Calculate national income from the following data: ITEMS (RS. In Crore) Net Exports -300 Compensation of employees 6000 Rent 400 Dividend 200 Depreciation 300 Change in stock 50 Profits 800 Net factor income to abroad (-)80 Net Indirect taxes 600 Interest 500
Dear Student,
Income Method is used for calculating NNPFC (National Income) -
= Compensation of Employees + Operating Surplus i.e. sum of Rent, Profit & Interest + Mixed Income of self employed - Net Factor Income to Abroad
= 6000 + ( 400 + 800 + 500 ) + 0 - (-80)
= 6000 + 1700 + 80
= INR 7780 Crore
Regards.
Income Method is used for calculating NNPFC (National Income) -
= Compensation of Employees + Operating Surplus i.e. sum of Rent, Profit & Interest + Mixed Income of self employed - Net Factor Income to Abroad
= 6000 + ( 400 + 800 + 500 ) + 0 - (-80)
= 6000 + 1700 + 80
= INR 7780 Crore
Regards.