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National Income Aggregates & GDP · Question 17 of 69

What is NNP at market price?

Question 17

MediumOriginal question

Data for an economy:

Item₹ crore
GDP at market price1,000
Depreciation100
Net indirect taxes80
Net factor income from abroad−20

What is NNP at market price?

Options for question 17

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. GNP at MP = 1,000 − 20 = 980.

  2. NNP at MP = 980 − 100 = ₹880 crore.

Concept
NNP at market price
Typical time
70 s
Your time
—
The rule this testsGross and net
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Ten questions from National Income Aggregates & GDP, at your own pace.

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Ten questions from National Income Aggregates & GDP, at your own pace.

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