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Question
Calculate the (a) Net National product as markets price. and (b) Gross National Disposable Income:
| (Rs In crores) | |
| (i) Mixed income of self – employed | 8,000 |
| (ii) Rent | 400 |
| (iii) Profit | 900 |
| (iv) Dividend | 100 |
| (v) Interest | 500 |
| (vi) Mixed income of self- employed | 7,000 |
| (vii) Net factor income to abroad | 50 |
| (viii) Net export | 60 |
| (ix) Net indirect taxes | 300 |
| (x) Depreciation | 150 |
Solution
Net National Product at Market Price = Compensation of employees + Rent + Interest + Profit + Mixed income of self-employed - Net factor income to abroad + Net Indirect Taxes
Net National Product at Market Price = 3,000 + 600 + 700 + 1,000 +8,000 – 60 + 500
Net National Product at Market Price = Rs 13,740
Gross National Disposable Income = Net National Product at Market Price – Net current transfers to abroad + depreciation
Gross National Disposable Income =13,740 – 20 + 200
Gross National Disposable Income = Rs 13,920
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