Question

Private Final Consumption Expenditure
Government Final Consumption Expenditure
Gross domestic Fixed Capital Formation )
(iv) Mixed income of self employed
Imports
(vi) Exports
(vii) Opening stock
(viii) Compensation of employees
(ix) Closing stock
(x) Operating surplus
(xi) Consumption of fixed capital
(xii) Net indirect taxes
(xiii) Net factor income from abroad
300
150
70
85
20
10
15
200
25
200
10
25
(-)5​

Answer 1

Answer:

From the following data, calculate National Income by Income method and Expenditure method:

Item Rs. in crores

(i) Compensation of employees 700

(ii) Government final consumption expenditure 750

(iii) Net factor income from abroad (-) 10

(iv) Net exports (-) 15

(v) Profits 600

(vi) Net indirect taxes 60

(vii) Mixed income of self-employed 350

(viii) Rent 200

(ix) Interest 310

(x) Private final consumption expenditure 1100

(xi) Net domestic capital formation 385

(xii) Consumption of fixed capital 65