Calculate (a) net national product at market price and (b) gross national disposable income : S.No. Particular Amount ₹ in crores (i) Gross domestic fixed capital formation 400 (ii) Private final consumption expenditure 8000 (iii) Government final consumption expenditure 300 (iv) Change in stock 50 (v) Consumption of fixed capital 40 (vi) Net indirect taxes 100 (vii) Net exports (-)60 (viii) Net factor income to abroad (-80) (ix) Net current transfers from abroad 100 (x) Dividend 100

CBSE 2017 Class 12 Economics Delhi Set-3 - Question 2

CBSE 2017 Class 12 Economics Delhi Set-3

Question : 2 of 2

Marks: +1, -0

Calculate (a) net national product at market price and (b) gross national disposable income :

S.No.	Particular	Amount $₹$ in crores
(i)	Gross domestic fixed capital formation	400
(ii)	Private final consumption expenditure	8000
(iii)	Government final consumption expenditure	300
(iv)	Change in stock	50
(v)	Consumption of fixed capital	40
(vi)	Net indirect taxes	100
(vii)	Net exports	(-)60
(viii)	Net factor income to abroad	(-80)
(ix)	Net current transfers from abroad	100
(x)	Dividend	100

Solution:

{\NNP}_{ {\MP}}=

Private final consumption expenditure + Government final consumption expenditure + Gross domestic fixed capital formation + change in stock + Net exports - Consumption of fixed capital-Net factor income to abroad.

\;=8,000+3,000+400+50

-60-40(-80)

\;=₹ 11,430 \;\text " crore "\;

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