Calculate $NNP_{MP}$ (in ₹ crores) from the following information :
$GDP_{MP}= ₹7000 $ crores
Receipts of factor income from the rest of the world = ₹250 crores
Payment of factor income to the rest of the world = ₹ 325 crores
Depreciation = ₹900 crores
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : ₹6025 crores
Given the information :
GDPMP = 7000 crores
Receipts of factor income from the rest of the world = 250 crores
Payment of factor income to the rest of the world = 325 crores
Depreciation = 900 crores
GNP (MP)= GDP (MP) + NFIA
= 7,000 + (250 - 325)
= 6,925
NNP (MP)= GNP (MP)- Depreciation
= 6,925-900
= 6,025