Question

Calculate Domestic Income.
Particulars
0) GNP at FC
(1) Indirect Taxes
(1) Factor income from abroad
(iv) Factor income to abroad
(v) Replacement of Fixed Capital
Tin crores
2,700
80
150
180
150​

Answer 1

Answer:

Formula of Domestic Income: GDP at FC

GDP at FC : GNP at FC - Factor Income from abroad - Factor Income to abroad

: 2700 - (150 - 180)

: 2700 - (-30)

: 2700 + 30

: 2730