Question
Find Gross National Product at Market Price and Private Income: (Rs in crore)
(i) Private final consumption expenditure 800
(ii) Net Current transaction to abroad 20
(iii) Net factor income to abroad (-) 10
(iv) Government final consumption expenditure 300
(v) Net indirect tax 150
(vi) Net domestic capital formation 200
(vii) Current transfer to government 40
(viii) Depreciation 100
(ix) Net imports 30
(x) Income accruing to government 90
(xi) National debt interest 50
Solution

= Rs, 1380 crore.
Private Income = GDPMP - Net indirect taxes - Depreciation - Income accruing to government - Net factor income to abroad + Current transfers from Government - Net Current transfers to abroad + National debt interest.
= 1370 - 150 - 100 - 90- (-10)+ 40 -20 + 50 = Rs 1,110 crore.