Calculate NDP at FC Subsidies ₹ 1 Sales ₹ 100
Calculate NDP at FC
Particulars | ₹ in Crores |
(i) Subsidies | 1 |
(ii) Sales | 100 |
(iii) Closing Stock | 10 |
(iv) Indirect taxes | 5 |
(v) Intermediate Consumption | 30 |
(vi) Opening Stock | 20 |
(vii) Consumption of fixed Capital | 15 |
Ans: NDP at FC = ₹ 41 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Value of Output = Sales + Closing Stock – Opening Stock
Value of Output = ₹ 100 + ₹ 10 – ₹ 20
Value of Output = ₹ 90 Crores
GDP at MP = Value of Output – Intermediate Consumption
GDP at MP = ₹ 90 – ₹ 30
GDP at MP = ₹ 60 Crores
NDP at FC = GDP at MP – Consumption of fixed Capital – (Indirect tax – Subsidies)
NDP at FC = ₹ 60 – ₹ 15 – (₹ 5 – ₹ 1)
NDP at FC = ₹ 41 Crores
Anurag Pathak Changed status to publish November 11, 2023