Calculate 'National Income' and Net National Disposable Income ** from the following: ( ₹ in Arab) (i) Net change in stocks 50 (ii) Government final consumption expenditure 100 (iii) Net current transfers to abroad 30 (iv) Gross domestic fixed capital formation 200 (v) Private final consumption expenditure 500 (vi) Net imports 40 (vii) Depreciation 70 (viii) Net factor income to abroad (-)10 (ix) Net indirect tax 120 (x) Net capital transfers to abroad 25

CBSE 2014 Class 12 Economics Outside Delhi Set-2 - Question 4

CBSE 2014 Class 12 Economics Outside Delhi Set-2

Question : 4 of 4

Marks: +1, -0

Calculate 'National Income' and Net National Disposable Income ** from the following: (

₹

in Arab)

(i) Net change in stocks	50
(ii) Government final consumption expenditure	100
(iii) Net current transfers to abroad	30
(iv) Gross domestic fixed capital formation	200
(v) Private final consumption expenditure	500
(vi) Net imports	40
(vii) Depreciation	70
(viii) Net factor income to abroad	(-)10
(ix) Net indirect tax	120
(x) Net capital transfers to abroad	25

Solution:

NNP

_{F C}=

Private final consumption expenditure+ Government final consumption expenditure+ Gross domestic fixed capital formation + Net change in stocks - Net imports - Depreciation - Net indirect tax - Net factor income to abroad

=500+100+200+50-40-70

-120-(-10)

=\₹ 630

Arab

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