Question

16. Find National Income:
in crore)
1,000
20
10
400
120
Wages and salaries
(ii) Net current transfers to abroad
(in) Net factor income paid to abroad
(iv) Profit
(v) National debt interest
(vi) Social security contributions by employers
(vii) Current transfers from government
(vii) National income accruing to government
(ix) Rent
(x) Interest
(xi) Royalty
100
60
150
200
300
50​

Answer 1

$\huge\blue{\underline{\sf{❥Answer↓}}}$

Net factor income to abroad=750 + 385 - 15 + 1100 - 60 - 10 = 2150 crores.

$\huge\green{\underline{\sf{❥Explanation↓}}}$

National income (expenditure method) = Govt. final consumption expenditure+Net domestic capital formation+Net exports+Private final consumption expenditure-Net indirect taxes-Net factor income to abroad=750 + 385 - 15 + 1100 - 60 - 10 = 2150 crores.