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प्रश्न
Find national income and private income:
(Rs crore)
(i) Wages and salaries 1,000
(ii) Net current transfer to abroad 20
(iii) Net factor income paid to abroad 10
(iv) Profit 400
(v) National debt interest 120
(vi) Social security contributions by employers 100
(vii) Current transfers from government 60
(viii) National income accruing to government 150
(ix) Rent 200
(x) Interest 300
(xi) Royalty 50
उत्तर
NNPFC = Compensation of employees + Operating surplus + Mixed income of self-employed − Net factor income paid to abroad
= Wages and salaries + Social security contributions by employers + Rent + Interest + Profit + Royalty − Net factor income paid to abroad
= 1,000 + 100 + 200 + 300 + 400 + 50 - 10 = Rs 2,040
Private income = National income - National income accruing to government - Net current transfer to abroad + National debt interest + Transfer from government
= 2040 - 150 - 20 + 120 + 60
= Rs 2050
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संबंधित प्रश्न
Total Cost and Total Revenue.
Distinguish between Gross National Product and Net National Product.
Find national income from the following:
Autonomous consumption = Rs100
Marginal propensity to consume = 0.80
Investment = Rs 50
Calculation National Income and Personal Disposable Income:
| (Rs crores) | ||
| 1 | Rent | 100 |
| 2 | Net current transfers to rest of the world | 30 |
| 3 | Social security contributions by employers | 47 |
| 4 | Mixed income | 600 |
| 5 | Gross domestic capital formation | 140 |
| 6 | Royalty | 20 |
| 7 | Interest | 110 |
| 8 | Compensation of employees | 500 |
| 9 | Net domestic capital formation | 120 |
| 10 | Net factor income from abroad | (-)10 |
| 11 | Net indirect tax | 150 |
| 12 | Profit | 200 |
Give reasons or Explain the following statements
Services of housewives are excluded from national income.
In an economy, S = −100 + 0.6 Y is the saving function, where S is Saving and Y is National Income. If investment expenditure is 1,100, calculate:
(1) Equilibrium level of National Income
(2) Consumption expenditure at equilibrium level of National Income.
(b) decreases
(c) becomes equal
(d) becomes zero
Answer the following question:
What are the features of national income?
Answer the following question:
Explain the concept of Gross domestic product at market prices.
Answer the following question:
Explain the income method of measuring national income.
State with reason whether you agree or disagree with the following statement:
Many precautions are to be taken while estimating national income by income method.
State with reason whether you agree or disagree with the following statement:
The money value of intermediate goods is not included in the estimation of national income.
Answer in detail:
Explain the Output method of measuring National income.
Distinguish between:
Gross National Product and Net National Product
Give reason or explain the following statement:
National income estimates are accurate in India.
Give reason or explain the following statement:
Paid services are included in national income.
The value of NNP at production point is called______.
Write the formula for calculating GNP.
Accounting of National Income at constant prices is known as ____________.
GNPMP =?
