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in Economics by (60.8k points)

Calculate National Income :

(Content) (Rs. in crore)
(i) Net current transfer from rest of the word
(ii) Private final consumption expenditure
(iii) Net domestic capital formation
(iv) Change in stock
(v) Depreciation
(vi) Government final consumption expenditure
(vii) Net exports
(viii) Net indirect taxes
(ix) Net factor income paid to abroad

1 Answer

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Best answer

NI = (ii) + (vi) + (iii) + (vii) - (ix) - (viii)

= Private final consumption expenditure + Govt final consumption expenditure + Net domestic capital formation + Net exports - [Net factor income paid to abroad + Net indirect taxes]

= 400 + 200 + 100 + 40 - [10 + 80]

= 740 - 90

National income = Rs. 650 crore.

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