12th Class Economics Solved Paper - Economics 2016 Delhi Set-I

  • question_answer
    Find national income:                                           
    (Rs. Crores)
    (i) Wages and salaries 1000
    (ii) Net Current transfers to abroad 20
    (iii) Net factor income paid to abroad 10
    (iv) Profit 400
    (v) National debt interest 120
    (vi) Social security contributions by employers 100
    (vii) Current transfers from government 60
    (viii) National income accuring to government 150
    (ix) Rent 200
    (x) Interest 300
    (xi) Royalty 50

    Answer:

    \[NN{{P}_{fc}}\] = Wages and salaries + Social security contributions by employers + Rent interest + profit + royalty - Net factor income paid to abroad.
                \[NN{{P}_{fc}}=1000+100+200+300+400+5010\]
                          \[=205010\]
                          = Rs. 2040 crores.


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