Based on the economic data given below: Household Consumption: ₹60,00,000 Cr Government Spending: ₹20,00,000 Cr Gross Fixed Capital Formation: ₹30,00,000 Cr Exports: ₹15,00,000 Cr Imports: ₹18,00,000 Cr Subsidies: ₹2,00,000 Cr Indirect Taxes: ₹7,00,000 Cr Calculate: (1) GDP at Market Price (GDP MP) and (2) GDP at Factor Cost (GDP FC).

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Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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GDP MP: ₹1,07,00,000 Cr; GDP FC: ₹1,02,00,000 Cr

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Answer 1

GDP MP: ₹1,00,00,000 Cr; GDP FC: ₹95,00,000 Cr

Answer 2

GDP MP: ₹1,07,00,000 Cr; GDP FC: ₹1,12,00,000 Cr

Answer 3

GDP MP: ₹1,12,00,000 Cr; GDP FC: ₹1,07,00,000 Cr

Answer 4

GDP MP: ₹1,07,00,000 Cr; GDP FC: ₹1,02,00,000 Cr

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