Question
Calculate Gross National Product at Factor Cost from the following data by:
- Income method.
- Expenditure method.
|
S.No.
|
Contents
|
₹ (in crore)
|
| $(i)$ |
Private Final Consumption Expenditure
|
$1,000$ |
| $(ii)$ |
Net Domestic Capital Formation
|
$200$ |
| $(iii)$ |
Profits
|
$400$ |
| $(iv)$ |
Compensation of Employees
|
$800$ |
| $(v)$ |
Rent
|
$250$ |
| $(vi)$ |
Government Final Consumption Expenditure
|
$500$ |
| $(vii)$ |
Consumption of Fixed Capital
|
$60$ |
| $(viii)$ |
Interest
|
$150$ |
| $(ix)$ |
NFIA
|
$(-)10$ |
| $(x)$ |
Net Exports
|
$-20$ |
| $(xi)$ |
Net Indirect Tax
|
$80$ |