National Income and Related Aggregates-Private Income (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 1 - 3 of 3

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 523 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 900.00 or

Question number: 1

» National Income and Related Aggregates » Private Income

Appeared in Year: 2006

Essay Question▾

Describe in Detail

From the following data calculate:

a. Private income, and b. Personal disposable income

calculate Private income and Personal disposable income

calculate Private income and Personal disposable income details.

( Rs. in lakhs)

Income from domestic product accruing to the private sector

4000

Savings of non-departmental public enterprises

200

Current transfers from government administrative departments

150

Savings of private corporate sector

400

Current transfers from rest of the world

50

Net factor income from abroad

(-40)

Corporation tax

60

Direct personal taxes

140

Explanation

(A) Private income = Income from domestic product accruing to the private sector + Current transfers from government administrative departments + Current transfers from rest of the world + Net factor income from abroad

= 4000 + 150 + 50 + (-40)

= Rs. 4160 lakhs

(B) Personal disposable income

… (28 more words) …

Question number: 2

» National Income and Related Aggregates » Private Income

Essay Question▾

Describe in Detail

Calculate ’ Net National product at Market price’ and ‘private income’ from the following data:

Calculate Net National product at Market price and private income

Calculate Net National product at Market price and private income in detail

-

rs In crore

Net factor income from abroad

(-) 5

Private final consumption expenditure

100

Personal tax

20

Gross national disposable income

170

Government final consumption expenditure

20

Corporation tax

15

Gross domestic capital formation

30

Personal disposable income

70

Saving of private corporate sector

(-) 10

Net exports

5

Net national disposable income

145

Explanation

Net National product at Market Price = Private final consumption expenditure + Gross domestic capital formation +

Personal tax + Net exports - Gross national disposable income - Net national disposable income + Net factor income from abroad

= 100 + 30 + 20 - 10 + 170 - 145

… (37 more words) …

Question number: 3

» National Income and Related Aggregates » Private Income

Short Answer Question▾

Write in Short

Calculate ‘private income’ from the following data:

Calculate private income

In this given table in deatail.

-

( Rs. crores)

National debt interest

30

Gross national product at market price

400

Current transfers from government

20

Net indirect taxes

40

Net current transfers from the rest of the world

(-) 10

Net domestic product at factor cost accruing to government

50

Consumption of fixed capital

70

f Page
Sign In