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प्रश्न
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Bonus paid to employees
उत्तर
Bonus paid to employees will be included in the estimation of national income because it is a part of the compensation paid to employees.
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संबंधित प्रश्न
Total Cost and Total Revenue.
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
National income is the sum of factor incomes accruing to : (Choose the correct alternative)
(a) Nationals
(b) Economic territory
(c) Residents
(d) Both residents and non-residents
Calculate the 'National Income' and 'Private Income' :
| (Rs in crores) | ||
| 1 | Rent | 200 |
| 2 | Net factor income to abroad | 10 |
| 3 | National debt interest | 15 |
| 4 | Wages and salaries | 700 |
| 5 | Current transfers from government | 10 |
| 6 | Undistributed profit | 20 |
| 7 | Corporation tax | 30 |
| 8 | Interest | 150 |
| 9 | Social security contributions by employers | 100 |
| 10 | Net domestic product accruing to government | 250 |
| 11 | Net current transfers to rest of the world | 5 |
| 12 | Dividends | 50 |
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Purchase of taxi by a taxi driver.
Give reason or Explain the following statement :
Paid services are included in national income.
(b) decreases
(c) becomes equal
(d) becomes zero
Explain the circular flow of national income.
Give reasons or explain the following statement:
The concept of national income has an important place in economic development.
Write explanatory notes.
Output method of measurement of national income.
Answer the following question:
What is double counting of national income?
Distinguish between:
Gross national product and Gross domestic product.
Define or explain the following concept:
Final goods
Define or explain the following concept:
Personal income
Give reason or explain the following statement:
Old age pension is transfer income.
Fill in the blank with appropriate alternatives given below
National income is __________ concept.
Define the following:
Income from property and entrepreneurship
Identify and explain the following concept:
Shobha collected data regarding the money value of all final goods and services produced in the country for the financial year 2018-2019.
If factor cost is greater than marker price, it means that:
