Calculate GNP at MP Indirect tax ₹ 200 Consumption of fixed Capital ₹ 100 Factor income to abroad ₹ 250
Calculate GNP at MP
| Particulars | ₹ in Crores |
| (i) Indirect tax | 200 |
| (ii) Consumption of fixed Capital | 100 |
| (iii) Factor income to abroad | 250 |
| (iv) Factor income from abroad | 320 |
| (v) Rent | 250 |
| (vi) Dividend | 220 |
| (vii) Mixed Income | 120 |
| (viii) Saving of private corporate sector | 200 |
| (ix) Interest | 100 |
| (x) Subsidies | 200 |
| (xi) Compensation of employees | 500 |
| (xii) Corporate tax | 400 |
Ans – GNP at MP – ₹ 1,960 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of GNP at MP
NDP at FC = Compensation of Employees + Mixed Income + Rent + Interest + Profit (Corporate tax + Dividend + Saving of private corporate sector)
NDP at FC = ₹ 500 + ₹ 120 + ₹ 250 + ₹ 100 + (₹ 400 + ₹ 220 + ₹ 200)
NDP at FC = ₹ 1,790 Crore
GNP at MP = NDP at FC + Consumption of fixed Capital + Net factor income from abroad (Factor income from abroad – Factor income to abroad) + Net indirect tax (Indirect tax – Subsidies)
GNP at MP = ₹ 1,790 + ₹ 100 + (₹ 320 – ₹ 250) + (₹ 200 – ₹ 200)
GNP at MP = ₹ 1,960 Crores
Anurag Pathak Changed status to publish November 10, 2023
