National income NNP FC is equal to-A- GNP FC - DepreciationB- NNP MP-Net Indirect taxesC- GN P FC - DepreciationD- Both B and C

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Market Distortions

National inco...

Question

National income $N N P_{F C}$ is equal to:

$G N P_{F C}$ + Depreciation

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$G N P_{F C}$ - Depreciation

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$N N P_{M P}$ -Net Indirect taxes

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Both B and C

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Solution

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Similar questions

G N P_{F C} = G N P_{M P} - ?

? =

-

G D P_{F C} = ? +

N D P_{F C} = ? -

-

G N P

F C

Particulars	Rs. in crores
(i) NDP at MP (ii) Net Factor income from abroad (iii) Depreciation (iv) Subsidies (v) Indirect Tax	80,000 -200 4,950 1,770 10,600

List A	List B
1. GNP	(a) GDP-Depreciation
2. NDP	(b) GDP+ NFIFA
3. NNPfc	(c) GNP- Depreciation
4. NNP	(d) NNPmp - Indirect taxes + Subsidies

Particulars	Rs. in crores
(i) GNP at FC (ii) Indirect Taxes (iii) Factor income from abroad (iv) Factor income to abroad (v) Replacement of Fixed Capital	2,700 60 150 180 150

=

G D P_{F C} > G D P_{M P}

N N P_{F C} < N D P_{F C}

G D P_{F C} = G D P_{M P}

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