मराठी

Calculate (A) National Income (B) Net National Income Disposable Income: Net Factor Income to Abroad Net Indirect Taxes Net Current Transfers from Rest of the Word - Economics

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प्रश्न

Calculate (a) national income (b) net national income disposable income:

    (Rs. in crores)
1 Net factor income to abroad (-) 50
2 Net indirect taxes 800
3 Net current transfers from rest of the word 100
4 Net imports 200
5 Private final consumption expenditure 5000
6 Government final consumption expenditure 3000
7 Gross domestic capital formation 1000
8 Consumption of fixed capital 150
9 Change in stock (-) 50
10 Mixed income 4000
11 Scholarship to students 80

 

उत्तर

NNPFc = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Change in Stock - Net Imports - Depreciation - Net Factor Income to Abroad - Net Indirect Taxes

NNPFc = 5000 + 3000 + 1000 - 50 - 200 -150 - (-50) - 800

NNFFc = 7850

Net National Disposable Income = NNPFc + Net Indirect Taxes + Net current transfers from the rest of the world

Net National Disposable Income = 7850 + 800 +100 = 8750

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Gross and Net Domestic Product (GDP and NDP)
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2016-2017 (March) Delhi Set 2

संबंधित प्रश्‍न

How will you treat the following while estimating domestic product of a country? Give reasons for your answer:

Profits earned by branches of country's bank in other countries


If Real GDP is Rs 200 and Price Index (with base = 100) is 110, calculate Nominal GDP


If the Nominal GDP is Rs. 1200 and Price Index (with base = 100) is 120, calculate Real GDP.


Giving reason explain how should the following be treated in estimating gross domestic product at market price?

Interest paid by an individual on a car loan taken from a bank.


If the Nominal Gross Domestic Product = Rs 4,400 and the Price Index (base = 100) = 110, calculate the Real Gross Domestic Product.


Find out (i) Gross National Product at Market Price and (ii) Net Current Transfers from Abroad:

S. No.

                                Items

(Rs Crore)

(i)

Private final consumption expenditure

1000

(ii)

Depreciation

100

(iii)

Net national disposable income

1500

(iv)

Closing stock

20

(v)

Government final consumption expenditure

300

(vi)

Net Indirect tax

50

(vii)

Opening stock

20

(viii)

Net domestic fixed capital formation

110

(ix)

Net exports

15

(x)

Net factor income to abroad

(–) 10

 


Answer the following question.
How can gross domestic product at factor cost be obtained from the gross national product at market price?


Read the following statements - Assertion (A) and Reason (R):

Assertion (A) - Acquisition of a domestic (Indian) company by a foreign (Australian) company will be recorded on the credit side of the Balance of Payment Account.

Reason(R) - It leads to the outflow of foreign exchange from the domestic economy.

From the given alternatives choose the correct one:


NDPMP = ____________.


NDPFC = ____________.


What is a sectoral composition of an economy? 


Which of the following economic reforms in India leads to social justice and welfare? 


Identify the correctly matched pair from Column A to that of Column B:

Column A Column B
1. Inflationary Gap (a) Selling of government securities
2. Deflationary Gap (2) Increase in Statutory Liquidity Ratio
 3. Effects of Deficient Demand (c) Rise in production level
4. Plans to Expand Exports (d) AD > AS (at full Exports employment level)

______ is Domestic Income.


Real GDP is considered as an index of:


The difference by which actual Aggregate Demand exceeds the Aggregate Demand, required to establish full employment equilibrium is known as ______


Read the below case and answer the question that follows:

The country's real gross domestic product (GDP) is likely to expand by 11 percent in the next financial year due to a faster economic recovery and on a low base, says a report. The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching PRE-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms.

"With progress in developing an effective vaccine for COVID-19 and signals of faster-than-expected recovery in the domestic economy, and also supported by a low base, we expect the real GDP to grow at 11 percent in F/Y 22, from the estimated contraction of 7 percent to 7.5 percent in F/Y 21," the agency said.

According to the first advance estimates of national income released by the National Statistical Office (NSO), the country's GDP is estimated to contract by a record 7.7 percent during the current financial year.
- "Real GDP to grow at 11 percent in F/Y 22: Report"                                  Economic Times, 21st Jan 2021

Read the following statements Assertion (A) and Reason (R).

Choose one of the correct alternatives given below:

Assertion (A): The country's real gross domestic product is likely to expand.

Reason (R): Some sectors remain affected by social distancing norms.


From the following, calculate the value of net domestic product at factor cost:

S.No. Items Amount in
(₹ crore) 
(i) Royalty 5

(ii)

Rent 75
(iii) Interest 30
(iv) Compensation of
Employees
600
(v) Profit 45
(vi) Dividends 20
(vii) Mixed Income
of self employed
100

State whether the following items will be included in the estimation of National Income or not? Give a reason for your answer.

Wooden cupboard purchased by a family.


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