Which of the following is not correct?

NNP at Market Price=GNP at market price + Depreciation

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NDP at Market Price=NNP at market price - Net factor income from abroad

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NDP at Factor Cost=NDP at market price - Indirect taxes+Subsidies

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GDP at Factor Cost=NDP at factor cost + Depreciation

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Solution

The correct option is A
NNP at Market Price=GNP at market price + Depreciation

Out of the given options, this option is wrong. The correct formula is:

NNP at Market Price = GNP at Market Price - Depreciation.

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Similar questions

National income at market price is always greater than national income at factor cost.

Particulars	Rs. in crores
(i) Gross national product at market price (ii) Indirect Tax (iii) Subsidies (iv) Depreciation (v) Net Factor income from abroad	58,350 2,590 1,540 1,625 -240

Particulars	Rs. in crores
(i) GNP at FC (ii) Subsidies (iii) Factor income from abroad (iv) Depreciation (v) Indirect Taxes (vi) NDP at MP	4,280 80 400 480 100 3,700

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