	Private final consumption expenditure	500
(iii)	Current transfers from government	30
(iv)	Net exports	\[()20\]
(v)	Net indirect tax	120
(vi)	National debt interest	70
(vii)	Net domestic capital formation	80
(viii)	Income accuring to government	60
(ix)	Income accruing to government	60
(x)	Government final consumption expenditure	100

Answer:

GDPmp = Private Final Consumption Expenditure + Government Final Consumption Expenditure + (Net Domestic Capital Formation + Depreciation) + Net Exports

\[=500+100+(80+0)+(20)\]

\[=600+8020\]

\[=68020\]

= Rs. 660 crores.

NNPmp = GDP mp \[\] Depreciation \[\] Net Factor Income to abroad

\[=660020\]

\[=66020\]

= Rs. 640 crores.