Advertisements
Advertisements
Question
Calculate net national disposable income from the following data:-
| S.No. | Particulars | Rs. in crores |
| (i) | Gross domestic product at market price | 2000 |
| (ii) | Net current transfers to rest of the world | (-)200 |
| (iii) | Net indirect taxes | 150 |
| (iv) | Net factor income to abroad | 60 |
| (v) | National debt interest | 70 |
| (vi) | Consumption of fixed capital | 200 |
| (vii) | Current transfers from Government | 150 |
Solution
To calculate Net National Disposable Income
We know
NNDP = NDPFC + NIT − Net factor income to abroad − Net current transfers to rest of the world
NDPFC = GDPMP − Consumption of fixed capital − NIT
NDPFC = 2,000 − 200 − 150 = 1,650x
By substituting this value in the given formula, we get
NNDP = 1,650 + 150 − 60 − (−200)
NNDP = 1,940 crore
APPEARS IN
RELATED QUESTIONS
Calculate national income and gross national disposable income from the following:
(Rs Arab)
i. Net current transfers to abroad (-) 15
ii. Private final consumption expenditure 600
iii. Subsidies 20
iv. Government final consumption expenditure 100
v. Indirect tax 120
vi. Net imports 20
vii. Consumption of fixed capital 35
viii. Net change in stocks (-)10
ix. Net factor income to abroad 5
x. Net domestic capital formation 110
Find out (a) national income and (b) net national disposable income:
S. No. Items (Rs crores)
i. Factor income from abroad 15
ii. Private final consumption expenditure 600
iii. Consumption of fixed capital 50
iv. Government final consumption expenditure 200
v. Net current transfers to abroad (-) 5
vi. Net domestic fixed capital formation 110
vii. Net factor income to abroad 10
viii. Net imports (-) 20
ix. Net indirect tax 70
x. Change in stocks (-) 10
Calculate “Gross National Disposable Income” from the following data:
|
S.No. |
Particulars |
(Rs in crores) |
|
|
(i) |
Net domestic product at factor cost |
3,000 |
|
|
(ii) |
Indirect taxes |
300 |
|
|
(iii) |
Net current transfers from rest of the world |
250 |
|
|
(iv) |
Current transfers from the government |
100 |
|
|
(v) |
Net factor income to abroad |
150 |
|
|
(vi) |
Consumption of fixed capital |
200 |
|
|
(vii) |
Subsidies |
100 |
|
National Disposable income is equal to ______.
Firm A sells flour to firm B for ₹ 100/- Firm B sells biscuits to the wholesaler C for ₹ 160/- and Firm C sells biscuits to consumers for ₹ 200/-. Hence, the gross value added is ______.
