Calculate National Income Private final consumption expenditure ₹ 500 Net Domestic fixed capital formation ₹ 100
Calculate National Income
Particulars | ₹ in crores |
(i) Private final consumption expenditure | 500 |
(ii) Net Domestic fixed capital formation | 100 |
(iii) Net factor income from abroad | 30 |
(iv) Change in stock | 20 |
(v) Net exports | 40 |
(vi) Net indirect taxes | 50 |
(vii) Mixed Income | 300 |
(viii) Government final consumption expenditure | 200 |
(ix) Consumption of fixed Capital | 60 |
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of National Income
GDP at MP = Private final consumption expenditure + Government Final consumption expenditure + Gross Domestic Capital Formation (Net domestic fixed capital formation + Consumption of fixed capital + change in stock) + Net exports
GDP at MP = ₹ 500 + ₹ 200 + (₹ 100 + ₹ 60 + ₹ 20) + ₹ 40
GDP at MP = ₹ 920
NNP at FC = GDP at MP – Consumption of fixed Capital + Net factor income from abroad – Net indirect taxes
NNP at FC = ₹ 920 – ₹ 60 + ₹ 30 – ₹ 50
NNP at FC = ₹ 840 Crore
Anurag Pathak Changed status to publish November 7, 2023