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Question

Suppose the GDP at the market price of a country in a particular year was Rs. 1,100 crores. Net Factor Income from Abroad was Rs. 100 crores. The value of Indirect taxes - Subsidies were Rs. 150 crores and National Income was Rs. 850 crores. Calculate the aggregate value of depreciation. 



    Solution

    The correct option is

    Given - GDPMP = 1,100 crores, NFIA = 100 crores

    NIT = 150crores, NNPFC = 850 crores

    GDPFCGDPMP - NIT

    = 1,100 - 150 = 950 crores

    GNPFCGDPFC + NFIA

    = 950 + 100 = 1050 crores

    NNPFC + Depreciation = GNPFC

    Depreciation = 1050 - 850 = 200 crores

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