Calculate Net Domestic Product at Factor Cost Exports ₹ 30 Private Final Consumption Expenditure ₹ 800
Calculate Net Domestic Product at Factor Cost:
| Particulars | ₹ in Crores |
| (i) Exports | 30 |
| (ii) Private Final Consumption Expenditure | 800 |
| (iii) Net Imports | (-) 20 |
| (iv) Net Domestic Capital Formation | 100 |
| (v) Net factor income to abroad | 10 |
| (vi) Depreciation | 50 |
| (vii) Change in Stocks | 17 |
| (viii) Net indirect tax | 120 |
| (ix) Government final consumption expenditure | 200 |
Ans:-
Net Domestic Product at Factor Cost = ₹ 1,000 Crore
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net Domestic Product at Factor Cost:
GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation (net domestic capital formation + Depreciation) – Net Imports
GDP at MP = ₹ 800 + ₹ 200 + (₹ 100 + ₹ 50) – (- 20)
GDP at MP = ₹ 1170
NDP at FC = GDP at MP – Depreciation – Net Indirect Tax
NDP at FC = ₹ 1170 – ₹ 50 – ₹ 120
NDP at FC = ₹ 1000 Crore
Anurag Pathak Changed status to publish November 7, 2023
