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National Income Accounting

Question
CBSEENEC12013276

Calculate (a) GNP at MP, and (b) NNP at FC from the following data:

   

(र in crores)

(i)

Gross domestic capital formation

94

(ii)

Net exports

(-) 6

(iii)

Private final consumption expenditure

260

(iv)

Net factor income from abroad

(-)3

(v)

Consumption of the fixed capital

39

(vi)

Net change in stocks

11

(vii)

Net indirect taxes

43

(viii)

Government final consumption expenditure

47

 

 

Solution

(a) GNP at MP = 392 crores
(b) NNP at FC = 310 crores