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CBSE 2016 Class 12 Economics Outside Delhi Set-2

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Question : 5
Total: 5
Calculate Net National Product at Market Price and (Private income) :
 S.No.  Particular  Amount ₹ in crore
 (i)  Net current transfers to abroad  10
 (ii)  Private final consumption expenditure  500
 (iii)  Current transfers from government  30
 (iv)  Net exports  (-)20
 (v)  Net indirect tax  120
 (vi)  National debt interest  70
 (vii)  Net domestic capital formation  80
 (viii)  Income accruing to government  60
 (ix)  Income accruing to government  60
 (x)  Government final consumption expenditure  100
Solution:  
GDPMP= Private Final Consumption Expenditure + Government Final Consumption Expenditure + (Net Domestic Capital Formation+ Depreciation) + Net Exports
‌=500+100+(80+0)+(−20)
‌=600+80−20
‌=680−20
‌=₹660‌ crores. ‌
NNPMP=GDPMP− Depreciation - Net Factor Income to abroad
‌=660−0−20
‌=660−20
‌=₹640‌ crores. ‌
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