ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    The Gross Domestic Product of a country is Rs.600

    billion. The country earns Rs.40 billion as Net Factor Income from Abroad, while capital consumption allowance amounts to Rs.50 billion. What will be the value of the countryтАЩs Net National Product (NNP)?
    A Rs.510 billion Correct Answer Incorrect Answer
    B Rs.550 billion Correct Answer Incorrect Answer
    C Rs.590 billion Correct Answer Incorrect Answer
    D Rs.610 billion Correct Answer Incorrect Answer
    E Rs.640 billion Correct Answer Incorrect Answer

    Solution

    Note - Capital consumption allowance means depreciation NNP=GDP + Net┬аFactor┬аIncome┬аfrom┬аAbroad тАУ Depreciation ┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а = Rs. 600 billion + Rs.40 billion тАУ Rs.50 billion = Rs.590 billion ┬а

    Practice Next
    More Financial System Questions
    ask-question