Calculate Net Domestic Product at Market Price Private Final Consumption Expenditure ₹ 400 Opening Stock ₹ 10
Calculate Net Domestic Product at Market Price:
| Particulars | ₹ in Crores |
| (i) Private Final Consumption Expenditure | 400 |
| (ii) Opening Stock | 10 |
| (iii) Consumption of Fixed Capital | 25 |
| (iv) Imports | 15 |
| (v) Government Final Consumption Expenditure | 90 |
| (vi) Net Factor income to abroad | (-) 5 |
| (vii) Gross Domestic Fixed Capital Formation | 80 |
| (viii) Closing Stock | 20 |
| (ix) Exports | 10 |
Ans:-
Net Domestic Product at Market Price = ₹ 550 Crore
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net Domestic Product at Market Price
GDP at MP = Private Final Consumption Expenditure + Government Finalc Consumption Expenditure + Gross Domestic Capital Formation (Gross Domestic Fixed Capital Formation + Change in stock) + Net Exports (Exports – Imports)
GDP at MP = ₹ 400 + ₹ 90 + (₹ 80 + ₹ 20 – ₹ 10) + (10 – 15)
GDP at MP = ₹ 575
NDP at MP = GDP at MP – Consumption of Fixed Capital
NDP at MP = ₹ 575 – ₹ 25
NDP at MP = ₹ 550 Crore
Anurag Pathak Changed status to publish November 7, 2023
