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9

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 |

Personal Income (PI) = NDP_{FC}+ Net factor income from abroad (NFIA) + Transfer Income - Undistributed profit - corporate tax - Net interest paid by households

NDP_{FC}= Rs.8000 crores

NFIA = Rs.200 crores

Transfer Income = Rs.300 crores

Undistributed profit = Rs. 1,000 crores

Corporate tax = Rs.500 crores

Net interest paid by households = Interest paid - Interest received

= 1200 – 1500

= (-) Rs.300 crores

PI = 8000 + 200 + 300 - 1000 - 500 - (- 300)

= 8000 + 200 + 300 - 1000 - 500 + 300

PI = 7300

Personal Disposable income = Personal Income - Personal Payments

= 7300 – 500

= Rs.6800 crores

9

9

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 |