Calculate (a) National Income and (b) Net National Disposable Income.(

1.	Calculate (a) National Income and (b) Net National Disposable Income.(Rs. in crore)(i) Gross Domestic Fixed Capital Formation200(ii) Change in Stock(-) 30(iii) Net Factor Income to Abroad50(iv) Private Final Consumption Expenditure1,500(v) Net Indirect Taxes100(vi) Net Exports60(vii) Profit500(viii) Government Final Consumption Expenditure600(ix) Consumption of Fixed Capital20(x) Net Current Transfers to Abroad(-) 10
Answer» NI = (iv) + (viii) + {(i)+ (ii)}-(iii)-(v) + (vi) - (ix) = 1,500 + 600 + 200 + (-30)-50-100+60-20 =Rs.2160 crore NNDI=NI+(v)-(x) =2,160+100-(-10) =Rs.2,270 crore

Calculate (a) National Income and (b) Net National Disposable Income.(Rs. in crore)(i) Gross Domestic Fixed Capital Formation200(ii) Change in Stock(-) 30(iii) Net Factor Income to Abroad50(iv) Private Final Consumption Expenditure1,500(v) Net Indirect Taxes100(vi) Net Exports60(vii) Profit500(viii) Government Final Consumption Expenditure600(ix) Consumption of Fixed Capital20(x) Net Current Transfers to Abroad(-) 10

Answer»

NI = (iv) + (viii) + {(i)+ (ii)}-(iii)-(v) + (vi) - (ix)

= 1,500 + 600 + 200 + (-30)-50-100+60-20

=Rs.2160 crore

NNDI=NI+(v)-(x)

=2,160+100-(-10)

=Rs.2,270 crore