Question
From the following data calculate GNP at MP via the income method.
(र in crores) |
||
(i) |
Wages and salaries |
700 |
(ii) |
Rent |
100 |
(iii) |
Depreciation |
50 |
(iv) |
Net factor income from abroad |
- 10 |
(v) |
Mixed income |
400 |
(vi) |
Subsidies |
100 |
(vii) |
Profits |
400 |
(viii) |
Indirect taxes |
300 |
(ix) |
Employers contribution to S.S. Schemes |
50 |
(x) |
Interest |
40 |
Solution
NDPFC = 700 + 100 + 400 + 400 + 50 + 40 = 1,690
GDPMP = 1,690 + 50 - 100 + 300 = 1,940
GNPMP = 1,940 + (- 10) = 1,930 crores