Find out (a) National income: | ||
(Rs. crores) | ||
(i) | Factor income from abroadt | 15 |
(ii) | Private Final Consumption Expenditure | 600 |
(iii) | Consumption of fixed capital | 50 |
(iv) | Government Final Consumption | 200 |
(v) | Net current transfers to abroad | (-) 5 |
(vi) | Net domestic fixed capital formation | 110 |
(vii) | Net factor income to abroad | 10 |
(viii) | Net imports | (-) 20 |
(ix) | Net indirect tax | 70 |
(x) | Change in stocks | (-) 10 |
Answer:
(a) National Income = Private final consumption expenditure + Government consumption expenditure + [Net domestic fixed capital formation + Change in stock] - Net imports - Net indirect tax - Net factor income to abroad = (ii) + (iv) + [(vi) + (x)] - (viii) - (ix) - (vii) \[=600+200+[110+(-10)]-(-20)-70-10\] \[=600+200+100+20-70-10\] \[=920-80=Rs.\text{ }840\text{ }crore\]
You need to login to perform this action.
You will be redirected in
3 sec