Calculate (a) national income, (b) net national disposable income :
Calculate (a) national income, (b) net national disposable income :
| Rs.in crores | ||
| (i) | Net factor income to abroad | (-) 50 |
| (ii) | Net indirect taxes | 800 |
| (iii) | Net current transfers from rest of the world | 100 |
| (iv) | Net imports | 200 |
| (v) | Private final consumption expenditure | 5,000 |
| (vi) | Government final consumption expenditure | 3,000 |
| (vii) | Gross domestic capital formation | 1,000 |
| (viii) | Consumption of fixed capital | 150 |
| (ix) | Change in stock | (-) 50 |
| (x) | Mixed income | 4,000 |
| (xi) | Scholarship to students | 80 |
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NNPFC = Private Final Consumption Expenditure + Government Finai Consumption Expenditure+Gross Domestic Capital Formation + Change in Stock - Net Imports - Depreciition - Net Factor Income to Abroad - Net Indirect Taxes
NNPFC= 5,000 + 3,000 + 1,000 -50 -200- 150 - (- 50) -800
NNPFC = 7,850
Net National Disposable Income = NNPFC+ Net Indirect Thxes + Net current transfers from the rest of the world Net National Disposable Income = 7,850 + 800 + 100 =Rs.8,750
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