Question
Calculate GNP at MP and Personal Disposal Income (PDI) from the following data:
|
(र in crores) |
||
|
(i) |
Subsidy |
20 |
|
(ii) |
Net factor income from abroad |
(-)60 |
|
(iii) |
Gross national disposable income |
1050 |
|
(iv) |
Personal tax |
110 |
|
(v) |
Savings of private corporations |
40 |
|
(vi) |
National income |
900 |
|
(vii) |
Indirect tax |
100 |
|
(viii) |
Corporation tax |
90 |
|
(ix) |
Net national disposable income |
1000 |
|
(x) |
National debt interest |
30 |
|
(xi) |
Net current transfer from abroad |
20 |
|
(xii) |
Current transfers from government |
50 |
|
(xiii) |
Misc. receipts of govt. adminstrative deptt. |
30 |
|
(xiv) |
Private income |
700 |
Solution
(a) GNP at MP = 900 + 100 - 20 + 50
(= 1050 - 1000 depreciation)
= 1030 crores.
(b) Personal disposable income = 700 - 110 - 40 - 90 - 30 = 430 crores.
