Calculate Net National Product at Market Price Net factor income to abroad ₹ (-) 10 Social Security contribution by employees ₹ 11
Calculate Net National Product at Market Price
| Particulars | ₹ in Crores |
| (i) Net factor income to abroad | (-) 10 |
| (ii) Social Security contribution by employees | 11 |
| (iii) Consumption of fixed Capital | 40 |
| (iv) Compensation of employees | 700 |
| (v) Corporate tax | 30 |
| (vi) Undistributed profits | 10 |
| (vii) Interest | |
| (viii) Rent | |
| (ix) Dividends | |
| (x) Net Indirect tax |
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net National Product at Market Price:
NDP at FC = Compensation of Employees + Mixed Income + Rent + Interest + Profit (Corporate tax + Dividends + Undistributed profits)
NDP at FC = ₹ 700 + 0 + ₹ 100 + ₹ 90 + (₹ 30 + ₹ 20 + ₹ 10)
NDP at FC = ₹ 950
NNP at MP = NDP at FC – Net Factor income to abroad + Net indirect tax
NNP at MP = ₹ 950 – (- 10) + 110
NNP at MP = ₹ 1070 Crore
Anurag Pathak Changed status to publish November 7, 2023
