Calculate (a) Net Domestic Product at Factor Cost and (b) Gross National Disposable Income from the folio wing data:
a) Net Domestic Product at Factor Cost
= Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Capital Formation + Net Exports - Net Indirect Taxes (Indirect Taxes - Subsidies)
$ND{{P}{FC}}$ = 250 + 50 + 30 + (-10) - (20 -10)
= 330 -20 = Rs 310 crore
Note When net domestic capital formation is given, then outcome will be NDPMP from expenditure method.
(b) Gross National Disposable Income
= $ND{{P}{FC}}$ + Net Indirect Tax + Net Factor Income from Abroad + Consumption of Fixed Capital + Net Current Transfer from Abroad = 310 + (20 - 10) + 15 + 25 + (-5)
= 360 - 5 = Rs 355 crore