Suppose the Net National Product at market price (NNPMP) of a country is Rs 1600 crore. If the total indirect tax is Rs. 1000 crore and the total amount of subsidy paid by the government is Rs. 80 crore, find out the national Income of the country.

Question

National Income is also known as Net National Product at Factor Cost (NNPFCNNP sub FC end-subNNPFC).The relationship bet...

Accepted Answer

National Income is also known as Net National Product at Factor Cost (NNPFCNNP sub FC end-subNNPFC).The relationship bet...