Calculate National Income from the following data Private final consumption expenditure ₹ 900
Calculate National Income from the following data
| Particulars | ₹ in Crores |
| Private final consumption expenditure | 900 |
| Profit | 100 |
| Government final consumption expenditure | 400 |
| Net indirect taxes | 100 |
| Gross domestic capital formation | 250 |
| change in stock | 50 |
| Net factor income from abroad | (-) 40 |
| Consumption of fixed capital | 20 |
| Net imports | 30 |
Ans: National Income ₹ 1,360 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
GDP MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation – Net imports
GDP at MP = ₹ 900 + ₹ 400 + ₹ 250 – ₹ 30
GDP at MP = ₹ 1520 Crores
National Income (NNP at FC) = GDP at MP – Consumption of fixed Capital + Net factor income from abroad – Net indirect taxes
National Income (NNP at FC) = ₹ 1520 – ₹ 20 + ₹ (-) 40 – ₹ 100
National Income (NNP at FC) = ₹ 1360 Crores
Anurag Pathak Changed status to publish November 10, 2023
