Question
From the following data calculate (i) net domestic product at FC, and (ii) gross national disposable income.
|
(र in crores) |
||
|
(i) |
Net current transfers to rest of the world |
-60 |
|
(ii) |
Net factor income from abroad |
-40 |
|
(iii) |
Govt. final consumption expenditure |
2000 |
|
(iv) |
Private final consumption expenditure |
6000 |
|
(v) |
Net domestic fixed capital formation |
800 |
|
(vi) |
Gross domestic capital formation |
950 |
|
(vii) |
Changes in stock |
50 |
|
(viii) |
Net export |
-50 |
|
(ix) |
Profits |
1000 |
|
(x) |
Net indirect tax |
700 |
Solution
(i) NDP at FC = (iii) + (iv) + (v) + (vii) - (viii) - (x)
= 2000 + 6000 + 800 + 50 + (-50) - 700
= 8100 crores
(ii) GNDI = NDP at FC + Depreciation + (ii) - (i) + (x)
= 8100 + (950 - 800 - 50) + (-40) - (-60) + 700
= 8100 + 100 - 40 + 60 + 700 = 8920 crores.
