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Question

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

(Rs. in crore)(i) Compensation of employees2,000(ii) Interest500(iii) Rent700(iv) Profits 800(v) Employer's contribution to200social security schemes(vi) Dividends300(vii) Consumption of fixed capital100(ix) Net exports70(ix) Mixed income of self employed1,500

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Solution

NNPpc

= (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


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