Question : Calculate the NNP (in crore) at market price from the given data:
Option 1: 1,25,831
Option 2: 1,42,789
Option 3: 1,43,951
Option 4: 1,24,669
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Correct Answer: 1,42,789
Solution : The correct option is 1,42,789 .
NNP at Market Price = NDP at Factor Cost + Net Income from Abroad - Net Indirect Taxes
Given the data: NDP at Factor Cost = ₹1,25,250 crore, Net Income from Abroad = -₹581 crore (negative because it's an outflow), Net Indirect Taxes = ₹18,120 crore
Now, let's calculate NNP at the market price:
NNP at Market Price = 1,25,250 - 581 + 18,120 = ₹1,42,789 crore.
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