Question

Calculate National Income by Income and Expenditure method. Particulars (O Government final consumption expenditure (1) Indirect tax G) Gross fixed capital formation (iv) Mixed income of the self employed (v) Subsidies (vi) Change in stock (vi) Rent, interest and profits (vi) Consumption of fixed capital (ix) Private Final Consumption expenditure (x) Imports of goods and services (x) Exports of goods and services (xil) Net factor income from abroad (xii) Compensation of employees National income in crores 7,351 0.834 13.248 28,267 1.120 3,170 9,637 4,048 51477 6,674 4,812 ()285 24.420 Noteral

Answer 1

Answer:

Operating surplus or mixed income is the balancing item in the Generation of Income Account depending on the type of enterprises. = value added minus compensation of employees payable minus taxes on production payable plus subsidies receivable......