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.