Question

5.
Calculate national income from the following data using income and expenditure method
S.No. Items (Rs. InCrores)
1 Private final consumption expenditure 200
2 Subsidies 30
3 Net income from abroad (-) 20
4 Indirect tax 40
5 Rent 5
6 Govt. final consumption expenditure 40
7 Operating surplus 10
8 Net domestic fixed capital formation 10
9 Wages and salary 70
10 Net export 10
11 Change in stock 10
12 Employer’s social security contribution 20
13 Mixed income 130 ​

Answer 1

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