Calculate National Income Net Current transfer from rest of the world ₹ 30 Private final consumption expenditure ₹ 400
Calculate National Income:
Particulars | ₹ in Crores |
(i) Net Current transfer from rest of the world | 30 |
(ii) Private final consumption expenditure | 400 |
(iii) Net domestic capital formation | 100 |
(iv) Change in Stock | 50 |
(v) Depreciation | 20 |
(vi) Government final Consumption expenditure | 200 |
(vii) Net exports | 40 |
(viii) Net indirect taxes | 80 |
(ix) Net Factor income paid to abroad | 10 |
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of National Income
NDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Capital Formation + Net Exports
NDP at MP = ₹ 400 + ₹ 200 + ₹ 100 + ₹ 40
NDP at MP = ₹ 740
NNP at FC = NDP at MP – Net Factor income paid to abroad – Net Indirect taxes
NNP at FC = ₹ 740 – ₹ 10 – ₹ 80
NNP at FC = ₹ 650 Crore
Anurag Pathak Changed status to publish November 7, 2023