Calculate National Income and Gross National Disposable Income from the following: | ||
S. No. | Items | (Rs. crore) |
(i) | Net current transfers to the rest of the | (-) 5 |
(ii) | Private final consumption expenditure | 500 |
(iii) | Consumption of fixed capital | 20 |
(iv) | Net factor income to abroad | (-) 10 |
(v) | Government final consumption expenditure | 200 |
(vi) | Net indirect tax | 100 |
(vii) | Net domestic fixed capital formation | 120 |
(viii) | Net imports | 30 |
(ix) | Change in stocks | (-) 20 |
Answer:
National tricome by expenditure Method \[GD{{P}_{mp}}=P+G+I+(X-M)\] \[=500+200+(120-20+20)+(-30)=790\text{ }crores\] \[NN{{P}_{FC}}\] = \[GD{{P}_{mp}}\] + NFIA - Dep - NUT = Rs. 680 crores.
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