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Calculate “Gross National Disposable Income” from the Following Data: - CBSE (Arts) Class 12 - Economics

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Question

Calculate “Gross National Disposable Income” from the following data:

S.No.

Particulars

(Rs  in crores)

(i)

Net domestic product at factor cost

3,000

 

(ii)

Indirect taxes

300

 

(iii)

Net current transfers from rest of the world

250

 

(iv)

Current transfers from the government

100

 

(v)

Net factor income to abroad

150

 

(vi)

Consumption of fixed capital

200

 

(vii)

Subsidies

100

Solution

Gross National Disposable Income = Net domestic product at factor cost + Indirect Taxes - Subsidies + Net current transfers from the rest of the world - Net factor income to abroad + Consumption of fixed capital
or, Gross Disposable Income = 3000 + 300 - 100 + 250 - 150 + 200 = Rs 3500 crore

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Solution Calculate “Gross National Disposable Income” from the Following Data: Concept: National Disposable Income (Gross and Net).
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