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in Economics by (52.9k points)

Find out (i) Gross National Product at Market Price and (ii) Net Current transfers to Abroad :

(Rs. in crore)
(i) Private Final consumption expenditure 1,000
(ii) Depreciation 100
(iii) Net National Disposable Income 1,500
(iv) Closing stock 20
(v) Government Final Consumption Expenditure 300
(vi) Net indirect Tax 50
(vii) Opening Stock 20
(viii) Net domestic fixed capital formation 110
(ix) Net Exports 15
(x) Net factor income to abroad (-)10

1 Answer

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Best answer

GNPMP=(i) + (v) + (viii + iv - vii + ii) + (ix) - (x)

=1,000+300+110+20-20+100+15-(-10)

=Rs.1,535 crore

NCTA=GNPMP - (ii) - (iii)

=1,535-100-1,500

=Rs.(-) 65 crore 

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