SELECT * FROM question_mgmt as q WHERE id=5467 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=59 AND chapterId=603 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

Suppose the GDP at market price of a country in a particular year was Rs 1,100 crores. Net Factor Income from Abroad was Rs 100 crores. The value of Indirect taxes – Subsidies was Rs 150 crores and National Income was Rs 850 crores. Calculate the aggregate value of depreciation.

Answer:

National Income (NNPFC) = Rs.850 crores

GDPmp = Rs.1100 crores

Net factor income from abroad = Rs.100 crores
Net indirect taxes = Rs.150 crores
NNPFC = GDPmp + Net factor income from abroad - Depreciation - Net indirect taxes
Putting these values in the formula,

850 = 1100 + 100 - Depreciation - 150
⇒ 850 = 1100 - 50 - Depreciation
⇒ 850 = 1050 - Depreciation
⇒ Depreciation = 1050 - 850 = Rs.200 crores

So, depreciation is Rs.200 crores.


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