Calculate Domestic Income GNP at FC ₹ 2,700 Indirect Taxes ₹ 60
Calculate Domestic Income GNP at FC
| Particulars | ₹ in Crores |
| (i) GNP at FC | 2,700 |
| (ii) Indirect Taxes | 60 |
| (iii) Factor income from abroad | 150 |
| (iv) Factor income to abroad | 180 |
| (v) Replacement of Fixed Capital | 150 |
Ans: Domestic Income = ₹ 2,580 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Domestic Income (NDP at FC) = GNP at FC – Replacement of fixed capital – (Factor income from abroad – Factor income to abroad)
Domestic Income (NDP at FC) = (i) – (v) – [(iii) – (iv)]
Domestic Income (NDP at FC) = ₹ 2,700 – ₹ 150 – [₹ 150 – ₹ 180]
Domestic Inncome (NDP at FC) = ₹ 2,580 Crores
Anurag Pathak Changed status to publish November 12, 2023
