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Calculate national income by income method …

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Calculate national income by income method and expenditure method from the Following data. Interest 250 (Rs in crores) Net factor income from abroad -50 (Rs in crores) Government final consumption expenditure 1400 (Rs in crores) Mixed income of self employed 1500 (Rs in crores) Compensation of employees 3000 (Rs in crores) Private final consumption expenditure 4500 (Rs in crores) Profits 1000 (Rs in crores) Consumption of fixed capital 60 (Rs in crores) Rent 300 (Rs in crores) Net domestic capital formation 600 (Rs in crores) Net exports -30 (Rs in crores) Net current transfers from the rest of the world 40 (Rs in crores) Net indirect taxes 420 (Rs in crores)

    • Posted by Fakir Mohan Dharua 4 years, 9 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gurpreet Kaur 4 years, 9 months ago

    EXPENDITURE METHOD; gdp at mp=g.f.c.e.+p.f.c.e.+n.d.c.f.+net exports 1400+4500+600+30 =rs.6530 nnp at fc=gdp at fc -cfc-n.i.t.+n.f.i.a. =6530-60-420+(-50) =rs.6000 crores Income method; NNPfc=compensation + mixed income +rent+ interest+profit+NFIA =3000+1500+300+250+1000+(-500) =RS.6000 crores

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