Question

method:
me from the following data, calculate "national income" by (a) income method and (b) expenditure
(CBSE, All India 2009)
Particulars
in crores
(i) Interest
150
(i) Rent
250
(i) Government final consumption expenditure
600
(iv) Private final consumption expenditure
1200
(v) Profits
640
1000
(vi) Compensation of employees
30
(vii) Net factor income to abroad
60
(viii) Net indirect taxes
(ix) Net exports
(-)40
(x) Consumption of fixed capital
340
(xi) Net domestic capital formation
(a) 2,010 crores; (b) 2,010 crores
50​

Answer 1

Answer:

(a)By Income Method: ₹2010 Crores

(b)By Expenditure Method: ₹ 2010 Crores

Explanation:

(a) NNP at FC = COE +Rent +Interest +Profits -NFITA = 1000 +250 +150 +640 -30 = ₹2010 Crores

(b) NNP at FC = Govt final consumption expenditure +Private final consumption expenditure +Net domestic capital formation +Net Exports -NFITA -NIT = 600 +1200 +340 +(-)40 -30 -60 = ₹2010 Crores

Answer 2

Answer:

iaiq

Explanation: