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प्रश्न
Giving reasons explain how should the following be treated in the estimation of national income:
Purchase of machinery by a factory for own use
उत्तर
Purchase of machinery by a firm for own use is included in the estimation of national income because it is the final investment expenditure of the firm
APPEARS IN
संबंधित प्रश्न
In order to avoid double counting, value added approach is used.
Calculate National Income from the following data:
| S.No. | Particulars | Rs.in crores |
| (i) | Private final consumption expenditure | 900 |
| (ii) | Profit | 100 |
| (iii) | Government final consumption expenditure | 400 |
| (iv) | Net indirect taxes | 100 |
| (v) | Gross domestic capital formation | 250 |
| (vi) | Change in stock | 50 |
| (vii) | Net factor income from abroad | (-)40 |
| (viii) | Consumption of fixed capital | 20 |
| (ix) | Net imports | 30 |
Giving reason explain how should the following be treated in estimating national income:
i. Expenditure on fertilizers by a farmer.
ii. Purchase of tractor by a farmer.
A government of India has recently launched 'Jan-Dhan Yojana' aimed at every household in the country to have at least one bank account. Explain how deposits made under the plan are going to affect the national income of the country.
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 in estimating the national income of a country? You must give a reason for your answer.
Taking care of aged parents
Write explanatory notes.
Output method of measurement of national income.
Answer the following question:
State the precautions while using expenditure method to measure national income.
Distinguish between:
Output method of measuring national income and Income method of measuring national income.
Distinguish between:
Gross National Product and Net National Product
Define or explain the following concept:
Depreciation
Study the following table, figure, passage and answer the question given below it.
| Components of GNP for the year 2018 |
In crores |
| Consumption | 200 |
| Investment | 300 |
| Govt.Expenditure | 400 |
| Net export | - 100 |
| Net receipts | - 50 |
| Depreciation | 100 |
A. Complete the formula
GNP = C + `square` + G + (X - M) + `square` (1m)
B. Calculate Gross National Product & Net National Product from the above data. (3m)
Explain briefly NNP at factor cost.
Explain the meaning of non-market activities.
NNPMP =
GDPFC = ____________.
NNPMP =?
If for a country net factor income from abroad is negative then:
The market value of all final goods and services produced in an economy over a year is called:
