Option 1: -700 -> Given GDP_MP = 2,100 crores, Depreciation = 50 crores, Indirect taxes = 250 crores, Subsidies = 150 crores, and NI = 1,250 crores. First, calculate NDP_MP = GDP_MP - Depreciation = 2,100 - 50 = 2,050 crores. Then, calculate Domestic Income (NDP_FC) = NDP_MP - Indirect taxes + Subsidies = 2,050 - 250 + 150 = 1,950 crores. Using the formula: National Income = Domestic Income + NFIA, we get 1,250 = 1,950 + NFIA, therefore NFIA = 1,250 - 1,950 = -700 crores. The negative value indicates that factor payments to abroad exceed factor receipts from abroad. -> correct
Suppose the GDP at market price of a country in a particular year was Rs 2,100 crores. Depreciation was Rs 50 crores. The value of Indirect taxes was…
CUET UG 2025 — Economics Macro
Suppose the GDP at market price of a country in a particular year was Rs 2,100 crores. Depreciation was Rs 50 crores. The value of Indirect taxes was Rs 250 crores, Subsidies was Rs 150 crores and National Income was Rs 1250 crores. Calculate the aggregate value of net factor income from abroad.
Held on 16 May 2025 · Verified 13 Jul 2026.
Options
- A
-700
- B
700
- C
850
- D
-850
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