CBSE 2016 Class 12 Economics Outside Delhi Set-1

Question : 19

Total: 19

Find Gross National Product at Market Price and (Private Income :

S.No.	Particular	Amount ₹ in crore
(i)	Private final consumption expenditure	800
(ii)	Net current transfers 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 transfers from government	40
(viii)	Depreciation	100
(ix)	Net imports	30
(x)	Income accruing to government	90
(xi)	National debt interest	50

Solution:

GDPmp= Private Final Consumption Expenditure + Government Final Consumption Expenditure + (net domestic capital formation+ depreciation) -net imports
GDPmp=800+300+(200+100)−30
‌=1100+(300)−30
‌=1400−30=₹1370‌ crores. ‌
GNPmp=GDPmp - net factor income to abroad
=1370−(−10)=₹1380 crores.

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