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Question
Given the following data, find the values of "Gross Domestic Capital Formation" and "Operating Surplus".
| S. No. | Particulars |
Amount (₹ in crores) |
| (i) | National Income | 22,100 |
| (ii) | Wages and Salaries | 12,000 |
| (iii) | Private Final Consumption Expenditure | 7,200 |
| (iv) | Net Indirect Taxes | 700 |
| (v) | Gross Domestic Capital Formation | ? |
| (vi) | Depreciation | 500 |
| (vii) | Government Final Consumption Expenditure | 6,100 |
| (viii) | Mixed Income of Self-Employed | 4,800 |
| (ix) | Operating Surplus | ? |
| (x) | Net Exports | 3,400 |
| (xi) | Rent | 1,200 |
| (xii) | (-) | |
| Net Factor Income From Abroad | 150 |
Solution
Given: National Income (NNPFC) = 22,100
GDPMP = NNPFC + Depreciation + NIT - NFIA
GDPMP = 22,100 + 500 - (- 150)
GDPMP = 23,450
GDPMP = Private Final Consumption Expenditure + Gross Domestic Capital Formation + Government Final Consumption Expenditure + Net Exports
23,450 = 7,200 + Gross Domestic Capital Formation + 6,100 + 3,400
Gross Domestic Capital Formation = ₹6,750 crores
NDPFC = NNPFC - NFIA
NDPFC = 22,100 - (- 150)
NDPFC = 22,250
NDPFC = Wages and Salaries + Operating Surplus + Mixed Income of Self Employed
22,250 = 12,000 + Operating Surplus + 4,800
Operating Surplus = ₹5,450 crores
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