Calculate Net Domestic Product at Market Price, Compensation of employees ₹ 4,000 Dividend ₹ 500
Calculate Net Domestic Product at Market Price:
Particulars | ₹ in Crores |
(i) Compensation of employees | 4,000 |
(ii) Dividend | 500 |
(iii) Mixed Income | 8,000 |
(iv) Social Security Contribution by employers | 400 |
(v) Net factor income to abroad | 600 |
(vi) Net indirect taxes | 1,000 |
(vii) Rent | 800 |
(viii) Consumption of fixed Capital | 1,200 |
(ix) Profit | 1,500 |
(x) Interest | 700 |
Anurag Pathak Changed status to publish November 7, 2023
Solution:-
Calculation of Net Domestic Product at Factor Cost:
NDP at FC = Compensation of Employees + Mixed Income + Rent + Interest + Profit
NDP at FC = ₹ 4,000 + ₹ 8,000 + ₹ 800 + ₹ 700 + ₹ 1,500
NDP at FC = ₹ 15,000 Crore
Calculation of Net Domestic Product at Market Price
NDP at MP = NDP at FC + Net Indirect Taxes
NDP at MP = ₹ 15,000 + ₹ 1,000
NDP at MP = ₹ 16,000 Crore
Anurag Pathak Changed status to publish November 7, 2023