Student Community

From the following information, compute GNP at MP, GDP at FC = ₹ 3,000; Net factor income to abroad = ₹ 200. Indirect taxes = ₹ 420; Subsidies = ₹ 240

Anurag Pathak
December 7, 2023
MCQs (National Income), Numericals (National Income)

582 viewsDecember 22, 2023MCQs (National Income)Numericals (National Income)

Anurag Pathak28.55K December 7, 2023 0 Comments

From the following information, compute GNP at MP, GDP at FC = ₹ 3,000; Net factor income to abroad = ₹ 200. Indirect taxes = ₹ 420; Subsidies = ₹ 240.

(a) ₹ 3,380

(b) ₹ 2,980

(d) ₹ 2,620

Anurag Pathak Changed status to publish December 22, 2023

Add a Comment

1 Answer

Anurag Pathak28.55K Posted December 7, 2023 0 Comments

Ans – (b)

Solution:-

GNP at MP = GDP at FC – Net factor income to abroad + Net indirect taxes (Indirect taxes – Subsidies)

GNP at MP = ₹ 3,000 – ₹ 200 + ₹ 420 – ₹ 240

GNP at MP = ₹ 2,980

Anurag Pathak Changed status to publish December 7, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8115

Telegram Channel

Telegram Channel

From the following information, compute GNP at MP, GDP at FC = ₹ 3,000; Net factor income to abroad = ₹ 200. Indirect taxes = ₹ 420; Subsidies = ₹ 240

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions