If a country has the following economic data: GDP MP ₹ 2,000 billion, indirect taxes = ₹ 250 billion and subsidies = ₹ 100 billion, what is its GDP…
CA Foundation · Business Economics · PYQS · September 2025
If a country has the following economic data: GDP MP ₹ 2,000 billion, indirect taxes = ₹ 250 billion and subsidies = ₹ 100 billion, what is its GDP at Factor Cost?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹ 1,850 billion
Topics: Determination of National Income
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