Calculate National Income or NNP at FC GDP at MP ₹ 4,800 Indirect taxes ₹ 300

Anurag Pathak 16.97K November 12, 2023 0 Comments

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

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