Q.From the data, find Gross Domestic Product at market price by the expenditure method: Private final consumption expenditure (C) = ₹4,000 crore; Government final consumption expenditure (G) = ₹1,500 crore; Gross investment (I) = ₹2,000 crore; Exports (X) = ₹800 crore; Imports (M) = ₹600 crore.

The expenditure method adds all final spending — consumption, investment, government spending and net exports — to arrive at GDP at market price.

Given (₹ crore): $C = 4{,}000$, $G = 1{,}500$, $I = 2{,}000$, $X = 800$, $M = 600$.

Step 1 — Write the expenditure identity.

Step 2 — Compute net exports.

Step 3 — Add all components.

$GDP_{MP} = 4{,}000 + 2{,}000 + 1{,}500 + 200 = 7{,}700 \text{ crore}$ …

Students sometimes add imports instead of subtracting them. Imports are goods produced abroad, so they must be netted out — only net exports $(X - M)$ belong in domestic produ …