मराठी

How should the following be treated in estimating National Income of a Country? Give valid reasons. Profit earned by Foreign Banks in India. - Economics

Advertisements
Advertisements

प्रश्न

How should the following be treated in estimating National Income of a Country? Give valid reasons. 

Profit earned by Foreign Banks in India.

थोडक्यात उत्तर

उत्तर

Foreign bank profits in India are included in the estimation of national income.

Reason:

Profits earned by foreign banks are considered a component of operating surplus under the National Income accounting framework. It is one of the GDP components. Regardless of nationality, GDP measures the value of products and services produced inside a country.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2022-2023 (March) Delhi Set 2

संबंधित प्रश्‍न

Total Cost and Total Revenue.


Find national income from the following:

Autonomous consumption = Rs100
Marginal propensity to consume = 0.80
Investment = Rs 50


Giving reason explain how should the following be treated in the estimation of national income:

Payment of corporate tax by a firm


Giving reason explain how the following should be treated in the estimation of national income:

Payment of interest by a bank to an individual


Calculate national income and gross national disposable income from the following:

    (Rs Arab)
1 Net current transfers to abroad 5
2 Government final consumption expenditure 100
3 Net indirect tax 80
4 Private final consumption expenditure 300
5 Consumption of fixed capital 20
6 Gross domestic fixed capital formation 50
7 Net imports (-)10
8 Closing stock 25
9 Opening stock 25
10 Net factor income to abroad 10

How should the following be treated while estimating national income? You must give the reason in support of your answer.

Addition to stocks during a year


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.


Investment made by the government is _____________ investment.(unplanned/gross/autonomous/induced)


C = 50 + 0.5 Y is the Consumption Function where C is consumption expenditure and Y is National Income and Investment expenditure is 2000 is an economy. Calculate 

(i) Equilibrium level of National Income.

(ii) Consumption expenditure at equilibrium level of national income.


Fill in the blanks using proper alternatives given in the brackets 

Personal Income - Direct Tax = ________________ 


 Define of Explain the following concept. 

Net earnings from foreign trade  


Answer the following question:

What is double counting of national income?


Write short note on:

Expenditure method of measuring national income.


Define or explain the following concept:

Final goods


Match the following groups:

Group A Group B
1) Income method a) Personal income – direct taxes
2) Unemployment allowance b) Money value of goods and services
3) Disposable Income c) Factor cost method
4) National Income d) Personal income subsidy
5) NNP(MP) e) Transfer payment
    f) GNP(MP) - Depreciation
    g) Output method
    h) Transfer income

Fill in the blank with appropriate alternatives given below

National income is __________ concept.


Distinguish between the following.

Personal income and Disposable income


When net factor income from abroad is deducted from NNP, the net value is______.


Define GDP deflator.


NNPFC =


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×