National Income Accounting
Find out (a) National Income, and (b) Gross National Disposable Income (GNDI) from the following data:
(र in crores) |
||
(i) |
Private final consumption expenditure |
400 |
(ii) |
Net current transfers from rest of world |
-5 |
(iii) |
Indirect tax |
65 |
(iv) |
Net domestic capital formation |
120 |
(v) |
Govt. final consumption expenditure |
100 |
(vi) |
Consumption of fixed capital |
20 |
(vii) |
Subsidies |
5 |
(viii) |
Exports |
30 |
(ix) |
Net factor income from abroad |
-10 |
(x) |
Imports |
40 |
GDP at MP = 400 + 120 + 100 + 20 + 30 - 40 = 630 crores
(a) NI (NNP at FC) = GDPMP - Dep. + NFIA - Indirect tax + Subsidies
= 630 - 20 + (-10) - 65 + 5 = 540 crores
(b) GNDI = GDPMP + NFIA + Net current transfers from ROW
= 630 + (-10) + (-5) = 6,15 crores
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