Question

Calculate National income by the Income Method and the Expenditure Method
Items
Rs.in crores
1. Govt. final consumption expenditure
100
2. Subsidies
10
3. Rent
200
4. Wages & salaries
600
5. Indirect taxes
60
6. Private final consumption expenditure
800
7. Gross domestic capital formation
120
8. Social security contribution by employers
55
9. Royalty
25
10. Net factor income paid to abroad (NFTA)
30
11. Interest
20
10
12. Consumption of fixe capital
130
13. Profit
70
14. Net exports
50
15. Change in stock​

Answer 1

Explanation:

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