Calculate GNP at MP Employee Compensation ₹ 600 Rent and Interest ₹ 350 Profit ₹ 200
Calculate GNP at MP
| Particulars | ₹ in Crores |
| (i) Employee Compensation | 600 |
| (ii) Rent and Interest | 350 |
| (iii) Profit | 200 |
| (iv) Indirect Tax | 160 |
| (v) Consumption of fixed Capital | 200 |
| (vi) Mixed Income of the Self-employed | 850 |
| (vii) Subsidies | 40 |
| (viii) Net Current transfers from rest of the world | 850 |
| (ix) Net Factor income from abroad | (-) 100 |
Ans – GNP at MP = ₹ 2,220 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of GNP at MP
NDP at FC = Employee Compensation + Mixed Income of the self-employed + Rent and Interest + Profit
NDP at FC = ₹ 600 + ₹ 850 + ₹ 350 + ₹ 200
NDP at FC = ₹ 2,000 Crore
GNP at MP = NDP at FC + Consumption of fixed Capital + Net Factor income from abroad + Net indirect tax (Indirect tax – Subsidies)
GNP at MP = ₹ 2,000 + ₹ 200 + ₹ (-) 100 + (₹ 160 – ₹ 40)
GNP at MP = ₹ 2220 Crores
Anurag Pathak Changed status to publish November 10, 2023
