To get \(NNP_{FC}\) from \(GDP_{MP}\), apply domestic to national, gross to net and MP to FC adjustments. Remember \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\) in exams.
Step 2
Why this answer is correct
The correct answer is A. NFIA जोड़ें, मूल्यह्रास घटाएं, NIT घटाएं / Add NFIA, subtract depreciation, subtract NIT. To get \(NNP_{FC}\) from \(GDP_{MP}\), apply domestic to national, gross to net and MP to FC adjustments. Remember \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\) in exams.
Step 3
Exam Tip
\(GDP_{MP}\) से \(NNP_{FC}\) के लिए domestic से national, gross से net और MP से FC तीनों adjustment होते हैं। परीक्षा में \(NNP_{FC}=GDP_{MP}+NFIA-Depreciation-NIT\) याद रखें।
A. \(NNP_{FC}\) \(NNP_{MP}\) से अधिक होगा/\(NNP_{FC}\) will be greater than \(NNP_{MP}\)
Step 1
Concept
When subsidies are greater, NIT is negative and \(NNP_{FC}=NNP_{MP}-NIT\) increases. In exams subtracting negative NIT means adding it.
Step 2
Why this answer is correct
The correct answer is A. \(NNP_{FC}\) \(NNP_{MP}\) से अधिक होगा / \(NNP_{FC}\) will be greater than \(NNP_{MP}\). When subsidies are greater, NIT is negative and \(NNP_{FC}=NNP_{MP}-NIT\) increases. In exams subtracting negative NIT means adding it.
Step 3
Exam Tip
Subsidies अधिक होने पर NIT ऋणात्मक होता है और \(NNP_{FC}=NNP_{MP}-NIT\) में value बढ़ती है। परीक्षा में negative NIT को घटाने का अर्थ जोड़ना समझें।
A. जब अप्रत्यक्ष कर और subsidies मौजूद हों/When indirect taxes and subsidies exist
Step 1
Concept
The difference between market price and factor cost is due to net indirect taxes. In exams depreciation is for gross-net and NFIA is for domestic-national conversion.
Step 2
Why this answer is correct
The correct answer is A. जब अप्रत्यक्ष कर और subsidies मौजूद हों / When indirect taxes and subsidies exist. The difference between market price and factor cost is due to net indirect taxes. In exams depreciation is for gross-net and NFIA is for domestic-national conversion.
Step 3
Exam Tip
Market price और factor cost का अंतर net indirect taxes से बनता है। परीक्षा में depreciation gross-net और NFIA domestic-national conversion से जुड़ा है।
NIT (=90-30=60), so \(NNP_{FC}=1500-100-60=1340\) crore. In exams first calculate NIT and then convert.
Step 2
Why this answer is correct
The correct answer is B. ₹1340 करोड़ / ₹1340 crore. NIT (=90-30=60), so \(NNP_{FC}=1500-100-60=1340\) crore. In exams first calculate NIT and then convert.
Step 3
Exam Tip
NIT (=90-30=60), इसलिए \(NNP_{FC}=1500-100-60=1340\) करोड़। परीक्षा में पहले NIT निकालें फिर conversion करें।
National income is \(NNP_{FC}\) and \(NNP_{FC}=NNP_{MP}-NIT\). In exams do not forget to convert market price into factor cost.
Step 2
Why this answer is correct
The correct answer is A. NIT घटाना होगा / NIT must be subtracted. National income is \(NNP_{FC}\) and \(NNP_{FC}=NNP_{MP}-NIT\). In exams do not forget to convert market price into factor cost.
Step 3
Exam Tip
राष्ट्रीय आय \(NNP_{FC}\) है और \(NNP_{FC}=NNP_{MP}-NIT\) होता है। परीक्षा में market price को factor cost में बदलना न भूलें।
A. यह सामान्य निवासियों की factor income का शुद्ध योग है/It is the net sum of factor income of normal residents
Step 1
Concept
\(NNP_{FC}\) is national income and is linked with factor incomes. In exams do not treat transfer payments as factor income.
Step 2
Why this answer is correct
The correct answer is A. यह सामान्य निवासियों की factor income का शुद्ध योग है / It is the net sum of factor income of normal residents. \(NNP_{FC}\) is national income and is linked with factor incomes. In exams do not treat transfer payments as factor income.
Step 3
Exam Tip
\(NNP_{FC}\) राष्ट्रीय आय है और factor incomes से जुड़ा होता है। परीक्षा में transfer payments को factor income न मानें।
\(NNP_{FC}=GDP_{FC}+NFIA-Depreciation=1750\) crore. Since FC is already given, no NIT adjustment is needed.
Step 2
Why this answer is correct
The correct answer is A. ₹1750 करोड़ / ₹1750 crore. \(NNP_{FC}=GDP_{FC}+NFIA-Depreciation=1750\) crore. Since FC is already given, no NIT adjustment is needed.
Step 3
Exam Tip
\(NNP_{FC}=GDP_{FC}+NFIA-Depreciation=1750\) करोड़। परीक्षा में FC already है इसलिए NIT adjustment नहीं चाहिए।
