Advertisements
Advertisements
प्रश्न
Calculate 'Net National Product at Market Price' and 'Personal Income'.
| (Rs crore) | ||
| (i) | Transfer payments by government | 7 |
| (ii) | Government final consumption expenditure | 50 |
| (iii) | Net imports | -10 |
| (iv) | Net domestic fixed capital formation | 60 |
| (v) | Private final consumption expenditure | 300 |
| (vi) | Private income | 280 |
| (vii) | Net factor income to abroad | -5 |
| (viii) | Closing stock | 8 |
| (ix) | Opening stock | 8 |
| (x) | Depreciation | 12 |
| (xi) | Corporate tax | 60 |
| Xii | Retained earnings of corporatio | 20 |
उत्तर
Net National Product at Market = Private final consumption expenditure + Government final consumption expenditure + (Net domestic fixed capital formation + depreciation) + Change in stock − Net imports − Depreciation − Net factor income to an abroad − Net national product at market price
= 300 + 50 + 60 + 12 + (8 − 8) − (−10) − 12 − (−5)
= Rs 425 crore
Personal Income = Private income − Corporate tax − Retained earnings of corpor
= 280 − 60 − 20
= Rs 200 crore
APPEARS IN
संबंधित प्रश्न
Total Cost and Total Revenue.
Unpaid services are not included in national income.
Explain the impact of rise in exchange rate on national income.
Giving reason explain how should the following be treated in the estimation of national income:
Payment of corporate tax by a firm
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by a firm to a bank
Calculate the 'National Income' and 'Private Income' :
| (Rs in crores) | ||
| 1 | Rent | 200 |
| 2 | Net factor income to abroad | 10 |
| 3 | National debt interest | 15 |
| 4 | Wages and salaries | 700 |
| 5 | Current transfers from government | 10 |
| 6 | Undistributed profit | 20 |
| 7 | Corporation tax | 30 |
| 8 | Interest | 150 |
| 9 | Social security contributions by employers | 100 |
| 10 | Net domestic product accruing to government | 250 |
| 11 | Net current transfers to rest of the world | 5 |
| 12 | Dividends | 50 |
Calculate investment expenditure from the following data about an economy which is in equilibrium:
National income = 1500
Autonomous consumption expenditure = 300
Investment expenditure = 300
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Bonus paid to employees
State whether the following statements are True or False with reason:
Ten years period is considered for measuring National Income.
State with reason whether you agree or disagree with the following statement:
Gross National product and Gross Domestic product are same concepts.
Answer in detail:
Explain the 'Final Good Approach' to avoid double counting of goods and services in the estimation of national income.
Distinguish between:
Net national product and Net domestic product.
Write short note on:
Personal disposable income
State whether the following statement is true or false.
National income is computed every year.
State whether the following statement is true or false.
Inclusion of value of intermediate goods leads to double counting.
Answer the following question.
Define the problem of double counting in the computation of national income. State any two approaches to correct the problem of double counting.
The average income of the country is______.
GNP at MP = ____________.
The market price of all final goods of a country in a year is known as:
Which of the following is not a component of domestic income?
