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प्रश्न
If the Real GDP is Rs 300 and Nominal GDP is Rs 330, calculate Price Index (base = 100).
उत्तर
Real GD = `"National GDP"/"Price Index of Current Year" xx 100`
`300 = 330/"Price Index" xx 100`
Price Index = 110
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संबंधित प्रश्न
How will you treat the following while estimating domestic product of a country? Give reasons for your answer:
Gifts are given by an employer to his employees on Independence Day
Calculate (a) net national product at the market price and (b) gross national disposable income:
| (Rs in crores) | ||
| 1 | Gross domestic fixed capital formation | 400 |
| 2 | Private final consumption expenditure | 8,000 |
| 3 | Government final consumption expenditure | 3,000 |
| 4 | Change in stock | 50 |
| 5 | Consumption of fixed capital | 40 |
| 6 | Net indirect taxes | 100 |
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| 8 | Net factor income to abroad | (-) 80 |
| 9 | Net current transfers from abroad | 100 |
| 10 | Dividend | 100 |
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| (Rs crores) | ||
| 1 | Private final consumption expenditure | 400 |
| 2 | Opening stock | 10 |
| 3 | Consumption of fixed capital | 25 |
| 4 | Imports | 15 |
| 5 | Government final consumption expenditure | 90 |
| 6 | Net current transfers to rest of the world | 5 |
| 7 | Gross domestic fixed capital formation | 80 |
| 8 | Closing stock | 20 |
| 9 | Exports | 10 |
| 10 | Net factor income to abroad | (-)5 |
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Which of the following are the limitations of using GDP as an index of the welfare of a country?
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______ is Domestic Income.
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|
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Choose one of the correct alternatives given below:
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Reason (R): Some sectors remain affected by social distancing norms.
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| S.No. | Items | Amount in (₹ crore) |
| (i) | Royalty | 5 |
|
(ii) |
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| (iv) | Compensation of Employees |
600 |
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100 |
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Wooden cupboard purchased by a family.
