Question

On the basis of following real data at current prices of Indian economy during during 1982-83, find out `N NP_(FC), N NP_(MP), GNP_(MP), GDP_(MP), GNP_(FC)` and `NDP_(MP)` :

Answer 1

(i) `N NP_(FC)=NDP_(FC)+" Net factor income from abroad"`
`=1,33,151+(-)1,000= Rs. 1,32, 151` crore
(ii) `N NP_(MP)=N NP_(FC)+"Net indirect taxes"`
`=1,32,151+19,400= Rs 1,51,551` crore
(iii) `GNP_(MP)=N NP_(MP)+"Depreciation"`
`=1,51,551+11,242= Rs 1,62,793` crore
(iv) `GNP_(FC)=GNP_(MP)-"Net indirect taxes"`
`=1,62,793-19,400= Rs 1,43,393` crore
(v) `GDP_(MP)=GNP_(MP)-NFIA`
`=162793-(-1000)= Rs 1,63,793` crore
(vi) `NDP_(MP)=GDP_(MP)-"Depreciation"`
`=1,63,793-11,242= Rs 1,52,551` crore