Calculate National Income or NNP at FCParticulars₹ in croresGDP at M – InterviewSolution

1.

Calculate National Income or NNP at FCParticulars₹ in croresGDP at MP5,500Consumption of fixed capital300Goods and services tax120Factor income from abroad150Subsidies70Factor income to abroad250

Answer»

National Income or NNP at FC

= GDP at MP -M Consumption of fixed capital + (Factor income from abroad – factor income to abroad) – (Goods and Services tax – Subsidies)

=5,500 – 300 + (150-250) – (120-70)

= ₹ 5,050 crores

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