Calculate Net Domestic Product at Factor Cost Dividends ₹ 50 Social Security Contribution by employers ₹ 40
Calculate Net Domestic Product at Factor Cost:
Particulars | ₹ Crores |
(i) Dividends | 50 |
(ii) Social Security Contribution by employers | 40 |
(iii) Corporate profit tax | 30 |
(iv) Consumption of fixed Capital | 60 |
(v) Net Factor income to abroad | 20 |
(vi) Retained earnings of private corporate sector | 20 |
(vii) Interest | 150 |
(viii) Net current transfers to rest of the world | (-) 10 |
(ix) Rent | 100 |
(x) Net indirect tax | 70 |
(xi) Compensation of employees | 600 |
Ans:- Net Domestic Product at Factor Cost = ₹ 950 Crore
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net Domestic Product a Factor Cost
NDP at FC = Compensation of Employees + Mixed Income of Self-Employed + Rent + Interest + Profit (Dividends + Corporate Profit Tax + Retained earnings of private Corporate Sector)
NDP at FC = ₹ 600 + 0 + ₹ 100 + ₹ 150 + ( ₹ 50 + ₹ 30 + ₹ 20)
NDP at FC = ₹ 950 Crore
Anurag Pathak Changed status to publish November 6, 2023