Find out (a) National Income | ||
(Rs. crore) | ||
(i) | Net imports | (-)10 |
(ii) | Net domestic fixed capital formation | 100 |
(iii) | Private final consumption expenditure | 600 |
(iv) | Consumption of fixed capital | 60 |
(v) | Change in stocks | (-)50 |
(vi) | Government final consumption expenditure | 200 |
(vii) | Net factor income to abroad | 20 |
(viii) | Net current transfers to abroad | 30 |
(ix) | Net indirect tax | 70 |
(x) | Factor income from abroad | 10 |
Answer:
(a) National Income = Private final consumption expenditure + Government final consumption expenditure + [Net domestic fixed capital formation + Change in stocks] - Net imports - Net factor income to abroad - Net indirect tax = (iii) + (vi) + [(ii) + (v)] - (i) - (vii) - (ix) \[=600+200+[100+(-50)]1-(-10)-20-70\] \[=800+100-50+10-90=910-140\]= Rs 770 crores
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