Question : Calculate GNP at MP Particulars Rs. in crore Gross fixed capital formation 150 Private final consumption expenditure 210 Mixed income 200 Net factor income from ROW -20 Exports 20 ...

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Question : Calculate GNP at MP

Particulars Rs. in crore

Gross fixed capital formation 150

Private final consumption expenditure 210

Mixed income 200

Net factor income from ROW -20

Exports 20

Imports 10

Compensation of employees 250

Government final consumption expenditure 70

Consumption of fixed capital 40

Indirect tax 20

Subsidies 20

Rent, interest and profit 30

Change in stock 50

Interest on national debt 100

Option 1: 400
Option 2: 410
Option 3: 420
Option 4:
None of the above

Team Careers360 7th Jan, 2024

Answer

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Answer (1)

Team Careers360 14th Jan, 2024

Correct Answer: 420

Solution :

GNP at MP= Mixed income + Compensation of employees + rent, interest and profit + (IT-Subsidies) – Depreciation + NFIA

= 200+250+30+(20-20)-40+(-20)

= Rs. 420 crore

Hence, Option C is correct.

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Compensation of employees	250
Government final consumption expenditure	70
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Indirect tax	20
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Net indirect taxes	500
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Private final consumption expenditure	600
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