Calculate NDP at FC Private final consumption expenditure ₹ 400 Gross domestic capital formation ₹ 100
Calculate NDP at FC.
Particulars | ₹ in Crores |
(i) Private final consumption expenditure | 400 |
(ii) Gross domestic capital formation | 100 |
(iii) Change in stocks | 20 |
(iv) Net indirect taxes | 60 |
(v) Net Factor income from abroad | 10 |
(vi) Net Exports | (-) 20 |
(vii) Consumption of fixed Capital | 20 |
(viii) Government final consumption expenditure | 100 |
Ans – NDP at FC – ₹ 500 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
GDP at MP = ₹ 400 + ₹ 100 + ₹ 100 + ₹ (-) 20
GDP at MP = ₹ 580 Crores
NDP at FC = GDP at MP – Consumption of fixed Capital – Net indirect taxes
NDP at FC = ₹ 580 – ₹ 20 – ₹ 60
NDP at FC = ₹ 500 Crores
Anurag Pathak Changed status to publish November 10, 2023