National Income and Related Aggregates [CBSE (Central Board of Secondary Education) Class-12 Economics]: Questions 15 - 18 of 68

Choose Programs:

🎯 508 Long Answer, 14 MCQs (& PYQs) with Full Explanations (2024-2025 Exam)

Rs. 900.00 -OR-

3 Year Validity (Multiple Devices)

CoverageDetailsSample Explanation

Help me Choose & Register (Watch Video) Already Subscribed?

Question 15

Write in Short Short Answer▾

Explain the effect of depreciation of domestic currency on exports.

Edit

Question 16

Describe in Detail Subjective▾

Calculate Gross National Disposable Income and Personal Income from the given data:

It Shows Particulars with Its Amount
No.Particulars(Rs crores)
1Personal tax120
2Net indirect tax100
3Corporation tax90
4National income1000
5Net factor income from abroad5
6Consumption of fixed capital50
7National debt interest70
8Retained earnings of private corporate sector40
9Net current transfers to the rest of the world-20
10Current transfers from government30
11Share of government in national income80
Edit

Explanation

GNDI = 4 + 2 + 6 – 9

= 1000 + 100 + 50 – (-20)

= Rs 1170 crores

Personal Income = (4 –…

… (13 more words) …

Question 17

Write in Short Short Answer▾

Why are exports included in the estimation of domestic product by the expenditure method? Can gross domestic product be greater than gross national product? Explain.

Edit

Question 18

Write in Short Short Answer▾

Calculate Gross National Product at Market Price and Personal Disposable Income from the following data

Various Data and Their Amount in ₹ is Given for Calculation
No.particularsAmount
1Subsidy20
2Net factor income from abroad(–) 60
3Gross national disposable income1050
4Personal Tax110
5Savings of private corporations40
6National income900
7Indirect tax100
8Corporation tax90
9Net national disposable income1000
10National debt interest30
11Net current transfers from abroad20
12Current transfers from government50
13Miscellaneous receipts of the government administrative

departments

30
14Private income700
Edit