Calculate National Income Net Domestic Capital Formation ₹ 150 Government final consumption expenditure ₹ 300
Calculate National Income:
Particulars | ₹ in Crores |
(i) Net Domestic Capital Formation | 150 |
(ii) Government final consumption expenditure | 300 |
(iii) Net factor income from abroad | (-) 20 |
(iv) Private final consumption expenditure | 600 |
(v) Depreciation | 30 |
(vi) Net exports | 50 |
(vii) Net indirect taxes | 90 |
(viii) Net Current transfers from rest of the world | 40 |
Ans:-
National Income = ₹ 990 Crore
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 = ₹ 600 + ₹ 300 + ₹ 150 + ₹ 50
NDP at MP = ₹ 1100
NNP at FC = NDP at MP + Net Factor income from abroad – Net indirect taxes
NNP at FC = ₹ 1100 + ₹ (-) 20 – ₹ 90
NNP at FC = ₹ 990 Crore
Anurag Pathak Changed status to publish November 7, 2023