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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 - Economics

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
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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

Concept: Concept of National Income
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