Read the passage carefully and answer the questions based on the passage:

Composition of GDP: Income Method

Calculate Net Domestic Product at factor cost (NDP_FC).

Rs. 3140 crore

The correct answer is Option (3) → Rs. 3140 crore

To calculate Net Domestic Product at Factor Cost (NDPFC) using the income method, we sum up all factor incomes generated within the domestic territory of a country, and exclude consumption of fixed capital (depreciation).

NDP at FC = Compensation of Employees + Rent + Interest + Royalty + Profit + Mixed Income of Self-Employed + Net Factor Income from Abroad

                       = 2000 + 20 + 30 + 40 + 50 + 1000 

                       = Rs. 3140 crore