Calculate national income: (i) Net current transfer from rest of the world 30

Question

Calculate national income:	( in Crores)
(i) Net current transfer from rest of the world	30
(ii) Private final consumption expenditure	400
(iii) Net domestic capital formation	100
(iv) Change in stock	50
(v) Depreciation	20
(vi) Government final consumption expenditure	200
(vii) Net exports	40
(viii) Net indirect taxes	80
(ix) Net factor income paid to abroad	10

Answer 1

NNPfc = ii + vi + (iii + v) + vii –v – viii – ix 

= 400 + 200 + 100 + 20 + 40 – 20 – 80 -10

NNPfc = 650.