CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics: Questions 184 - 185 of 523

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Question number: 184

» National Income and Related Aggregates » Gross National Product

Appeared in Year: 2010

Essay Question▾

Describe in Detail

Calculate Net National Product at Factor Cost and Gross National Disposable Income from the following

Calculate Net National Product at Factor Cost and Gross National Disposable Income

Calculate Net National Product at Factor Cost and Gross National Disposable Income in detail.

-

( Rs. in crore)

Saving of non-departmental enterprises

50

Income from property and entrepreneurship accruing

to the government administrative departments

70

Personal tax

90

National debt interest

20

Retained earnings of private corporate sector

10

Current transfer payments by government

40

Consumption of fixed capital

60

Corporation tax

30

Net indirect-tax

80

Net current transfers from rest of the world

(-) 10

Personal disposable income

1000

Explanation

ncome accruing to private sector = Personal disposable income + Personal tax + Retained earnings of private corporate sector + Corporation tax + National debt interest + Current transfer payments by government + Net current transfers from rest of the world

= 1000 + 90 + 10 + 30 -

… (79 more words) …

Question number: 185

» National Income and Related Aggregates » Gross and Net Domestic Product

Appeared in Year: 2011

Essay Question▾

Describe in Detail

Calculate National Income and Gross National Disposable Income from the following:

Calculate National Income and Gross National Disposable Income

Calculate Net National Product at Factor Cost and Gross National Disposable Income in detail.

( Rs. Crore)

Net current transfers to the rest of the world

(-) 5

Private final consumption expenditure

500

Consumption of fixed capital

20

Net factor income to abroad

(-) 10

Government final consumption expenditure

200

Net indirect tax

100

Net domestic fixed capital formation

120

Net imports

30

Change in stocks

(-) 20

Explanation

National Income (NNP) = Private Final Consumption Expenditure + Government Final Consumption Expenditure + (Net Domestic Fixed Capital Formation + Change in Stock) − Net Imports − Net Indirect Taxes − Net Factor Income to Abroad − Consumption of Fixed Capital

500 + 200 + 120 + (−20) − 30

… (43 more words) …

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