Calculate Gross National Product at Market price from the following data:

$\begin{array}{cc}& \text{(Rs. in crore)}\\ \text{(i) Compensation of employees}& 2,000\\ \text{(ii) Interest}& 500\\ \text{(iii) Rent}& 700\\ \text{(iv) Profits}& 800\\ \text{(v) Employer's contribution to}& 200\\ \text{social security schemes}& \\ \text{(vi) Dividends}& 300\\ \text{(vii) Consumption of fixed capital}& 100\\ \text{(ix) Net exports}& 70\\ \text{(ix) Mixed income of self employed}& 1,500\end{array}$

Q. Calculate (a) Net National Product at market price, and (b) Gross Domestic Product at factor cost.

(i) Rent and interest	(Rs. in crores) $6,000$
(ii) Wages and salaries	$1,800$
(iii) Undistributed profit	$400$
(iv) Net indirect taxes	$100$
(v) Subsidies	$20$
(vi) Corporation tax	$120$
(vii) Net factor income to abroad	$70$
(viii) Dividends	$80$
(ix) Consumption of fixed capital	$50$
(x) Social security contribution by employers	$200$
(xi) Mixed income	$1,000$

Q.

Calculate (a) Gross domestic product at market price and (b) Factor income from abroad from the following data:

$\begin{array}{cc}& \\ & \text{(Rs in '000 crores)}\\ \text{(i) Profits}& 500\\ \text{(ii) Exports}& 40\\ \text{(iii) Compensation of employees}& 1,500\\ \text{(iv) Gross national product at factor price}& 2,800\\ \text{(v) Net current transfer from rest of the world}& 90\\ \text{(vi) Rent}& 300\\ \text{(vii) Interest}& 400\\ \text{(viii) Factor income to abroad}& 120\\ \text{(ix) Net indirect taxes}& 250\\ \text{(x) Net domestic capital formation}& 650\\ \text{(xi) Gross fixed capital formation}& 700\\ \text{(xii) Change in stock}& 50\end{array}$

Q. Calculate 'Net National Product at Factor Cost' and 'Gross National Disposable income' from the following:
(Rs in Arab)
(i) Social security contributions by employees90
(ii) Wages and salaries 800
(iii)Net current transfers to abroad (-)30
(iv)Rent and royalty 300
(v) Net factor income to abroad 50
(vi) social security contributions by employers 100
(vii) Profit 500
(viii) Interest 400
(ix) Consumption of fixed capital 200
(x) Net indirect tax 250

Q. Calculate the Gross National Product at Market Price and Personal Income :

		(Rs crores)
i)	Wages and salaries	800
ii)	Personal tax	150
iii)	Operating surplus	200
iv)	Undistributed profits	10
v)	Social security contributions by employers	100
vi)	Corporate tax	50
vii)	Net factor income to abroad	(-)20
viii)	Personal disposable income	1,200
ix)	Net indirect tax	70
x)	Consumption of fixed capital	30
xi)	Mixed income of self-employed	500
xii)	Royalty	9

Q.

From the following data, calculate Gross National Product at Market Price by:
(a) Income method
(b) Expenditure method

$\underset{–}{\begin{array}{ccc}1.& \text{Mixed income of self employed}& 400\\ 2.& \text{Compensation of employeees}& 500\\ 3.& \text{Private final conosumption expenditure}& 900\\ 4.& \text{Net factor income from abroad}& -20\\ 5.& \text{Net indirect taxes}& 100\\ 6.& \text{Consumption of fixed capital}& 120\\ 7.& \text{Net domestic capital formation}& 280\\ 8.& \text{Net exports}& -30\\ 9.& \text{Profits}& 350\\ 10.& \text{Rent}& \\ 11.& \text{Interest}& 150\\ 12.& \text{Government final consumption expenditure}& 450\end{array}}$

OR


Categorise the following as final and intermediate good. Give reasons:
(a) Machine purchased by a household
(b) Machine purchased by a firm
(c) Machine purchased for resale purpose