Question

Find Net National Product at Market Price. (3)

S.no.	Contents	(Rs. in Crores)
(i)	Personal Taxes	200
(ii)	Wages and Salaries	1,200
(iii)	Undistributed Profit	50
(iv)	Rent	300
(v)	Corporate Tax	200
(vi)	Personal Income	2,000
(vii)	Interest	400
(viii)	Net Indirect Tax	300
(ix)	Net Factor 'Income from Abroad	20
(x)	Profit	500
(xi)	Social Security Contribution by Employers	250

विकल्प

• Rs. 2,970 crores

• Rs. 2,870 crores

• Rs. 2,070 crores.

• Rs. 2,170 crores

Answer 1

Rs. 2,970 crores

Explanation:

NNP_mp = Wages and Salaries + Social Security is the formula for calculating the Net National Product at Market Price. Employer contributions + rent + interest + Profit + Net Foreign Factor Income + Net Taxation that is imposed indirectly.

= 1,200 + 250 + 300 + 400 + 500 + 20 t 300

= Rs. 2,970 crores.

We add a net factor to achieve a national product. income from overseas and nationalisation. We apply net indirect taxes to the goods at market prices.