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Calculate (A) National Income, and (B) Net National Disposable Income: (I) Compensation of Employees Rent Profit Dividend Interest Mixed Income of Self- Employed Net Factor Income to Abroad - CBSE (Arts) Class 12 - Economics

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Question

Calculate (a) National Income, and (b) Net National Disposable Income:

  (Rs In crores)
(i) Compensation of employees 2,000
(ii) Rent 400
(iii) Profit 900
(iv) Dividend 100
(v) Interest 500
(vi) Mixed income of self- employed 7,000
(vii) Net factor income to abroad 50
(viii) Net export 60
(ix) Net indirect taxes 300
(x) Depreciation 150
(xi) Net current transfers to aboard 30

Solution

National Income = Compensation of employees + Rent + Interest + Profit + Mixed income of self employed - Net factor income to abroad

National Income = 2,000 + 400 + 500 + 900 +7,000 – 50

∴National Income = Rs 10,750

Net National Disposable Income = National income + Net indirect taxes – Net current transfers to abroad

Net National Disposable Income = 10,750 + 300 – 30

∴Net National Disposable Income = Rs 11,020

  Is there an error in this question or solution?
Solution Calculate (A) National Income, and (B) Net National Disposable Income: (I) Compensation of Employees Rent Profit Dividend Interest Mixed Income of Self- Employed Net Factor Income to Abroad Concept: Concept of National Income.
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