Question
From the following data calculate GDP at MP :
|
(र in crores) |
||
|
(i) |
Value of output in primary sector |
2,000 |
|
(ii) |
Intermediate consumption of secondary sector |
800 |
|
(iii) |
Intermediate consumption of tertiary sector |
1,000 |
|
(iv) |
Net factor income from abroad |
-30 |
|
(v) |
Net indirect taxes |
300 |
|
(vi) |
Value of output in tertiary sector |
1,400 |
|
(vii) |
Value of output of secondary sector |
1,800 |
|
(viii) |
Intermediate consumption of tertiary sector |
600 |
Solution
GDP at MP = Value added by Primary sector + Secondary sector + Tertiary sector
= (2000 - 1000) + (1800 - 800) + (1400 - 600)
= 2800 crores.
