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CBSE 2015 Class 12 Economics Delhi Set-2

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Question : 3
Total: 3
Calculate 'Gross National Product at Market Price' and 'Net National Disposable Income :
 S.No.  Particular  Amount ₹ in crore
 (i)  Rent  100
 (ii)  Net current transfers to rest of the world  30
 (iii)  Social security contributions by employers  47
 (iv)  Mixed income  600
 (v)  Gross domestic capital formation  140
 (vi)  Royalty  20
 (vii)  Interest  110
 (viii)  Compensation of employees  500
 (ix)  Net domestic capital formation  120
 (x)  Net factor income from abroad  (-)10
 (xi)  Net indirect tax  150
 (xii)  Profit  200
Solution:  
GNP ‌MP= Compensation of employees + Rent + Interest + Royalty + Profit + Mixed income + NFIA + Net indirect taxes + Gross domestic capital formation - Net domestic capital formation
GNPMP=500+100+110+20+200 +600−10+150+140−120
GNPMP=₹1690‌ crore
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