Find out the value of Operating Surplus with the help of the following;Rent =Rs 10 Crore,Royalty Rs 8 Crore, Interest= Rs 12 Crore , Profit = Rs 5 Crore.
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Step-by-step explanation:
NNPFC= Compensation of Employees + Operating Surplus + Mixed income of self-employed − Net Factor Income paid to Abroad
⇒NNPFC= Wages and Salaries + Social security contributions by employers + Rent + Interest + Profit + Royalty − Net Factor Income paid to Abroad
∴NNPFC=1,000+100+200+300+400+50−10=Rs.2,040
Private Income = National Income − National income accruing to government − Net Current Transfers to Abroad + National Debt Interest + Transfers from Government
⇒ Private Income =2,040−150−20+120+60
∴ Private Income =Rs2,050.
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