Calculate the Gross National Product at Market price

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