Question

Calculate the national income from the following data:
(i) Mixed income of self-empolyed 200
(ii) Old age pension 20
(iii) Dividends 100
(iv) Operating surplus 900
(v) Wages and salaries 500
(vi) profits 400
(vii) Employers contribution to social secrity schemes 50
(viii) Net factor income from abroad (-)10
(ix) Consumption of fixed capital 50
(x) Net indirect tax 50

Answer 1

N.I.=(v+vii)+iv+i+viii
`=(500+50)+900+200+(-10)`
`=550+900-200+(-10)`
=rs 1640 crore.