Question

#calculate the national income
- items. Rs.in crore
1. private final consumption expenditure 600
2. profit 100
3. govt. final consumption expenditure 700
4. net indirect taxes 50
5. gross domestic capital formation 250
6. change in stock - 50
7. net factor income from abroad 70
8. net import 30​

Answer 1

Rs.1590crore

Explanation:

NNP at FC

= Private final consumption expenditure+profit+govt.final consumption expenditure+Gross domestic capital formation+net factor income from abroad+change in stock- net import- net indirect taxes

=> 600+100+700+250+70+(-50)-30-50

=> 1720-50-30-50

=> 1720-130

=> Rs.1590crore...