Calculate National Income or NNP at FC GDP at MP ₹ 4,800 Indirect taxes ₹ 300
Calculate National Income or NNP at FC
| Particulars | ₹ in Crores |
| (i) GDP at MP | 4,800 |
| (ii) Indirect taxes | 300 |
| (iii) Net Factor income from abroad | 80 |
| (iv) Consumption of Fixed Capital | 200 |
| (v) Subsidies | 60 |
Ans: National Income = ₹ 4,440 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
NNP at FC = GDP at MP – Consumption of fixed Capital + Net Factor income from abroad – Net indirect taxes (Indirect taxes – Subsidies)
NNP at FC = (i) – (iv) + (iii) – [(ii) – (v)
NNP at FC = ₹ 4,800 – ₹ 200 + ₹ 80 – (₹ 300 – ₹ 60)
NNP at FC = ₹ 4,440 Crores
Anurag Pathak Changed status to publish November 12, 2023
