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National Income Accounting
Question
Wired Faculty App

S.NO.

Particulars

(Rs in Crores)

1

 

2

 

3

 

4

 

5

 

6

 

7

 

 

Gross domestic product at Market price

 

Net current transfers to the rest of the world

Net indirect tax

 

Net factor income to abroad

 

National debt interest

 

Consumption of fixed capital

 

Current transfers from government

2,000

 

(-)200

 

150

 

60

 

70

 

200

 

150

Answer

Computation of net national disposable income:
NNDP = NDPFC + NIT - Net factor income to abroad – Net current transfers to the rest of the world

NDPFC = GDPMP - Consumption of fixed capital – NIT
=2000 -200 – 150 = 1,650
Now
NNDP = 1650+150-60-(-)200 = 1940
Hence net national disposable income = 1940

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Some More Questions From National Income Accounting Chapter

Briefly explain the following basic concepts related to NI:
Normal Residents

Briefly explain the following basic concepts related to NI:
National Income at Current and Constant Prices (Nominal and Real NI).

Briefly explain the following basic concepts related to NI:
Consumption of Fixed Capital (Depreciation).

Briefly explain the following basic concepts related to NI:
Factor Cost vs. Market Price (or Net Indirect Taxes)

Briefly explain the following basic concepts related to NI:
Net Factor Income from Abroad (NFIA)

Briefly explain the following basic concepts related to NI:
Value of Output vs. Value Added

Briefly explain the following basic concepts related to NI:
Factor Payment (Income) vs. Transfer Payment (Income)

Briefly explain the following basic concepts related to NI:
Sources of Domestic Income

Briefly explain the following basic concepts related to NI:
Sectors of an Economy

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school.
(ii) Chalks, dusters purchased by a school.