Calculate GNP at MP Personal Consumption Expenditure ₹ 27,500 Government consumption expenditure ₹ 3,000
Calculate GNP at MP
| Particulars | ₹ in Crores |
| Personal Consumption Expenditure | 27,500 |
| Government consumption expenditure | 3,000 |
| Gross Domestic fixed capital formation | 2,500 |
| Import of goods and services | 500 |
| Net factor income from abroad | (-) 250 |
| Subsidy | 250 |
| Fall in Stock | 300 |
| Export of goods and services | 450 |
| Depreciation | 1,000 |
| Net indirect taxes | 1,000 |
Ans: GNP at MP = ₹ 32,400 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
GDP at MP = Personal Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Fixed Capital Formation – Fall in stock + Net Exports (Exports of goods and sercies – Imports of goods and services)
GDP at MP = ₹ 27,500 + ₹ 3,000 + ₹ 2,500 – ₹ 300 + (₹ 450 – ₹ 500)
GDP at MP = ₹ 32,650 Crores
GNP at MP = GDP at MP + Net Factor income from abroad
GNP at MP = ₹ 32,650 + ₹ (-) 250
GNP at Mp = ₹ 32,400 Crores
Anurag Pathak Changed status to publish November 10, 2023
