Question

pace of economic growth? Write two observations,
14. Calculate Gross fixed capital formation from the following data-
S.NO ITEMS
Amount in (Rocrore)
i Private final consumption expenditure
1000
Government final consumption expenditure
Net export
IV Net factor income from abroad
20
Gross domestic product at Mp
2900
Opening stock
Closing stock
200
ere immuniter repere​

Answer 1

Answer:

Private Income = NDPFC – NDPFC of government sector + NFIA + Transfer Income + net interest receive from household (Interest Received by Households – Interest Paid by Households) = (i) – 0 + (ii) + (vii) + [(v) – (vi)]

= 8000 + 200 + 300 + (1500 – 1200)

= 8800 Crore

Personal Income = Private income – Undistributed profit – Corporation tax = 8800 – (iii) – (ii)

= 8800 – 1000 – 500 = 7300 Crore

Personal Disposable Income =

Personal income – Personal tax = 7300 – (viii)

= 7300 – 500 = 6800 Crore