Question

Calculate "Gross National Product at Factor Cost" from the following data by (a) Income method, and (b) Expenditure method:

Answer 1

Correct Answer - Rs. 1650 crores.
Rs. 1650 crores.
Gross National Product at Factor Cost by Income Method
=(v)+(viii)+(iii)+(iv)+(vii)+(x)
=250+150+400+800+60(-10)
=Rs. 1650 crores
Gross National Product at Factor Cost by Expenditure Method
=(i)+(vi)+(ii)+(vii)+(xi)+(x)-(xii)
= 1000+500+200+60(-20)+(-10)-80
=Rs. 1650 crores