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Calculate national income Net current transfers …

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Calculate national income Net current transfers from the rest of the world 10 Private Final consumption expenditures 600 National debt interest 15 Net exports -20 Current transfers from the government 5 Net domestic product at factor cost accruing to govt 25 Govt. Final consumption expenditures 100 Net indirect tax 30 Net domestic capital formation 70 Net factor income from abroad 10
  • 1 answers

Preeti Dabral 1 year, 1 month ago

National Income:
= Private final consumption expenditure + Government final consumption expenditure + Gross Domestic Capital Formation + Net exports 
= 600 + 100 + 70 + (-20)
= Rs.750 crores
NNPFC = GDPMP - Depreciation + NFIA - NIT
NNPFC = 750 - 0 + 10 - 30
NNPFC = Rs. 730 crore
Private Income:
= Income from Domestic product accruing to Private Sector + Net Factor Income from Abroad + Current tansfers from Government + Net Current Transfer from the Rest of the World + National Debit Interest.
NDPFC = Income from Domestic product accruing to Public Sector + Income from Domestic product accruing to Private Sector
= 730 - 10 = 720
720 = 5 + Income from Domestic product accruing to Private Sector
715 = Income from Domestic product accruing to Private Sector
Private Income = 715 + 10 + 5 + (-10) + 15
= Rs.735 crores

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