Calculate National Income Private Final Consumption Expenditure ₹ 2,000 Government Final Consumption Expenditure ₹ 700
Calculate National Income
| Particulars | ₹ in Crores |
| (i) Private Final Consumption Expenditure | 2,000 |
| (ii) Government Final Consumption Expenditure | 700 |
| (iii) Gross Domestic Capital Formation | 200 |
| (iv) Net Exports | 300 |
| (v) Net Factor income from abroad | 400 |
| (vi) Consumption of fixed Capital | 200 |
| (vii) Net indirect tax | 50 |
Ans: National Income – ₹ 3,350 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
GDP at MP = ₹ 2,000 + ₹ 700 + ₹ 200 + ₹ 300
GDP at MP = ₹ 3,200
National Income (NNP at FC) = GDP at MP – Consumption of fixed Capital + Net Factor income from abroad – Net indirect tax
National Income (NNP at FC) = ₹ 3,200 – ₹ 200 + ₹ 400 – ₹ 50
National Income (NNP at FC) = ₹ 3,350 Crores
Anurag Pathak Changed status to publish November 10, 2023
