Question
Calculate (a) NDP at FC and (b) Private income from the following.
|
(र crore) |
||
|
(i) |
Domestic product accruing to govt. |
300 |
|
(ii) |
Wages and Salaries |
1000 |
|
(iii) |
Net current transfer to abroad |
(-) 20 |
|
(iv) |
Rent |
100 |
|
(v) |
Interest paid by production units |
130 |
|
(vi) |
National debt interest |
30 |
|
(vii) |
Corporation tax |
50 |
|
(viii) |
Current transfers by government |
40 |
|
(ix) |
Contribution to social security schemes by employers. |
200 |
|
(x) |
Dividends |
100 |
|
(xi) |
Undistributed profits |
20 |
|
(xii) |
Net factor income to abroad |
0 |
Solution
(i) NDP at FC = (ii) + (iv) + (v) + (vii) + (ix) + (x) + (xi)
= 1000 + 100 + 130 + 50 + 200 + 100 + 20 = 1600 crore.
(ii) Private income = NDP at FC - (i) - (iii) + (vi) + (viii) + (xii)
= 1600 - 300 - (-20) + 30 + 40 + (-0) = र 1390 crore.
