Macro

National Income

Medium

If NNPMP=Rs. 5,330, indirect tax=Rs. 1,770 and consumption of fixed capital = Rs. 1,550 then GNPFC will be x. The value of x is.

Rs. 4,110

Rs. 5,000

Rs. 5,110

Rs. 6,000

✅ Correct Option: 3

NNPFC = NNPMP minus Indirect tax = 5330 - 1770 = 3560. GNPFC = NNPFC plus Depreciation = 3560 + 1550 = Rs 5110.

2023: 28 May Shift 2

If the value of nominal GDP is Rs 5500 and of real GDP is Rs 2200, what is the value of GDP Deflator ?

2026: 12 May Shift 1

In the base year 2020, a country produced 1000 toys, price was Rs 100 per toy. In 2025 the same country produced 500 toys at price Rs 150 per toy. The value of nominal and real GDP in year 2025 considering 2020 as base year:

2025: 15 May Shift 1

Any new addition to capital stock in an economy is measured by _________.

2025: 3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) GNP $_{MP}$ - Depreciation	(I) NNP $_{MP}$
(B) GDP $_{MP}$ + NFIA	(II) GNP $_{MP}$
(C) NNP $_{MP}$ - Net Product Taxes - Net Production Taxes	(III) GDP $_{MP}$
(D) GVA $_{MP}$	(IV) NNP $_{FC}$

Choose the correct answer from the options given below:

2025: 22 May Shift 2

Match List-I with List-II

List-I	List-II
(A) GDP_MP	(I) NNP_FC + NIT
(B) GDP_FC	(II) NNP_MP - NIT
(C) NNP_MP	(III) GDP_FC + NIT
(D) NNP_FC	(IV) GDP_MP - NIT

Choose the correct answer from the options given below:

2026: 21 May Shift 1

In occurrence of which type of externalities, GDP will underestimate the actual welfare of the economy?

If NNPMP=Rs. 5,330, indirect tax=Rs. 1,770 and consumption of fixed capital = Rs. 1,550 then GNPFC will be x. The value of x is.

Solution

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