CBSE 2017 Class 12 Economics Outside Delhi Set-3

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Question : 5
Total: 5
Calculate the (a) Gross National Product at market price, and (b) Net National Disposable Income :
 (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 to abroad  50
 (viii)   Net current transfers to abroad  100
 (ix)   Net indirect taxes  150
 (x)  Depreciation  70
 (xi)  Net exports  240
Solution:  
(a) GNPmp= ?
NDPfc=COE+MI+OS ( Rent + profit + interest )
(i) +( iii) +( v) +( ii )+( vi )
=2500+7500+400+700+350
=11,450 crores
NNPmp=NDPFC+NFIA + Net indirect tax.
=NDPFC+(vii)+(ix)
=11,450+50+150
= 11,650 crores
GNPmp=NNPmp+ Depreciation
=NNPmp+(x)
=11,650+70
=11,720 crores.
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