NDPfc = GNPfc - Depreciation - Net factor income from abroad.
NDPfc = 1000 - 20 - 30 = 950 crores.
We subtract depreciation to get net from gross, and subtract NFIA to convert national to domestic. Net indirect taxes are not needed since we already have the value at factor cost.
From the following data calculate net domestic product at factor cost. | S.No. | Item | Rs. crore | |-------|------|-----------| | (i) | Depreciation…
CUET UG 2023 — Economics Macro
From the following data calculate net domestic product at factor cost.
| S.No. | Item | Rs. crore |
|---|---|---|
| (i) | Depreciation | 20 |
| (ii) | Gross National Products at factor cost | 1000 |
| (iii) | Net factor income from abroad | 30 |
| (iv) | Net indirect taxes | 10 |
Verified 13 Jul 2026.
Options
- A
Rs. 1050 crores
- B
Rs. 900 crores
- C
Rs. 1020 crores
- D
Rs. 950 crores
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