Question

Calculate the (a) Net National product as markets price. and (b) Gross National Disposable Income:

	(Rs In crores)
(i) Mixed income of self – employed	8,000
(ii) Rent	400
(iii) Profit	900
(iv) Dividend	100
(v) Interest	500
(vi) Mixed income of self- employed	7,000
(vii) Net factor income to abroad	50
(viii) Net export	60
(ix) Net indirect taxes	300
(x) Depreciation	150

Answer 1

Net National Product at Market Price = Compensation of employees + Rent + Interest + Profit + Mixed income of self-employed - Net factor income to abroad + Net Indirect Taxes

Net National Product at Market Price = 3,000 + 600 + 700 + 1,000 +8,000 – 60 + 500

Net National Product at Market Price = Rs 13,740

Gross National Disposable Income = Net National Product at Market Price – Net current transfers to abroad + depreciation 

Gross National Disposable Income =13,740 – 20 + 200

Gross National Disposable Income = Rs 13,920