Calculate 'Net Domestic Product at Factor Cost' and 'Gross National Disposable Income : S.No. Particular Amount ₹ in crore (i) Net current transfers to abroad 15 (ii) Private final consumption expenditure 800 (iii) New imports (-)20 (iv) Net domestic capital formation 100

CBSE 2015 Class 12 Economics Delhi Set-3 - Question 3

CBSE 2015 Class 12 Economics Delhi Set-3

Question : 3 of 3

Marks: +1, -0

Calculate 'Net Domestic Product at Factor Cost' and 'Gross National Disposable Income :

S.No.	Particular	Amount ₹ in crore
(i)	Net current transfers to abroad	15
(ii)	Private final consumption expenditure	800
(iii)	New imports	(-)20
(iv)	Net domestic capital formation	100

Solution:

{\NDP}_{ {\FC}}=

Private final consumption expenditure + Government final consumption expenditure + (Net domestic capital formation + depreciation) Net imports - depreciation - Net indirect taxes or,

{\NDP}_{ {\FC}}=800+200+100

+50-(-20)-50-120

or,

{\NDP}_{ {\FC}}=₹ 1000

crore

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