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Calculate Net Domestic Product at factor cost. (i) Interest (ii) Compensation of Employees (iii) Net Indirect Taxes (iv) Rent and Profit (v) Transfer Payments by Government

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Question

Calculate Net Domestic Product at factor cost.

  Particulars (₹ in crores)
(i) Interest 700
(ii) Compensation of Employees 3,000
(iii) Net Indirect Taxes 500
(iv) Rent and Profit 700
(v) Transfer Payments by Government 10
Numerical
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Solution

NNPFc = Interest + Compensation of Employees + Rent and Profit

= 700 + 3,000 + 700

= ₹ 4,400 crores

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2019-2020 (March) Delhi Set 3
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