Question 16
MediumOriginal questionData for an economy:
| Item | ₹ crore |
|---|---|
| GDP at market price | 1,000 |
| Depreciation | 100 |
| Net indirect taxes | 80 |
| Net factor income from abroad | −20 |
What is NDP at market price?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
NDP at MP = GDP at MP − depreciation = 1,000 − 100 = ₹900 crore.
- Concept
- NDP at market price
- Typical timeTypical
- 70 s
- Your timeYours
- —
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