Calculate National Income by (i) Income Method, and (ii) Expenditure Method from the following data :
Calculate National Income by (i) Income Method, and (ii) Expenditure Method from the following data :
| (Items) | (Rs. in crore) |
| (i) Profit | 200 |
| (ii) Private Final Consumption Expenditure | 440 |
| (iii) Govt. Final Consumption Expenditure | 250 |
| (iv) Compensation of Employees | 350 |
| (v) Gross Domestic Capital Formation | 90 |
| (vi) Consumption of Fixed Capital | 20 |
| (vii) Net Exports | (-)20 |
| (viii) Interest | 60 |
| (ix) Rent | 70 |
| (x) Net Factor Income to Abroad | 50 |
| (xi) Net Indirect Taxes | 60 |
5 views
1 Answers
Income Method
NNPFC= Profit + Compensation of Employees +
Interest + Rent - Net Factor Income to Abroad
= 200 + 350 + 50 + 70 - 50
= Rs. 630 crore.
Expenditure Method
NNPFC = Private Final Consumption Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports - Consumption of Fixed Capital - Net Factor Income to Abroad - Net Indirect Taxes
= 440 + 250 + 90 + (-20) - 20 - (50) - 60
= 780 - 20 - 20 + 50 - 60
= 780 - 100 + 50
= 780 - 150
NNPFC=Rs.630 crore.
5 views
Answered