From the following information, compute $G N P_{M P}$ .
$G D P_{F C} = R s . 3, 000$ ; Net factor income to abroad $= R s . 200$ ;
Indirect Taxes $= R s . 420$ , Subsidies $= R s . 200$ .

3, 380

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2, 980

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3, 020

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2, 620

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Solution

The correct option is C $2, 980$
GNP(at MP)= 2980
Calculation:
Formula: GNP(at MP)= GDP(at FC) - Net factor income to abroad + Indirect Tax - Subsidies
= 3000 -200 +420 -200
= Rs 2980.

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Particulars	Rs. in crores
(i) NDP at FC (ii) Subsidies (iii) Factor income from abroad (iv) Consumption of Fixed Capital (v) Factor income to abroad (vi) GNP at MP	55,915 1,540 635 1,625 865 58,350

(i) Rent and interest	(Rs. in crores) $6, 000$
(ii) Wages and salaries	$1, 800$
(iii) Undistributed profit	$400$
(iv) Net indirect taxes	$100$
(v) Subsidies	$20$
(vi) Corporation tax	$120$
(vii) Net factor income to abroad	$70$
(viii) Dividends	$80$
(ix) Consumption of fixed capital	$50$
(x) Social security contribution by employers	$200$
(xi) Mixed income	$1, 000$