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in Economics by (52.9k points)

Find out (a) Gross National product at Market Price and (b) Net Current Transfers from Abroad:

(Rs. in crore)
(i) Net National Disposable Income 1,100
(ii) Net Indirect Tax 120
(iii) Private Final Consumption Expenditure 750
(iv) Government Final Consumption Expenditure 250
(v) Net Domestic Fixed Capital Formation 200
(vi) Net Imports (-) 40
(vii) Net Factor Income to Abroad (-) 20
(viii) Depreciation 50
(ix) Change in Stock 10

1 Answer

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Best answer

(i) + (iii) + (iv) + (v) + (ix) - (vii) + (viii) - (vi)

GNPMP = 750+250+200+10-(-20)+50-(-40)

=Rs.1,320 crore

(ii) Net Current Transfers = NNDI-NNPMP

from Abroad= 1,100-(1,320-50)

=Rs.(-)170 crore 

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