Given the following data, find the missing value of 'Private Final Consumption Expenditure and 'Operating Surplus'. S.No. Particulars Amount (in ₹ crores) (i) National Income 50,000 (ii) Gross Domestic Capital Formation 17,000 (iii) Government Final Consumption Expenditure 12,500 (iv) Mixed Income of Self- Employed 13,000 (v ) Net Factor Income from Abroad 500 (vi) Net Indirect Taxes 1,000 (vii) Profits 1,000 (viii) Wages and Salaries 20,000 (ix) Net Exports 2,000 (x) Private Final Consumption Expenditure ? (xi) Consumption of Fixed Capital 700 (xii) Operating Surplus ?

CBSE 2019 Class 12 Economics Delhi Set 2 - Question 3

Question : 3 of 3

Marks: +1, -0

Given the following data, find the missing value of 'Private Final Consumption Expenditure and 'Operating Surplus'.

S.No.	Particulars	Amount (in ₹ crores)
(i)	National Income	50,000
(ii)	Gross Domestic Capital Formation	17,000
(iii)	Government Final Consumption Expenditure	12,500
(iv)	Mixed Income of Self- Employed	13,000
(v )	Net Factor Income from Abroad	500
(vi)	Net Indirect Taxes	1,000
(vii)	Profits	1,000
(viii)	Wages and Salaries	20,000
(ix)	Net Exports	2,000
(x)	Private Final Consumption Expenditure	?
(xi)	Consumption of Fixed Capital	700
(xii)	Operating Surplus	?

Solution:

Operating surplus

=( {\i})-[( {\vii})+( {\ix})+( {\xi})]

=50,000-(20,000+13,000+500)

=₹ {1 6 , 5 0 0} \;\text " crores. "

Private final consumption expenditure

=

(\i) -\; [(\;\text " iv "\;)+(\;\text " vi "\;)+(\;\text " xi "\;)+(\;\text " xii "\;)]

+(\;\text " viii "\;)+(\;\text " ii "\;)

\;=50,000-(17,000+12500

+2000+500)

\;=\₹ {1 9}, {7 0 0} \;\text " crores "\;

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