CBSE Class 12-commerce Answered

GDP at Market Price - market value of the final goods and services produced within the domestic territory of the country.

GNP at Market Price = market value of the final goods and services produced by all normal residents of the country. GDPmp+NFIA

NDP at Market Price =  market value of the final goods and services produced within the domestic territory of the country excluding depreciation GDPmp-Depreciation

NNP at Market Price = market value of the final goods and services produced by all normal residents of the country excluding depreciation. GNPmp -Depreciation

GDP at Factor cost = sum total of factor income generated within the domestic territory of a country including depreciation. NDPfc+Depreciation

 GNP at Factor cost = sum total of the factor income earned by normal residents of a country during an accounting year. NNPfc + Depreciation

 NDP at Factor cost = sum total of factor income generated within the domestic territory of a country including depreciation. NDPfc - Depreciation

 NNP at Factor cost [National income]= sum total of the factor income earned by normal residents of a country during an accounting year . NDPfc +NFIA