Find out Net National Product at Market Price Interest ₹ 400 Wages and Salaries ₹ 1,000
Find out Net National Product at Market Price:
| Particulars | ₹ in crores |
| (i) Interest | 400 |
| (ii) Wages and Salaries | 1,000 |
| (iii) Net factor income to abroad | (-) 20 |
| (iv) Social security contribution by employers | 100 |
| (v) Net indirect tax | 80 |
| (vi) Rent | 300 |
| (vii) Consumption of fixed capital | 120 |
| (viii) Corporation Tax | 50 |
| (ix) Dividend | 200 |
| (x) Undistributed profits | 60 |
Ans:-
Net National Product at Market Price – ₹ 2,210 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net National Product at Market Price
NDP at FC = Compensation of employees (Wages and Salaries + Social Security contribution by employers) + Mixed Income + Rent + Interest + Profits (Corporation Tax + Dividend + Undistributed Profits)
NDP at FC = ₹ 1,000 + ₹ 100 + 0 + ₹ 300 + ₹ 400 + (₹ 50 + ₹ 200 + ₹ 60)
NDP at FC = ₹ 2,110
NNP at MP = NDP at FC – Net factor income to abroad + Net indirect tax
NNP at MP = ₹ 2,110 – (- ₹ 20) + ₹ 80
NNP at MP = ₹ 2,210 Crores
Anurag Pathak Changed status to publish November 7, 2023
