CBSE 2023 Class 12 Economics Delhi Set 1

Question : 22 of 49

Marks: +1, -0

Suppose in a financial year, the Gross Domestic Product (GDP) at market price of a country was

\₹ 1,100

crore. Net factor income from Abroad was ₹100 crore, the net indirect taxes was

\₹ 150

crore and National income was

\₹ 850

crore.
Calculate the value of depreciation, on the basis of above information.

Solution:

Given:

{\GDP}_{ {\MP}}=1100

crore

\;\text " NFIA "\;\;=100 \;\text " crore "\;

\;\text " NIT "\;\;=150 \;\text " crore "\;

National Income

( {\NNP}_{ {\FC}}) =850

crore
To Find: Depreciation

=

?
Solution :

{\NDP}_{ {\FC}}\;= {\NNP}_{ {\FC}}- {\NFIA}+ {\NIT}

\;=850-100+150

\;=900 \;\text " crore "\;

\;\text " Depreciation "\;\;= {\GDP}_{ {\MP}}- {\NDP}_{ {\MP}}

\;=1100-900

\;=200 \;\text " crore "\;

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