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Question

Calculate subsidies:
ParticularsRs. in crores
(i) GDP at FC
(ii) Indirect taxes
(iii) Factor income to abroad
(iv) NNP at MP
(v)Factor income from abroad
(vi) Depreciation
55,000
4,000
600
55,000
1,300
2,500

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Solution

Formula: Subsidies= GDP at FC - NNP at MP - Depreciation + Indirect taxes + Factor income from abroad - Factor income to abroad
= 55000 - 55000 - 2500 + 4000 + 1300 - 600
= 2200.

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