DELHI PUBLIC SCHOOL, R.K.

PURAM
ECONOMICS ASSIGNMENT-4​ NATIONAL INCOME ​ ​ ​ CLASS -XII

1. Calculate Operating Surplus: (350)

S. No. Particulars Rs. (In crores)
1 Bonus to employees 25
2 Mixed income 175
3 Profit 100
4 Dividend 40
5 Corporate tax 30
6 Rent 80
7 Royalty 40
8 Interest 130
9 Employer’s contribution to social security schemes 30

2. On the basis of following data, prove that 'Net Value Added at Factor Cost' is equal to
'Income Generated' (7200)
S. No. Particulars Rs. (In crores)
1 Addition to stock 1000
2 Sales 10000
3 Net indirect taxes 800
4 Purchase of raw material 1650
5 Expenses on power 850
6 Consumption of fixed capital 500
7 Rent 700
8 Compensation of employees 3500
9 Interest 1000
10 Dividend 1500
11 Corporate gains tax 300
12 Undistributed profit 200

3. Calculate: (a) National Income; and (b) Consumption of fixed capital (273, 25)
S. No. Particulars Rs. (In crores)
1 Private final consumption expenditure 210
2 Gross Domestic Product at Market Price 320
3 Wages and Salaries 170
4 Employer’s contribution to provident fund 10
5 Interest 20
6 Indirect taxes 30
7 Subsidies 5
8 Rent 10
9 Profit 45
10 Royalty 15
11 Net factor income from abroad (NFIA) 3

4. Calculate: (a) GDP at MP by Income method; and (b) closing Stock (820, 40)
S. No. Particulars Rs. (In crores)
1 Private final consumption expenditure 450
2 Rent 120
3 Government final consumption expenditure 50
4 Indirect taxes 60
5 Interest 150
6 Mixed income of self employed 20
7 Consumption of fixed capital 30
8 Opening stock 10
9 Gross fixed capital formation 300
10 Compensation of employees 200
11 Net exports (-) 10
 12 Net factor income from abroad (-) 10
13 Subsidies 10
14 Profit 250

5. Calculate national income by income and expenditure method from the following data:
(2923)
S. Particulars Rs. (In crores)
No.
1 Salaries and wages in cash 1997
2 Transfer payments by government 25
3 Rent 132
4 Indirect taxes 200
5 Subsidies 89
6 Consumption of workers in kind 95
7 Depreciation 81
8 Net increase in factor income rest of the world 52
9 Interest 92
10 Government expenditure on goods and services 574
11 Personal consumption expenditure on goods and services 1805
12 Corporate profit tax 10
13 Income of the self employed 264
14 Undistributed corporate profit 26
15 Dividends 201
16 Export of goods and services 900
17 Addition to stock 7
18 Social security contributions by employer 54
19 Import of goods and services 323
20 Gross fixed investment 100

6. From the following information, estimate: (i) Value of output; (ii) Net value added at factor
cost; (iii) prove that income generated is equal to net value added at factor cost. (11225,7300)

S. No. Particulars Rs. (In crores)

1 Increase in unsold stock 600
2 Sales 10625
3 Purchase of raw materials 2625
4 Indirect taxes 1200
5 Subsidies 400
6 Operating surplus 3740
7 Mixed incomes 100
8 Wages and salaries 3460
9 Depreciation 500