Given the following data, find the values of ‘Operating Surplus’ and ‘Net Exports’ Mixed Income of Self-Employed ₹ 700

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Anurag Pathak28.55K November 5, 2023 0 Comments

Given the following data, find the values of ‘Operating Surplus’ and ‘Net Exports’:

Particulars	₹ in Crores
(i) Mixed Income of Self-Employed	700
(ii) Net Factor Income from Abroad	150
(iii) Private Final Consumption Expenditure	2,200
(iv) Profits	200
(v) Net Indirect Taxes	150
(vi) National Income	5,000
(vii) Gross Domestic Capital Formation	1,100
(viii) Wages and Salaries	2,200
(ix) Net Exports	?
(x) Government Final Consumption Expenditure	1,300
(xi) Consumption of Fixed Capital	200
(xii) Operating Surplus	?

Ans:-

Operating Surplus = ₹ 1,950 Crores; Net Exports = ₹ 600 Crores

score 0 · Answer 1 · 2023-11-05T17:30:15+00:00

Solution:-

NDP at FC = NNP at FC – Net Factor Income from Abroad

NDP at FC = (vi) – (ii) = ₹ 5,000 – ₹ 150

NDP at FC = ₹ 4850

NDP at FC = Wages and Salaries (COE) + Mixed Income of Self Employed + Operating Surplus

NDP at FC = (viii) + (i) + (xii)

₹ 4850 = ₹ 2,200 + ₹ 700 + Operating Surplus

Operating Surplus = ₹ 4,850 – ₹ 2,200 – ₹ 700

Operating Surplus = ₹ 1950

GDP at MP = NDP at FC + Consumption of Fixed Capital + Net Indirect Taxes

GDP at MP = NDP at FC + (xi) + (v)

GDP at MP = ₹ 4850 + ₹ 200 + ₹ 150

GDP at MP = ₹ 5200

GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports

₹ 5200 = ₹ 2,200 + ₹ 1,300 + ₹ 1,100 + Net Exports

Net Exports = ₹ 5200 – ₹ 2,200 – ₹ 1,300 – ₹ 1,100

Net Exports = ₹ 600 Crores