Calculate National Income by income and expenditure methods.
S.No. Items ` Rs.(in crores)
(i) Rent 1,500
(ii) Net factor income from abroad 50
(iii) Wages and salaries 25,000
(iv) Indirect tax 1,000
(v) Government final consumption expenditure 11,200
(vi) Subsidies 300
(vii) Royalty 200
(viii) Net exports (–) 200
(ix) Interest 6,400
(x) Corporate tax 200
(xi) Profit after tax 4,000
(xii) Households final consumption expenditure 26,000
(xiii) Change in stock 100
(xiv) Net domestic fixed capital formation 600
(xv) Final consumption expenditure of private non-profit institutions serving households 300?
experts pls help meout........?
Dear Student
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Income Method | ||
---|---|---|
Wages & Salaries | 25000 | |
Add: | Rent | 1500 |
Add: | Interest | 6400 |
Add: | Royalty | 200 |
Add: | Corporate Tax | 200 |
Add: | Profit | 4000 |
Add: | NDPfc | 37300 |
Add: | NFIA | 50 |
NATIONAL INCOME | 37350 |
Expenditure Method | ||
---|---|---|
Final consumption expenditure of private | 300 | |
Add: | Household Expenditure | 26000 |
Add: | Government Final Consumption Exp | 11200 |
Add: | Net Domestic Fixed Capital Formation | 600 |
Add: | Change in Stock | 100 |
Add: | Net Exports | -200 |
Less: | Net Indirect Tax (1000-300) | -700 |
Add: | NFIA | 50 |
NATIONAL INCOME | 37350 |
Regards