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Suppose the GDP at market price of a country in a particular year was Rs 1,100 crores. Net Factor Income from Abroad was Rs 100 crores. The value of Indirect taxes – Subsidies was Rs 150 crores and National Income was Rs 850 crores. Calculate the aggregate value of depreciation.
Given –
National Income (NNPFC) = Rs.850 crores
GDPMP = Rs.1100 crores
Net factor income from abroad (NFIA) = Rs.100 crores
Net indirect taxes = Rs.150 crores
NNPFC = + Net factor income from abroad - Depreciation - Net indirect taxes
850 = 1100 + 100 - Depreciation – 150
850 = 1100 - 50 – Depreciation
850 = 1050 – Depreciation
Depreciation = 1050 - 850 = Rs.200 crores
So, depreciation is Rs.200 crores.
From the following data, calculate Personal Income and Personal Disposable Income.
Rs (crore) | |
(a) Net Domestic Product at factor cost | 8,000 |
(b) Net Factor Income from abroad | 200 |
(c) Undisbursed Profit | 1,000 |
(d) Corporate Tax | 500 |
(e) Interest Received by Households | 1,500 |
(f) Interest Paid by Households | 1,200 |
(g) Transfer Income | 300 |
(h) Personal Tax | 500 |