Calculate Factor Income to abroad GNP at FC ₹ 4,280 Subsidies ₹ 80

Anurag Pathak24.20K November 12, 2023 0 Comments

Calculate Factor Income to abroad:

Particulars	₹ in Crores
(i) GNP at FC	4,280
(ii) Subsidies	80
(iii) Factor income from abroad	400
(iv) Depreciation	480
(v) Indirect Taxes	100
(vi) NDP at MP	3,700

Ans: Factor Income to abroad = ₹ 280 Crores

Solution:-

GDP at FC = NDP at MP + Depreciation – (Indirect Taxes – Subsidies)

GDP at FC = (vi) + (iv) – [(v) – (ii)]

GDP at FC = ₹ 3,700 + ₹ 480 – [₹ 100 – ₹ 80]

GDP at FC = ₹ 4,160 Crores

GNP at FC = GDP at FC + (Factor Income from abroad – Factor Income to abroad)

₹ 4,280 = ₹ 4,160 + (₹ 400 – Factor Income to abroad)

Factor Income to abroad = ₹ 4,160 + ₹ 400 – ₹ 4,280

Factor Income to abroad = ₹ 280 Crores