Calculate (a) net domestic product at factor cost and (b) gross national disposable income : S.No. Particular Amount ₹ in crore (i) Private final Consumption Expenditure 8000 (ii) Government final Consumption Expenditure 1000 (iii) Exports 70 (iv) Imports 120 (v) Consumption of fixed capital 60 (vi) Gross domestic fixed capital formation 500 (vii) Change in stock 100 (viii) Factor income to abroad 40 (ix) Factor income from abroad 90 (x) Indirect taxes 700 (xi) Subsidies 50 (xii) Net current transfer to abroad (-)30

CBSE 2017 Class 12 Economics Delhi Set-1 - Question 17

Question : 17 of 18

Marks: +1, -0

Calculate (a) net domestic product at factor cost and (b) gross national disposable income :

S.No.	Particular	Amount ₹ in crore
(i)	Private final Consumption Expenditure	8000
(ii)	Government final Consumption Expenditure	1000
(iii)	Exports	70
(iv)	Imports	120
(v)	Consumption of fixed capital	60
(vi)	Gross domestic fixed capital formation	500
(vii)	Change in stock	100
(viii)	Factor income to abroad	40
(ix)	Factor income from abroad	90
(x)	Indirect taxes	700
(xi)	Subsidies	50
(xii)	Net current transfer to abroad	(-)30

Solution:

(a)

{\NDPf}_{ {\C}}=( {\i})+( {\ii})+( {\vi}+ {\vii})

+( {\iii}- {\iv})-( {\v}) ( {\x})+( {\xi})

\;=8000+1000+(500+100)

+(70-120)-60

\;=9000+600+(-50)-60-650

\;=9600-50-710

\;=9600-760

\;=8840 \;\text " Crores "\;

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