Advertisements
Advertisements
प्रश्न
Explain briefly NNP at factor cost.
उत्तर
Net National Product refers to the value of the net output of the economy during the year. NNP is obtained by deducting the value of depreciation, or replacement allowance of the capital assets from the GNP. It is expressed as, NNP = GNP – depreciation allowance.
APPEARS IN
संबंधित प्रश्न
National income
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
Which of the following affects national income? (Choose the correct alternative)
(a) Goods and Service tax
(b) Corporation tax
(c) Subsidies
(d) None of the above
Explain the precautions that should be taken while estimating national income by expenditure method.
Calculate (a) National Income, and (b) Net National Disposable Income:
| (Rs In crores) | |
| (i) Compensation of employees | 2,000 |
| (ii) Rent | 400 |
| (iii) Profit | 900 |
| (iv) Dividend | 100 |
| (v) Interest | 500 |
| (vi) Mixed income of self- employed | 7,000 |
| (vii) Net factor income to abroad | 50 |
| (viii) Net export | 60 |
| (ix) Net indirect taxes | 300 |
| (x) Depreciation | 150 |
| (xi) Net current transfers to aboard | 30 |
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 |
Giving reasons explain how should the following be treated in the estimation of national income:
Purchase of uniforms for nurses by a hospital
Give reasons or Explain the following statements
Services of housewives are excluded from national income.
Fill in the blank using proper alternative given in the bracket:
National income is ........ concept.
Fill in the blanks using proper alternatives given in the brackets
Personal Income - Direct Tax = ________________
Write Explanatory answer. (Any Two )
What is national income. Explain how national income is mesured by output method
Give reasons or explain the following statement:
The concept of national income has an important place in economic development.
Answer the following question:
Explain the income method of measuring national income.
Give reason or explain the following statement:
National income estimates are accurate in India.
Per capita income is obtained by dividing the National income by the ______.
When net factor income from abroad is deducted from NNP, the net value is______.
Real GNP is same as ______.
GNP at MP = ____________.
If for a country net factor income from abroad is negative then:
