Given the following data, find the missing value of Government Final Consumption Expenditure' and Mixed Income of Self Employed'. S.No. Particulars Amount (in ₹ crores) (i) National Income 71,000 (ii) Gross Domestic Capital Formation 10,000 (iii) Government Final Consumption Expenditure ? (iv) Mixed Income of Self- Employed ? (v ) Net Factor Income from Abroad 1,000 (vi) Net Indirect Taxes 2,000 (vii) Profits 1,200 (viii) Wages and Salaries 15,000 (ix) Net Exports 5,000 (x) Private Final Consumption Expenditure 40,000 (xi) Consumption of Fixed Capital 3,000 (xii) Operating Surplus 30,000

CBSE 2019 Class 12 Economics Delhi Set 1 - Question 19

Question : 19 of 19

Marks: +1, -0

Given the following data, find the missing value of Government Final Consumption Expenditure' and Mixed Income of Self Employed'.

S.No.	Particulars	Amount (in ₹ crores)
(i)	National Income	71,000
(ii)	Gross Domestic Capital Formation	10,000
(iii)	Government Final Consumption Expenditure	?
(iv)	Mixed Income of Self- Employed	?
(v )	Net Factor Income from Abroad	1,000
(vi)	Net Indirect Taxes	2,000
(vii)	Profits	1,200
(viii)	Wages and Salaries	15,000
(ix)	Net Exports	5,000
(x)	Private Final Consumption Expenditure	40,000
(xi)	Consumption of Fixed Capital	3,000
(xii)	Operating Surplus	30,000

Solution:

Mixed income of self employed

=( {\i})-[(\;\text " viii "\;)+ \;(\;\text " xii "\;)+( {\v})]

\;=71,000-[15,000+30,000+1000]

\;=\₹ 25,000 \;\text " crores "\;

Government final consumption expenditure

\;=( {\i})-[( {\x})+( {\ii})+( {\v})+( {\ix})]+( {\vi})+( {\xi})

\;=71,000-(40,000+10,000

+1000+5000)+2,000

\;+3000

\;=\₹ 20,000 \;\text " crores. "\;

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