Q calculate national income 1) Net domestic capital formation 150 2) Government final consumption expenditure 300 3) Net Factor income - Economics - National Income Accounting

Question

Q calculate national income
1) Net domestic capital formation 150
2) Government final consumption
expenditure 300
3) Net Factor income from abroad -20
4) Private final consumption expenditure
600
5) Depreciation 30
6) Net export 50
7) Net indirect Taxes 90
8) Net current transfer from the rest of the world 40

Shourya Chaturvedi · Answer

NDP(MP) = C (household consumption) +
G (government expenditure) + I (investment expense) + NX (net
exports)
= 600 + 300 + 150 +
50
NDP (MP) = Rs
1100

NDP(FC) = NDP(MP) + NFIA
– NIT
= 1100 + (-20) –
90
NDP(FC) = Rs 990
Crores