Plz solve the question........

Plz solve the question........ Find national income and private income (ii) (iii) (iv) (v) (vii) (viii) (ix) (x) (xi) Wages and salaries Net current transfers to abroad Net factor income paid to abroad Profit National debt interest Social security contributions by employers Current transfers from government National income accruing to government Rent Interest Royalty (Rs. crores) 1000 20 10 120 100 60 150 200 300

Dear Student,
National Income
NDPfc = Compensation of employee + Operating surplus + Mixed Income
          = (1000 + 100) + (400 + 200 + 300 + 50) + 0
          = 1100 + 950
          = Rs. 2050 cr.

NNPfc = NDPfc + Net income from abroad
          = 2050 + (-10)
          = Rs. 2040 cr.
Notes:
1. Compensation of employee = Wages & salaries + social security contribution by employees
2. Operating surplus = Rent + profit + interest + Roylty
Regards,

View Full Answer