Question

Calculate Gross National Product at Market price from the following data:

$\begin{array}{cc}& \text{(Rs. in crore)}\\ \text{(i) Compensation of employees}& 2,000\\ \text{(ii) Interest}& 500\\ \text{(iii) Rent}& 700\\ \text{(iv) Profits}& 800\\ \text{(v) Employer's contribution to}& 200\\ \text{social security schemes}& \\ \text{(vi) Dividends}& 300\\ \text{(vii) Consumption of fixed capital}& 100\\ \text{(ix) Net exports}& 70\\ \text{(ix) Mixed income of self employed}& 1,500\end{array}$

Answer 1

$NN{P}_{pc}$

= (i) + (ii) + (iii) + (iv) + (v) + (xi) + (vii) - (x) + (viii)

= Compensation of employees + Interest + Rent + profits + Employer's contribution to social security schemes + Mixed income of self employed + Consumption of fixed capital

= 2,000 + 500 +700 + 800 + 200 + 1,500 + 100 = Rs.5,800 crore