Worked Examples · Example 10
Q.From the following data, calculate National Income (NNP at Factor Cost):
GDP at Market Price = ₹5,000 crore; Consumption of Fixed Capital (Depreciation) = ₹300 crore; Net Factor Income from Abroad = (−) ₹50 crore; Net Indirect Taxes = ₹400 crore.
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✓ Free question
Method 1 — step by step from GDP at MP:
So National Income = ₹4,250 crore.
Method 2 — independent cross-check via NDP at Factor Cost:
Both independent routes — adjusting NFIA before depreciation/taxes, and adjusting depreciation/taxes before NFIA — arrive at the same figure, confirming the answer.
✓Final answer
National Income (NNP at Factor Cost) = ₹4,250 crore.
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