From the following data, calculate national income (NNP at FC) by (i) income method, and (ii) expenditure method.
(र in crores) |
||||
Set I |
Set II |
Set III |
||
(i) |
Compensation of employees |
1,200 |
600 |
500 |
(ii) |
Net factor income from abroad |
-20 |
-10 |
-10 |
(iii) |
Net indirect tax |
120 |
60 |
165 |
(iv) |
Profit |
800 |
400 |
220 |
(v) |
Private final consumption expenditure |
2,000 |
1,000 |
900 |
(vi) |
Net domestic capital formation |
770 |
385 |
200 |
(vii) |
Consumption of fixed capital |
130 |
65 |
- |
(viii) |
Rent |
400 |
200 |
90 |
(ix) |
Interest |
620 |
310 |
100 |
(x) |
Mixed income of self-employed |
700 |
350 |
400 |
(xi) |
Net exports |
-30 |
-15 |
-25 |
(xii) |
Government final consumption expenditure |
1,100 |
550 |
400 |
(xiii) |
Net current transfers from ROW |
- |
- |
50 |
(a) NI (by income method) = DI + NFIA
Set I = 1,200 - 20 + 800 + 400 + 620 + 700
= 3,700 crores
Set II = 600 - 10 + 400 + 200 + 310 + 350
= 1,850 crores
Set III = 500 - 10 + 220 + 90 + 100 + 400
= 1,300 crores
(b) NNPFC (by expenditure method) = GDPMP - NIT - Dep. + NFIA
Set I = 2,000 + 1,100 + 770 - 30 - 120 - 20
= 3,700 crores
Set II = 1,000 + 550 + 385 - 15 - 60 - 10
= 1,850 crores
Set III = 900 + 400 + 200 - 25 - 165 - 10
= 1,300 crores