Question

Calculate from the following data :
(i) Net domestic product at market price `(NDP_(MP))`.
(ii) Net national product at market price `(N NP_(MP))`.
(iii) Net national product at factor cost `(N NP_(FC))`.
(iv) Gross national product at market price `(GNP_(MP))`

Answer 1

(i) `NDP_(MP)=GDP_(MP)-"Depreciation"`
`=15,000-100= Rs 14,900` crore
(ii) `N NP_(MP)=NDP_(MP)+"Net factor income from abroad"`
`=14,900+800= Rs 15,700` crore
(iii) `N NP_(FC)=N NP_(MP)-"Net indirect taxes (indirect taxes - subsidies)"`
`=15,700-75+50` or `15,700-25`
`N NP_(FC)= Rs 15,675` crore
(iv) `GNP_(MP)=GDP_(MP)+"Net factor income from abroad"`
`=15,000+800= Rs 15,800` crore