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Subject: Economics, asked on 31/10/17

Let firm A produce goods worth ₹500 and its intermediate cost (IC) be ₹200 and these goods are sold to firm B
Then let Firm B sell these goods to Firm C for ₹500 and Firm C sells these goods for ₹1000 to the final consumer
So as per value added method National income should be (500-200) + (700-500) + (1000-700) = 800
But as per Expenditure Method it should be ₹1000 as the final consumption expenditure is worth ₹1000
So why is difference in finding the answer using different methods????

Subject: Economics, asked on 30/10/17

Why is interest paid by one firm to another not included in national income under the income method????

Subject: Economics, asked on 18/10/17

Suppose A and B are travelling on an Air India flight from Japan to Russia. On board a fight takes place and one of them dies
Now in this case the law of which country will be applicable???
Since the incident happened on board and Air India is a part of domestic territory of India Shouldnt the Indian Law be applicable????

Subject: Economics, asked on 13/10/17

If a US embassy official is working in India for US embassy for a period of more than one year will he be normal resident of India????

If a US student comes to study in India for a period of more than one year will he be considered as normal resident of India???

Subject: Economics, asked on 8/10/17

I am sending this question 7th time so please answer me whether you know it or not.:

Q. Calculate Net Domestic Product at market price by using Income and Expenditure method
 
Iteam Rs in Crores
Wege and salary in cas 1200
Rent 150
Interest 200
Employee's contribution to Social Security Schemes 100
Employee's contribution to Social Security Schemes 150
Private final consumption expenditure 800
Net Exports 50
Operating Surplus 600
Income from abroad 100
Net domestic fixed capital formation 500
Goverment final consumption expenditure 600
Income to broad 50
Net indirect taxes 100
Value of output 2000
Change in stock 100
Consumption of fixed capital 50

K
Subject: Economics, asked on 19/9/17

Q29. Calculate National Income :
                Items                                                                      (₹ in Cr)
(1) Mixed Income of the self-Employed                                                  200
(2) Dividends                                                                                       100
(3) Operating Surplus                                                                        900
(4) Wages and Salaries                                                                      500
(5) Profit                                                                                            400
(6) Employer's contribution to social 
Security Schemes                                                                                50
(7) Net factor income from abroad                                                     -10
(8) Consumption of  fixed capital                                                       50
Q30. Calculate Net National Product at Market Price and Private income
              Items                                                                                   (₹ in Cr)

Net Current Transfers to abroad                                                          10
Private final consumption expenditure                                                500
Current transfers from government                                                     30
Net factor income to abroad                                                                20
Net exports                                                                                          -20
Net Indirect Tax                                                                                   120
National Debt Interest                                                                          70
Net domestic capital formation                                                            80
Income accuring to government                                                          60
Government final consumption expenditure                                        100

Subject: Economics, asked on 18/9/17

Dear Experts , Please Help in Solving Question No.4

Subject: Economics, asked on 18/9/17

Dear Experts , What will be the answer To Ques No.2
Q.2. Distinguish between National Income at current prices  and National Income at constant prices.

Subject: Economics, asked on 18/9/17

Q.7. From the following data calculate National Income by using (a) Income method and (b) Expenditure method.

Subject: Economics, asked on 18/9/17

Q.5. Find net value added at Factor Cost.

Subject: Economics, asked on 17/9/17

URGENT: Are expenses incurred a stock or flow?

Subject: Economics, asked on 17/9/17

Why Net Increase in Stock is added while calculating national Income By Expenditure Method ?

Subject: Economics, asked on 7/9/17

Q. Treatment of following in case of calculation of National Income by-
a) Value Added Method
b) Income Method
c) Expenditure Method
EXPLAIN the reasons for the treatment as well.
1. Purchase of Fixed Assets
2. Purchase of machinery for own use
3. Durable use producer goods with the life span of 10 years
4. Indirect expenses like electricity, power charges
5. Replacement of fixed capital
6. Sale of fixed assets

Subject: Economics, asked on 3/9/17

in value added method we will not add services for self consumption but will add portion of goods produced retained for self consumotion

Subject: Economics, asked on 2/9/17

Can we find NDPfc from GDPmp

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