Wednesday, January 16, 2013

NUMERICAL PROBLEMS OF NATIONAL INCOME



                                             
                           NUMERICAL PROBLEMS OF NATIONAL INCOME:-

1. Calculate net value added at market price of a firm: -
 
ITEMS
 (Rs. IN THOUSAND)
i. Sale
700
ii. Change in stock
40
iii. Depriciation
80
iv. Net in direct taxes
100
v. Purchasse of machinery
250
vi. Purchase of intermediate product.
400
Ans.: Rs. 260 thousands.

FORMULA: -

Value of Output =  Sale + change in stock
                                      ( 700 + 40=740)
NV at mp = Value of output - purchase of intermediate product - depreciation

                      740 - 400 - 80 = 260 thousands

Ans. 260/- thousand 

2. Calculate net value added at market price of a firm: -
ITEMS
 (Rs. IN THOUSAND)
i. Sale
300
ii. Change in stock
-10
iii. Depreciation
20
iv. Net in direct taxes
30
v. Purchase of machinery
100
vi. Purchase of intermediate product.
150

Value of output : - Sale + Change in stock ( 300+(-)10 = 290/-)
Gross Value added at mp = Value of output - Purchase of intermediate product.
                                                    290 - 150 = 140/-
Net Value added at mp = Gross Value added at mp - . Depreciation

                                                    140 - 20 = 120 thousands
ans.: - Rs. 120 thousands.
3. . Calculate net value added at market price of a firm: -
ITEMS
 (Rs. IN THOUSAND)
i. Sale
800
ii. Change in stock
-30
iii. Depreciation
70
iv. Net in direct taxes
80
v. Purchase of machinery
150
vi. Purchase of intermediate product.
450

Value of output =  Sale + Change in stock
                                  800 + (-) 30 = 770/-
Gross Value added at mp = Value of Output - Purchase of intermediate product.
                                                         770 - 450 = 320/-
Net Value added at mp = Gross Value added at mp - Depreciation

                                              Ans.  320 - 70 = 250/ thousand.

4. Calculate net value added at market price of a firm: -
ITEMS
 (Rs. IN LAKHS)
i. Value of output
400
ii. Change in stock
50
iii. Depreciation
20
iv. Net in direct taxes
25
v. Intermediate cost
200
vi. Export
10

Ans. Rs. 180 Lakhs.

5. Calculate Gross  value added at factor cost of a firm: -
ITEMS
 (Rs. IN LAKHS)
i. Value of output
300
ii. Change in stock
30
iii. Depreciation
20
iv. Net in direct taxes
30
v. Intermediate cost
200
vi. Export
15

Ans. Rs. 70 Lakhs.
6. Calculate net  value added at market price of a firm: -
ITEMS
 (Rs. IN LAKHS)
i. Value of output
200
ii. Change in stock
30
iii. Depreciation
25
iv. Net in direct taxes
20
v. Intermediate cost
100
vi. Export
15
Ans. Rs. 55 Lakhs.


  7. Calculate net  value added at market price of a firm: -
ITEMS
 (Rs. IN LAKHS)
i. Sale
250
ii. Change in stock
30
iii. Depreciation
20
iv. Net in direct taxes
20
v. Purchase of Intermediate mediates product.
120
vi. Purchase of machines
300

Ans. Rs. 140  Lakhs.

8.  Calculate personal disposable income from the given data: -
 ITEMS
 (Rs. in crores )
i. Net current transfered from rest of the world.
3
ii. Private income
200
iii. Personal taxes
30
National debt interest
5
Corporate profit tax
20
Undistributed profit.
10

Ans. Rs. 140 Crores

9.  Calculate personal disposable income from the given data: -
 ITEMS
 (Rs. in crores )
i. Net current transferred from rest of the world.
3
ii. Private income
200
iii. Personal taxes
30
National debt interest
5
Corporate profit tax
20
Undistributed profit of corporation
10

Ans. Rs. 140 Crores

10.  Calculate personal disposable income from the given data: -
 ITEMS
 (Rs. in crores )
i. Net current transferred from rest of the world.
15
ii. Net domestic product accruing to private sector.
500
iii. Net factor income from abroad.
(-)10
iv. National debt interest
40
v. Corporate profit tax
55
vi. Undistributed profit of corporation
20
vii. Net current transferred from Govt..
15

Ans. Rs. 485 Crores

11.  Calculate personal  income from the given data: -
 ITEMS
 (Rs. in crores )
i. Net current transferred from rest of the world.
25
ii. Net domestic product accruing to private sector.
600
iii. Net factor income from abroad.
(-)10
iv. National debt interest
50
v. Corporate profit tax
65
vi. Undistributed profit of corporation
20
vii. Net current transferred from rest of the world.
15

Ans. Rs.              


12. . Calculate net value added at factor cost of a firm: -
ITEMS
 (Rs. IN LAKHS)
i. Sale
140
ii. Change in stock
(-)10
iii. Depreciation
20
iv. Export
7
v. Intermediate cost
90
vi. Subsidies
5
vii. Import of raw material
3

Ans. Rs. 25 Lakhs

13. Calculate net value added at market price of a firm: -

ITEMS
 (Rs. IN LAKHS)
i. Sale in domestic market.
250
ii. Opening stock.
20
ii. Closing  in stock
50
iii. Depreciation
15
iv. Net in direct taxes
25
v. Intermediate cost
200
vi. Export
10

Ans. Rs. 160 Lakhs

14. Calculate ' net value added at factor cost' from the following data: -
ITEMS
 (Rs. IN LAKHS)
i. Sale
700
ii. Purchase of machine for installation in the factory
100
iii. Subsidies
50
iv. Change in stock.
(-) 30
v. Purchase of raw material
400
vi. rent
60
vii. Consumption of fixed capital
20

Ans. Rs. 300 Lakhs.
15. Calculate ' net value added at factor cost' from the following data: -
ITEMS
 (Rs. IN LAKHS)
i. Sale
800
ii. import of material.
500
iii. Subsidies
50
iv. Change in stock.
40
v. Purchase of raw material from domestic market.
450
vi. Wages and salaries
200
vii. Consumption of fixed capital
60

Ans. Rs. 380 Lakhs.




16. Calculate personal income: -
ITEMS
 (Rs. IN LAKHS)
i. Sales
500
ii. Purchase of intermediate goods
350
iii. Opening stock
60
iv. indirect taxes
50
v. CFC
90
vi. Import of raw materials
85
vii. Closing stock
80

Ans. Rs. 30 Lakhs.

17. Calculate ' Personal income from the following data: -
ITEMS
 (Rs. IN LAKHS)
i. Retained earning of private corporation.
20
ii. Miscellaneous receipts of government.
50
iii. Personal disposable income.
200
iv. Personal taxes
30
v. corporate profit tax
10

Ans. Rs. 280 Crores.

18. Calculate net value added at market price. : -

ITEMS
RS
i. Deprecation
700
ii. Output sold
900
iii. Price per unit of output
40
iv. Closing stock
1,000
v. Opening stock
800
vi. Sale tax
3,000
vii. intermediate cost.
20,000

Ans. Rs. 15,500



19. Calculate ' gross value added at factor cost' from the following data: -
ITEMS
 (Rs. IN LAKHS)
i. Unit of output sold.
2000
ii. Price per unit of output
20
iii. Subsidies
3000
iv. Change in stock.
(-) 500
v. Intermediate cost.
15,000
vi. Consumption of fixed capital
2,000



Ans. Rs. 27,50
20. Calculate ' Net value added at factor cost' from the following data: -
ITEMS
 (Rs. IN LAKHS)
i. Price per unit of output, 
25
ii. Output sold.
1,000
iii. Excise duty
5,000
iv. Depreciation
1,000
v. Change in stock
(-) 500
vi. Intermediate cost
7,000



Ans. Rs. 300 Lakhs.


                                           4 MARKS QUESTIONS
21. Calculate Gross National Disposable income and Personal income; -
ITEMS
 (Rs. IN Crores)
i. Net factor income from abroad.
(-)50
ii. Net indirect taxes
110
iii. Current Transferred by the government
40
iv.  Corporate taxes
60
v. Net domestic product at market price
800
vi. National debt interest
80
vii. NCT from abroad.
10
viii. Consumption of fixed capital
50
ix. Domestic product accruing to govt.
70
x. Retain earning of private corporation.
10

Ans. GNDI  Rs. 900 Croresd.  PI = 720 RS.


22. Calculate Gross National Disposable income and Personal income; -
ITEMS
 (Rs. IN Crores)
i. Net factor income from abroad.
50
ii. Indirect taxes
100
iii. Current Transferred by the government
30
iv.  Corporate taxes
60
v. Net domestic product at factor cost
1020
vi. National debt interest
40
vii. NCT from abroad.
(-) 20
viii. Personal tax
70
ix. Domestic product accruing to govt.
200
x. Undistributed profit of private corporation.
10


Ans. GNDI  Rs. 1050 Croresd.  PDI = 680 Rs.

23. Calculate Gross National Disposable income and Personal income; -
ITEMS
 (Rs. IN Crores)
i. Net factor income from abroad.
(-) 10
ii. Net indirect taxes
120
iii. Current Transferred by the government
30
iv.  Corporate taxes
20
v. National income
900
vi. National debt interest
50
vii. NCT to abroad.
20
viii. Personal tax
40
ix. Domestic product accruing to govt.
90
x. Retain earning of private corporation.
10

Ans. NNDI  Rs. 1050 Crores.  PDI =680 RS.

24. From the following data, Calculate
a. National Income
b. Personal disposable income
ITEMS
 (Rs. IN Crores)
i. Compensation of employee
1200
ii. Rent.
400
iii. Profit
800
iv. CFC
300
v. M I
1000
Vi. Private income
3600
vii. NFIA
-50
viii. Net retained earnings of private enterprises.
200
ix. Interest
250
x. N I T
350
xi. Net Export.
-60
xii. Direct txes
150
Xiii. Corporation tax.
100



Ans. NI  Rs. 3600 Croresd.  PI = 3150 RS.

25. From the following data, Calculate
a. National Income
b. Personal disposable income
ITEMS
 (Rs. IN Crores)
i. Compensation of employee
800
ii. Rent.
300
iii. Profit
700
iv. C F C
80
v. M I
600
Vi. Private income
2500
vii. NFIA
-50
viii. Net retained earnings of private enterprises.
50
ix. Interest
500
x. N I T
150
xi. Net Export.
-40
xii. Direct taxes paid by household
70
Xiii. Corporation tax.
100



Ans. NI  Rs. 2850 Crores.  PDI = 2280 RS. Crores. 


26. . From the following data, Calculate
a. National Income
b. Personal disposable income
ITEMS
 (Rs. IN Crores)
i. Compensation of employee
1000
ii. Rent.
200
iii. Profit
500
iv. C F C
100
v. M I
800
Vi. Private income
2000
vii. NFIA
-50
viii. Net retained earnings of private enterprises.
150
ix. Interest
250
x. N I T
160
xi. Net Export.
-40
xii. Direct taxes paid by household
120
Xiii. Corporation tax.
200



Ans. National Income Rs. 2700 Crores
b. Personal disposable income Rs. 1530 Crores

27. From the following data, Calculate
a. National Income
b. Net National  disposable income

ITEMS
 (Rs. IN Crores)
1.  N C T from ROW
5
2. Private final consumption expenditure
300
3. N F income to abroad.
10
4. Govt. final consumption expenditure
100
5. Subsidies
20
6. Net domestic fixed capital formation.
80
7. Indirect taxes
70
8. Net export
-40
9. Change in stocks
20
10. Current transfer from govt.
15


Ans. : - National Income
b. Personal disposable income

28. . From the following data, Calculate
a. National Income
b.Net National disposable  income : -
ITEMS
 (Rs. IN Crores)
i. Compensation of employee
600
ii. Rent.
100
iii. Profit
80
iv. C F C
50
v. M I
200
Vi. Current transfer from government
25
vii. NFIA
(-) 10
Viii . Interest
120
ix. N C T from ROW
20
x. N I T
110

29. From the following data, Calculate
a. National Income
b. Private  income : -
ITEMS
 (Rs. IN Crores)
i. N C T from ROW
10
ii. Private final consumption expenditure
600
iii. National debt interest
15
Iv. Net export
(-) 20
v. C T from government.
5
Vi. Net domestic product at factor cost accruing to government.
25
Vii. Government final consumption expenditure
100
viii. Net indirect taxes,
30
ix. Net domestic capital formation,
70
x. Net factor income from abroad.
10

30.  Calculate " Gross national product at market price ' and Personal income' from the following data: -
ITEMS
 (Rs. IN Crores)
i. Corporation tax
35
ii. Wages and salaries.
200
iii. National debt interest
25
iv. Operating surplus.
400
v. N C T from abroad.
15
vi. Net factor income from abroad.
(-) 10
vii. C F C
20
viii. Social security contribution by employers
30
ix. Net indirect taxes
40
x. C T from Govt.
5
xi. Net domestic product at factor at cost
accruing to private sector.
500

31.  Calculate "Net national product at market price ' and Private  income' from the following data: -
ITEMS
 (Rs. IN Crores)
i. Corporation tax
35
ii. Private final consumption expenditure
100
iii. Personal taxes
20
iv. Gross national disposable income
170
v. N C T from abroad.
15
vi. Net factor income from abroad.
(-) 5
vii. Personal disposable income.
70
viii. Net export.
(-) 10
ix. Saving of private corporate sector.
5
x. Net national disposable income.
145



32. From the following data (a) 'Net national product at factor cost' and Gross national disposable income.
i. Gross domestic capital formation
210
ii. Change in stock
(-0 30
iii. Private final consumption expenditure
3,000
iv. Goverment final consumption expenditure
1,000
v. Net export
(-) 20
vi. N F I A
(-) 10
vii. Net domestic fixed capital formation
200
Viii. N C T from ROW.
30
ix. Interest on public debt.
15
x. Personal tax
25
Xi. N I T
170
XII. Undistributed profit.
250

33. From the following data, calculate ' National income' by (a) Income method (b) Expenditure method : -
ITEMS
 (Rs. IN Crores)
1. Interest
150
2. Rent.
250
3. Government final consumption expenditure
600
4. Private final consumption expenditure
1200
5. Profit
640
6. Compensation of employees
1000
7. Net factor income from abroad.
30
8. N I T
60
9. Net export.
(-) 40
10. CFC
50
11. Net domestic capital formation.
340

34.  Gross national product at market price and Net National disposable income: -

ITEMS
 (Rs. IN Crores)
i. N C T from abroad.
(-)10
ii. Compensation of employee.
800
iii. N I T
50
iv. S S contribution by employers.
80
v. consumption of fixed capital
30
vi. Rent.
300
vii. N F I A
10
Viii. Profit after tax
400
ix. Retained earning
20
x. Corporation tax
50
xi. Royalty
40
xii. national debt interest.
14
xiii.  Interest paid by production unit.
400




35. There are only  two producing sectors A and B in an economy. Calculate (a) Gross value added at market price by A and B  and National income. 
ITEMS
 (Rs. IN Crores)
1. NFIA
20
Sale by A
500
Sale by B
600
Indirect taxes by A and B
80
Depriciation by A and B
30
Export by A
45
Net Changes in stock of A
10
Net Changes in stock of B
(-) 10
Intermediate consumption of A
200
Intermediate consumption of B
300


36. Find ' National Income and ' Net National disposable Income' from the following data: -
        
ITEMS
 (Rs. IN Crores)
i. Export
210
ii. G F C expenditure
1,000
iii. PFC expenditure
3,000
iv. Net export
(-) 20
V. N F I A
(-) 10
Vi. Net domestic fixed capital formation
200
Vii. Change in stock
(-) 30
viii. N C T from R O W
30
ix. Interest on public debt.
15
x. Personal tax
25
Xi. Net indirect taxes
170
XII . Undistributed profit.
250



37. Find Gross National Product at market price and Net National Disposable income.
ITEMS
 (Rs. IN Crores)
i. Compensation of employee
4,000
ii. Rent
800
iii. Profit
1,500
iv. Undistributed profit
400
v. M I
1,800
Vi. Net export
- 30
Vii. Net domestic capital formation.
900
viii. Gross domestic capital formation
1,000
IX. Change in stock
50
x. Interest
900
xi. N I T
500
xii. NCT from ROW
60
xiii. N F I A
- 80




38. Calculate National Income from the following data by Income and Expenditure method.: -
     
ITEMS
 (Rs. IN Crores)
i. Interest
150
ii. Rent
250
iii. G F C E
600
iv. P F C E
1200
v. Profit
640
vi. C Employee
1000
vii. N F I A
30
Viii. N I T
60
IX. N C T from R O W
-40
X. C F C
50
xi. Net domestic capital formation.
340

39. Calculate (a) GNP at MP and Net National disposable income : -
 
ITEMS
 (Rs. IN Crores)
i. N C T from R O W
-10
ii.  C Employee
800
iii. G F C E  N I T
50
iv. P F C E , C F C
80
v. Profit, social security contribution.
30
vi. Rent 
300
vii. N F I A
10
Viii. Interest paid by production unit.
400
IX. Royalty
40
X. National debt interest.
14
xi. Profit after tax.
250
xii. Retained earning
20
xiii. Corpo


40. There are only two producing sectors A and B in an economy. Calculate (a) Gross value added at market price by A and B (b) National Income

ITEMS
 (Rs. IN Crores)
1. Net factor income from abroad.
20
2. Sale by firm A
500
3. Sale by firm B,
600
4. Indirect taxes by firm A and B
80
5. Depreciation by A and B
30
6. Export by  A
45
7. Net change in stock of A
10
8. Net change in stock of B
-10
9. Intermediate consumption by A
200
10. Intermediate consumption by B
300

41. Find National income and Net National Disposable income from the following data: -

ITEMS
 (Rs. IN Crores)
i.  Export
25
ii. G F C E
300
iii. N C T from R O W
-10
iv. Net domestic fixed capital formation
200
v. Net Factor income from abroad.
20
vi. Private final consumption expenditure
1000
vii. N I T
30
viii. Opening stock.
60
ix. Net export
30
 x. Closing stock.
50

42. Calculate gross domestic product at MP and Factor income from abroad: -
ITEMS
 (Rs. IN Crores)
i. Profit
500
ii. Export.
40
iii. Compensation of employee
1500
iv. Gross National product at factor cost.
2800
v. N C T from ROW
90
vi.  rent
300
vii. Interest
400
viii. Factor  Income from Abroad
120
ix. N I T
250
x. Net domestic capital formation.
650
xi. Gross fixed capital formation.
700
Xii. Change in stock.
50
43. Calculate gross domestic product at MP and Factor income from abroad: -

ITEMS
 (Rs. IN Crores)
i. Compensation of employee
1,000
ii. Net  Export.
-50
iii. Profit,
400
iv. Interest
250
v.    Rent             
150
vi. Gross National product at factor cost.
1850
vii. Gross  domestic capital formation.
220
viii. net fixed capital formation
150
ix. Change in stock.
20
x.  Factor  Income from Abroad
30
Xi.  N I T
100

44. From the following data calculate (a) Gross domestic product at MP and Factor income from abroad: -
ITEMS
 (Rs. in Crores)
i. Gross National product at factor cost.
6150
ii. Net  Export.
-50
iii. Compensation of employee
3000
iv.Rent ,   
800
v. Interest,          
900
vi. Profit,
1300
vii. N I T
300
viii. Net  domestic capital formation.
800
ix. Gross fixed capital formation
850
x.  Change in stock.
50
Xi.  dividend
300
xii. Factor  Income from Abroad
80

Ans. Rs. 6400 croes (b) Rs. 130 Croes.
45. Calculate ' Net domestic product at factor cost' by the expenditure method and Product method: -
ITEMS
 (Rs. in Crores)
i. Value of output in the economic territory
4100
ii. Net export.
-50
iii. Intermediate purchase by the primary sector.
600
iv. Private final consumption expenditure
1450
v. Intermediate purchase by the secondary sector
700
Vi. Government final consumption expenditure
400
vii. Net domestic capital formation
200
viii. Intermediate purchase by the territory sector.
700
ix. Net change in stock
-50
X. Indirect taxes
100
xi. Consumption of fixed capital.
50

46. Calculate' Gross National product at Market Price' by the production method and Income method.: -
ITEMS
 (Rs. in Crores)
i. Value of output of the primary sector
1000
ii. Indirect taxes
200
Iii Compensation of employee
780
iv. Net factor income from abroad.
100
v. Intermediate purchase by all the  sector
2900
Vi. Rent
300
vii. Value of output by secondary sector
2000
viii. Subsidies
50
ix. Interest
600
x. Consumption of fixed capital.
120
xi. Value of output of the secondary sector
3000
xii. Profit
320
xiii. Mixed income of self employed
830


Ans. 3000 crores.
47. Calculate' National income' by the expenditure method and Income method.: -
   
ITEMS
 (Rs. in Crores)
i. Net Indirect taxes
120
ii. Net factor income to  abroad.
10
Iii Wages salaries
320
iv. Rent
35
v. Wages and Salaries
40
Vi. Rent
15
vii. Private final consumption expenditure
500
viii. Interest
60
ix. Change in stock
-10
x. Social security contribution by employers
30
xi. Government final consumption expenditure.
100
xii. Profit
50
xiii. Net Export.
0

Ans. (a) rs.500 crores


48. Calculate (a) Net domestic product at factor at factor and (b) Private income from the following data : -
ITEMS
 (Rs. in Crores)
i. Domestic product accruing to govt. sector
300
ii. Wages and Salaries
1000
Iii Net current transfer to abroad.
- 20
iv. Rent
100
v. Interest paid by the production unit
130
Vi. National debt interest
30
vii. Corporation tax
50
viii. Current transfer by government.
40
ix. Contribution to social security scheme by employers
200
x. Dividends
100
xi. Undistributed profit
20
xii. Net factor income to  abroad.
0

Ans. (a) Rs. 1600 crores    (b) Rs. 1390 Crores.


49. Calculate (a) Net National product at MP and Private income  from the following data : -
ITEMS
 (Rs. in Crores)
i. N C T to abroad.
30
ii. M I
600
iii. Subsidies
20
iv. Operating surplus
200
v. National debt interest.
70
vi. Net factor income to abroad.
10
vii. Compensation of employee.
1400
viii. Indirect taxes
100
ix. Domestic product accruing to government.
350
x. Current transfers by government.
50

Ans. (a) rs.2270  crores    (b) Rs. 1930 Crores.


50. Calculate (a) Gross National Product at MP and (b) Personal  Disposable income from the following data.
ITEMS
 (Rs. in Crores)
i. Net factor income to abroad.
10
ii. Private income
1700
iii.Operating surplus.
300
iv. Corporation tax
150
v. Undistributed profit.
30
vi. M I
500
vii. C F C
100
viii. Personal Taxes
200
ix. Compensation of employee.
1200
x. N I T
250

Ans. (a) rs.2340 crores    (b) Rs. 1320 Crores.

51. Calculate (a) Gross National Product at market price and (b) Net National disposable income from the following data : -
ITEMS
 (Rs. in Crores)
i. Private  final consumption expenditure
3000
ii. Net factor income to abroad.
100
iii. Govt. final consumption expenditure.
800
iv. Net Export
-200
v. Net current transfer from R O W
300
vi. Gross domestic fixed capital formation
600
vii. Change in stock.
-20
viii.  N I T
400
ix. Net factor income from abroad.
50
x. Net domestic capital formation.
500

Ans. (a) Rs. 4080 crores (b) Rs. 4300 Crores.
52. Calculate net domestic product at Factor cost and Gross National disposable income from the following data:

ITEMS
 (Rs. in Crores)
i. Net import
20
ii. Net factor income to abroad.
10
iii. Gross domestic fixed capital formation
100
iv. Change in stock.
-10
v. Private  final consumption expenditure,
500
vi. N F I  TO  ABROAD.
-5
vii. N I T
40
viii.  Govt. final consumption expenditure
70
ix. Net domestic fixed capital formation
60
x. Export
50

53.Find out (a) Gross National product at market price and (b) Net current transfers to abroad.
ITEMS
 (Rs. in Crores)
i. Private final consumption expenditure
1000
ii. Depreciation
100
iii. Net national disposable income
1500
iv. Compensation of employee. 
20
v. Government final consumption expenditure
300
vi. N I T
50
vii.  Opening stock
20
viii. net domestic capital formation
110
ix. Net export
15
x. Net factor income to abroad.
-10

54. National income and Net national disposable income from the following data : -
ITEMS
 (Rs. in Crores)
i. Net imports
- 10
ii. Net domestic fixed capital formation
100
iii. Private  final consumption expenditure,
600
iv. C F C  
60
v. Change in stock
- 50
vi. Government final consumption expenditure  
200
vii. Net factor income to abroad.
20
viii.  Net current transfer to abroad.
30
ix. N I T
70
x.  factor income from  abroad.
10

55. Net National product at market price and Gross National disposable income fromthe following data : -
ITEMS
 (Rs. in Crores)
i. Undistributed profit
20
ii. Compensation of employee
800
iii. REnt
300
iv. Dividend 
100
v. Royalty
40
vi. Net current transfer to abroad.
 - 30
vii. Corporation tax,
50
viii.  Interest
400
ix.Depriciation
70
x.  factor income from  abroad.
10
xi. Net indirect taxes
60



56. From the following data calculate Gross National Product at factor cost by (a) Income method and (b) Expenditure method.

ITEMS
 (Rs. in Crores)
i. Government final consumption expenditure 
200
ii. Private final consumption expenditure
400
iii. Profit
160
iv.Net indirect taxes
60
v. Rent
70
vi.Interest
50
vii. Compensation of employee
300
viii.  Export
65
ix.Import
95
x.  Gross domestic capital formation
80
xi. Consumption of fixed capital
10
xi. Net factor income from abroad
50


57. Calculate National income by Income method and Expenditure method.

ITEMS
 (Rs. in Crores)
i. Profit,
200
ii. Private final consumption expenditure,
440
iii. Government final consumption expenditure,
250
iv., Compensation of employee,
350
v. Gross domestic capital formation,
90
vi. Consumption of fixed capital,
20
vii. Net export
- 20
viii.  Interest,
60
ix. Rent,
70
x.  Net factor income from abroad,
50
xi. Net indirect taxes,
60



(a) Rs. 630 Crores (b) Rs. 630 Crores.





58. Calculate National income by Income method and Expenditure method : -
 

ITEMS
 (Rs. in Crores)
i. Government final consumption expenditure,
2000
ii. Net domestic capital formation
600
iii. Consumption of fixed capital
70
iv., Net export
60
v. Net indirect taxes,
200
vi. Private final consumption expenditure,
4000
vii. Net factor income to abroad.
60
viii.  Compensation of employee,
3660
ix. Profit,
1500
x. Rent,
500
xi. Interest,
800
xii. divident
300

(a) Rs. 6400 Crores (b) Rs. 6400 Crores.


51. Calculate (a) Gross National Product at market Price and Net National Disposable income from the following : -
ITEMS
 (Rs. in Crores)
i. Govt. final consumption expenditure.
200
ii. Private  final consumption expenditure
400
iii. Profit
160
iv. N I T,
60
v. Undistributed profit.
70
vi. Interest
50
vii. Compensation of employee. 
300
viii. Export
65
ix. Import
95
x. Gross domestic capital formation.
80
xi. C F C
10
XII. Net factor income to abroad.
50

(a) Rs. 450 Crores (b) Rs. 450 Crores.

52. Calculate National Income by Income method and Expenditure method.
ITEMS
 (Rs. in Crores)
i. Profit
200
ii. Private  final consumption expenditure
440
iii. Govt. final consumption expenditure.
250
iv. Compensation of employee. 
350
v. Gross domestic capital formation.
90
vi. Interest  ,
20
vii.  Net Export
-20
viii. Interest
60
ix. Rent
70
x. Net factor income to abroad.
50
xi. N I T,
60

Ans. ; (a) Rs. 630 Crores
(b) Rs. 630 Crores.


60 comments:

  1. In Q: 10 net current transfer will be added twice

    ReplyDelete
  2. Thank you Sir! This has been of great help!

    ReplyDelete
    Replies
    1. Can these questiona be downloaded in any case

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  3. sir we need solutions too... i have my eco exam on monday...our pre-boards are going on...me and my friends are doing group studies...can you plz provide us solutions for these questions...

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  4. This comment has been removed by the author.

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  5. This comment has been removed by the author.

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  6. hello sir,
    i am a student of masters in economics.
    can i get some useful notes for my betterment.

    ReplyDelete
  7. thank you these sums helped me a lot with my hw thanks once again

    ReplyDelete
  8. Thanx a lot I am having test of economic. This would be a great help ...... thank you ☺☺☺☺

    ReplyDelete
  9. Any one know the ans of 35th que ?

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  10. Is solution for que.13 correct at 160?

    ReplyDelete
  11. In Q.52 ...the answer is wrong.
    It should be Rs.300 in crores...

    ReplyDelete
  12. Is C F C consumption of fixed capital?
    in Q 52,

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  13. Can I have solution of question 13??
    My answer is coming as 75 lakhs!!

    ReplyDelete
  14. sir solutions nhi hai kya in questions k ap k pass

    ReplyDelete
  15. Answer for 6th is 75. Unnecessarily subtracting 20 for Indirect Taxes.

    ReplyDelete
  16. answer for 5 is 80 .....how is it possible

    ReplyDelete
    Replies
    1. maybe focus on your studies more coz I got the correct answer :)

      Delete
  17. Anyone knows the sokution of 8 9 10 questions

    ReplyDelete
  18. Last question answer is wrong.. its 650

    ReplyDelete
  19. Q 44 xiino item must be factor income to abroad

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  20. This comment has been removed by a blog administrator.

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  21. sir i thought last answer is not correct

    ReplyDelete
  22. ques 58 ans coming is 6,500 and 6,520. are you sure the given answer is correct

    ReplyDelete
  23. Aadhe se jada to answer glt h is me kya krlo kya na krlo dhek k he kr liya jaro kaam bacho ka future bekar krna kya sharam he ni aari bilkul he..

    ReplyDelete
  24. in Q13 my answer comes 65 is it right?

    ReplyDelete
  25. What is the answer of question 32

    ReplyDelete
  26. Excellent post! Thanks for sharing the formula.

    Also read: Research Paper Writing Help

    ReplyDelete
  27. Question 6.....the given solution is wrong...it should be 75

    ReplyDelete
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