Calculate (a) Gross National Product at Market Price and (b) Net National Disposable Income from the following data:
(a) Gross National Product at Market Price ($GN{{P}_{MP}}$ ) = Compensation of Employees + (Rent + Interest + Profit + Royalty)
- Net Factor Income from Abroad + Consumption of Fixed Capital
- Net Indirect Tax (Indirect Tax - Subsidies)
= 600 + (40 +100+70 +10) + (- 25) - 30+ (20-5)
= 865 - 25 = Rs 840 crore
(b) Net National Disposable Income =
$GN{{P}_{MP}}$ - Consumption of Fixed Capital - Net Current Transfers to Abroad = 840-30-(-50)
= 840-30 + 50
= 860 crore