Find out National Income Factor income from abroad ₹ 15 Private final Consumption expenditure ₹ 600
Find out National Income:
| Particulars | ₹ in Crores |
| (i) Factor income from abroad | 15 |
| (ii) Private final Consumption expenditure | 600 |
| (iii) Consumption of fixed capital | 50 |
| (iv) Government final consumption expenditure | 200 |
| (v) Change in Stock | (-) 10 |
| (vi) Net Domestic fixed capital formation | 110 |
| (vii) Net factor income to abroad | 10 |
| (viii) Net imports | (-) 20 |
| (ix) Net indirect tax | 70 |
National Income = ₹ 840 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 Fixed Capital Formation + Change in Stock – Net imports
NDP at MP = ₹ 600 + ₹ 200 + ₹ 110 + ₹ (-) 10 – (- 20)
NDP at MP = ₹ 920
NNP at FC = NDP at MP – Net factor income to abroad – Net indirect tax
NNP at FC = ₹ 920 – ₹ 10 – ₹ 70
NNP at FC = ₹ 840 Crore
Anurag Pathak Changed status to publish November 7, 2023
