Question

Find National Income by income and expenditure method-- (5 MARKS) Government final consumption expenditure 100 Subsidies 10 Rent 200 Wages and salaries 600 Indirect taxes 60 Private final consumption expenditure 800 Gross domestic capital formation 120 Social security contributions by employers 55 Royalty 25 Net factor income paid to abroad 30 Interest 20 Consumption of fixed capital 10 Profit 130 Change in stock 50 Net exports 70​

Answer 1

Answer:

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