Calculate Gross National Product at Market Price from the following data:
Net Domestic Product at Factor Cost ($ND{{P}{FC}}$) = Compensation of Employees + Interest + Rent + Profits + Mixed Income of Self-employed = 2000 + 500 + 700 + 800 + 1500= 5500 Gross’National Product at Market Price (GNPmp)
= $ND{{P}{FC}}$ + Net Indirect taxes - Net Factor Income to Abroad + Consumption of Fixed Capital = 5500 + 250 - 150 + 100 = 5850 -150 GNPMP =Rs 5700 crore