Calculate Value of “Interest” from the following data Indirect tax ₹ 1,500 Subsidies ₹ 700
Calculate Value of “Interest” from the following data:
| Particulars | ₹ in Crores |
| (i) Indirect tax | 1,500 |
| (ii) Subsidies | 700 |
| (iii) Profits | 1,100 |
| (iv) Consumption of fixed capital | 700 |
| (v) Gross domestic product at market price | 17,500 |
| (vi) Compensation of employees | 9,300 |
| (vii) Interest | ? |
| (viii) Mixed Income of self-employed | 3,500 |
| (ix) Rent | 800 |
Interest = ₹ 1,300 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
NDP at FC = GDP at MP – Consumption of fixed Capital – Indirect tax + subsidies
NDP at FC = (v) – (iv) – (i) – (ii)
NDP at FC = ₹ 17,500 – ₹ 700 – ₹ 1,500 + ₹ 700
NDP at FC = ₹ 16,000
NDP at FC = Compensation of Employees + Mixed income of self-employed + Rent + Interest + Profits
₹ 16,000 = 9,300 + 3,500 + ₹800 + Interest + ₹ 1,100
Interest = ₹ 16,000 – 9,300 – 3,500 – ₹800 – ₹ 1,100
Interest = ₹ 1,300 Crores
Anurag Pathak Changed status to publish November 5, 2023
