Advertisements
Advertisements
प्रश्न
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.
उत्तर
Jan Dhan Yojana is a national mission which was implemented to ensure access to numerable financial services such as opening savings bank accounts and availing of credit facilities. This plan gave all households of the country access to universal banking facilities. Many individuals opened their savings account in the bank. This paved the way to commercial banks to provide loans for investment activities. Thus, an economy increases the production level which leads to an increase in the level of national income.
APPEARS IN
संबंधित प्रश्न
Explain the various methods of measuring national income.
If real income is Rs 400 and price index is 105, calculate nominal income.
Giving reason explain how the following should be treated in the estimation of national income:
Payment of interest by an individual to a bank
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 |
Explain national income determination through the two alternative approaches. Use Diagram.
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.
Write explanatory notes.
Output method of measurement of national income.
Answer the following question:
Explain the income method of measuring national income.
Distinguish between:
Gross national product and Gross domestic product.
State whether the following statement is true or false.
National income is computed every year.
Fill in the blank with appropriate alternatives given below
GDP (FC) = GDP (MP) – __________
Trace the relationship between GNP and NNP.
Explain the meaning of non-market activities.
NNPFC =
Which of the following items are excluded from GNP measurement?
Which one is true?
NNPMP =?
Net National Income at Factor Cost is called?
Total national income divided by total population is known as:
