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2. Find (a) Net National Product at Market Price, and (b) Gross National Product at Factor Cost
Items
(i) Wages and salaries
(ii) Rent
(iii) Net current transfers to abroad
(iv) Net indirect taxes
(v). Royalty
(vi) Profit
(vii) Net factor income to abroad
(viii) Consumption of fixed capital
(ix) Social security contribution by employers
(x) Social security contribution by employees
(xi) Interest
[Ans. (a) Net national product at market price =
(b) Gross national product at factor cost =
2,100 lakh
2,200 lakh]
the following data:
(in lakh)
900
150
10
70
50
250
(-) 20
170
160
405