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प्रश्न
Calculate GNPmp using Income method and Expenditure method from the following data:
| Items | ₹ (in Crore) | |
| (i) | Private final consumption expenditure | 800 |
| (ii) | Net exports | 20 |
| (iii) | Rent | 40 |
| (iv) | Interest | 60 |
| (v) | Government final consumption expenditure | 200 |
| (vi) | Profit | 120 |
| (vii) | Net domestic capital formation | 100 |
| (viii) | Compensation of employees | 800 |
| (ix) | Net indirect taxes | 100 |
| (x) | Consumption of fixed capital | 20 |
| (xi) | Net factor income from abroad | (−) 30 |
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उत्तर
Following Income method:
GNPmp = (iii) + (iv) + (vi) + (viii) + (ix) + (x) + (xi)
= 40 + 60 + 120 + 800 + 100 + 20 + (−) 30
= ₹ 1110 Cr.
Following Expenditure method:
GNPmp = (i) + (ii) + (v) + (vii) + (x) + (xi)
= 800 + 20 + 200 + 100 + 20 + (−) 30
= ₹ 1110 Cr.
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संबंधित प्रश्न
Find Gross National Product at Market Price and Private Income:
| Rs. in crore | ||
| 1 | Private final consumption expenditure | 800 |
| 2 | Net Current transaction to abroad | 20 |
| 3 | Net factor income to abroad | (-)10 |
| 4 | Government final consumption expenditure | 300 |
| 5 | Net indirect tax | 150 |
| 6 | Net domestic capital formation | 200 |
| 7 | Current transfer to government | 40 |
| 8 | Depreciation | 100 |
| 9 | Net imports | 30 |
| 10 | Income accruing to government | 90 |
| 11 | National debt interest | 50 |
Calculate “Gross National Product at Market Price” from the following data:
| S. No. | Particulars | (Rs in crores) |
| (i) | Compensation of employees | 2,000 |
| (ii) | Interest | 500 |
| (iii) | Rent | 700 |
| (iv) | Profits | 800 |
| (v) | Employer’s contribution to social security schemes | 200 |
| (vi) | Dividends | 300 |
| (vii) | Consumption of fixed capital | 100 |
| (viii) | Net indirect taxes | 250 |
| (ix) | Net exports | 70 |
| (x) | Net factor income to abroad | 150 |
| (xi) | Mixed income of self-employed | 1,500 |
Which of the following is not included in the calculation of Gross National Product?
GNP(fc) = GNP(mp) - ______.
National Income is a ______
What is real national income?
Factor Cost is the ______
Which of the following statement is true about perfect competition?
The study of National Income is related to:
Which of the following does the Market Price include?
Identify the correctly matched pair of items in Column A to those in Column B:
| Column A | Column B | ||
| 1 | Markets in the Economy | (a) | Producers only |
| 2 | National Income | (b) | Macroeconomics |
| 3 | Total Cost | (c) | Both Micro and Macroeconomics |
| 4 | Net National Product | (d) | Microeconomics |
National Income is the sum of factor incomes accruing to:
Assertion (A): There is no restriction on the entry and exit of the firms in the perfectly competitive market.
Reason (R): The perfect competition market is characterised by the sellers being price takers and not price makers.
State whether the following items will be included in the estimation of National Income or not? Give a reason for your answer.
Fresh tomatoes used by a food processing company.
