Natonal ncomes 3 00 r r s

32. From the following data, calculate "national income" by (a) income method and (b)
expenditure
method:
CBSE. All India 2009)
Particulars
in crores
(i) Interest 150
(i) Rent 250
(ii) Government final consumption expenditure 600
(v) Private final consumption expenditure 1200
(v) Profits 640
(vi) Compensation of employees 1000
(vii) Net factor income to abroad - 30

(vii) Net indirect taxes 60

(ix) Net exports (-)40
(x)Consumption offixed capital 50
(xi) Net domestic capital formation 340
(a) 2,010 crores: (b)2 010 crores
33. Calculate National Income by Income and Expenditure method.
Particulars in crores
() Compensation of employees 600
(i) Government final consumption expenditure 550
i) Net factor income from abroad 10
(iv) Net exports -15
(V) Profit 400
(vi) Net indirect tax 60
(vii) Mixed income of self employed 350
(vil) Rent 200
(ix) Interest 310
(x) Private final consumption expenditure 1,000
(xi) Net domestic capital formation 385

(xii) Consumption offixed capital 65

National income = 1.850 crores
4.102

34. Calculate National Income by income method and expenditure method.

in crores
Particulars 100
() Government final consumption expenditure
920
(ii) Interest, rent and profits
620
(il) Gross Capital formatjon
(10
(v) Net 6xports
100
() Change in stock
(10
(vi) Net Factor income from abroad 20
(vi) Subsidies
800
(vii) Private Final Consumption expenditure
120
(ix) Indirect tax
60
(x) Consumption of fixed Capital
60
(xi) Mixed income of the self employed
370
of employees
(xii) Compensation National Income - 1,34
method.
.
35. Calculate National Income by lncome and Expenditure
Tin crores
Particulars
7,351
Government final consumption expenditure
(i) 8,834
(i) Indirect tax 13,248
formation
(ii) Gross fixed capital
28,267
(iv) Mixed income of the self employed
1,120
v) Subsidies
3,170
(vi) Change in stock
9,637
(vi) Rent, interest and profits
4,046
(vii) Consumption of fixed capital
51,177
(ix) Private Final Consumption expenditure
5,674
(x) Imports of goods and services
4,812
(xi) Exports of goods and services
(255
(xi) Net factor income from abroad
(xii) Compensation of employees 24,420
National Income = F62,069

36. Calculate National Income by Income and Expenditure method.

Particulars in crores
() Rent 1,500
Net factor income from abroad 50
(ii)
(i) Wages and salaries 25,000
(iv) Indirect tax 1,000
() Government final consumption expenditure 11,200
300
(vi) Subsidies
 Measurement of National Income 4.103

(vii) Royalty 200

(vii) Net exports (200
(ix) Intereest 6,400
(x) Corporate tax 200
(xi) Profit after tax 4,000
(xii) Households final consumption expenditure 26,000
(xii) Change in stock 100
(xiv) eapital formation
Net domestic fixed 600

(v) Final consumption expenditure of private non-profit institutions 300

serving households
National Irucorme= 37S? crores

37. Calculate National Income by Income and expenditure method

Particulars in crores
(i) Government final consumption expenditure 50
(n) Rent 150
(ii) Opening stock 20

(iv) Interest 80
(v) Profit 70
(vi) Private final consumption expenditure 480
(vii) Gross fixed capital formation 90

(vii) Closing stock 35

(ix) Net exports )5
(x)Netindirect taxes 60
(xi) Compensation of employees 200

(xii) Consumption of fixed capital 20

(xii) Mixed income of self employed 50
(xiv) Net factor income from abroad 20

National income 370 rores

38. Calculate National Income by Income and Expenditure method.

Particulars in crores
() Opening stock 50

(i) Profit 60

(i) Closing stock 10

(iv) Interest 500

(V) Consumption of fixed capital 20

(vi) Private final consumption expenditure 460

4.104 niroductory Macroeconomics
(vil) Mixed income
100
(vii) Net exports
10
(ix) Net factor income from abroad
5
(x)Compensation of employees 300
(xi) Net capital formation 500
(xii) Net indirect taxes 20
(xii) Government final consumption expenditure 100

(xiv) Rent 70

National Income =1.025 Crores

39. Calculate NNP at FC by Income and Expenditure method.

Particulars in crores
() Mixed income of self employed 100
(i) Gross fixed capital formation 300

(Gii) Private final consumption expenditure 900

(iv) Net exports 50
(Subsidies 50
(vi) Government final consumption expenditure 150

(vil) Rent 60

(vii) Indirect taxes 250

(ix) Interest 200
(x) Change in stocks 50
(xi) Compensation of employees 400

(xii) Profit 340

(xii) Consumption of fixed capital 50
Net factor income from abroad 50
(xiv)
NNPat FC = F1,150 crores

40. Calculate GNP at MP by Income and Expenditure method.

Particulars Rin crores

) Net exports 15

Private final consumption expenditure 600

(i)
30
(ii) Consumption of fixed capital
(iv) Operating surplus 190
105
() Net indirect taxes
(vi) Net factor income from abroad (H5
(vi) Wages and Salaries 520
(vii) Rent 60
 Measurement of National income 4.105

to social security schemes

(ix) Employers' contribution 100
expenditure
(x)Government final consumption 200

(xi) Net capital formation 100

41. Calculate GNP at MP by Income and Expenditure method.

Particulars in croresS
(i) Net capital formation 200
(i) Private final consumption expenditure 1,000
(i) Operating surplus 360
(iv) Wages and Salaries 900

(v) Employers' contribution to social security schemes 50

(vi) Rent 100
(vii) Government final consumption expenditure 300
(vii) Consumption of fixed capital 50
(ix) Net indirect taxes 200
()Netfactor income from abroad 10
(xi) Net exports 10
GNPat MP 71,550 crores
42. Calculate gross national product at factor cost from the following data by (a) income method and
(b) expenditure method. CBSE, Delhi 2002)
Particulars in crores
() Wages and salaries 800
(i) Mixed income of self-employed 160
(i) Operating surplus 600
(iv) Undistributed profits 150
() Gross capital formation 330
(vi) Change in stocks 25
(vii) Net capital formation 300
(vii) Employers' contribution to social security schemes 100
(ix) Net factor income from abroad 20
() Exports 30
(xi) Imports 30
(xi) Private final consumption expenditure 1,000
4.106 introductory Macrocconomics
(X) 450
Government final consumption expenditure
(xiv) Net indirect taxes 60
75
(xw Compensation of employees paid by the Government
COnsumption of Fixed Capital is calculated as the difference between (v) and (vii) item.
Gross Nationa! Pioduct at Factor o s ' = 1 5 7 crores

43. Calculate GDPMP by income method and National income by expenditure method.

Particulars Tin crores

(i) Mixed income of the self employed 260

(i) Rent, interest and profit 290

(ii) Interest on national debt 40

(iv) Government final consumption expenditure 220

(V)Imports 170

(vi) Exports 140

(vii) Private final consumption expenditure 1,530
(vii) Change in stock 100
(ix) Compensation of employees 730
(x)Net factor income from the rest ofthe world -110

(xi) Consumption of fixed capital 120

(xii) Subsidies 30
(xii) Gross fixed capital formation 400
(xiv) indirect taxes 850
GDPMP by Income method = ?2,220 crores; NNPFc by Expenditure method = 127 era

44. Calculate GDP at MP by lIncome method and National income by Expenditure method.

Particulars Tin croress

(i) Compensation of employees 13,000
(i) Indirect taxes 3,700
(i) Gross fixed capital formation
8,100
(iv) Interest, rent and profit
5,000
(v) Government final consumption expenditure 3,600
(vi) Mixed income of self employed
16,000
(vi) Change in stock
1,000
(vii) Imports of goods and services 1,800
(ix) Exports of goods and services
1,700
(x) Private final consumption expenditure 27,000
(xi) Subsidies
300
(xii) Net factor income from abroad
250
(xii) Consumption of fixed capital 2,200
P by Iricone Method: 39.600 crores;and National Income
by Expendture Method 33, 750
=
crore