alleryIf NDP at factor cost is ₹100 lakh and net indirect taxes are ₹15 lakh, NDP at market prices is
A₹150 lakh
B₹85 lakh
C₹100 lakh
D₹115 lakh
Answer & Solution
Correct answer: D. ₹115 lakh
NDP_MP = NDP_FC + Net Indirect Taxes = 100 + 15 = 115 lakh.
Net indirect taxes = indirect taxes − subsidies.
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