CBSE 2015 Class 12 Economics Delhi Set-1

Question : 19

Total: 19

Calculate National Income and (Personal Disposable Income).

S.No.	Particular	Amount ₹ in crore
(i)	Personal tax	80
(ii)	Privatefinal consumption expenditure	600
(iii)	Undistributed profits	30
(iv)	Private income	650
(v)	Government final consumption expenditure	100
(vi)	Corporate tax	50
(vii)	Net domestic fixed capital formation	70
(viii)	Net indirect tax	60
(ix)	Depreciation	14
(x)	Change in stocks	(-)10
(xi)	Net imports	20
(xii)	Net factor income to abroad	10

Solution:

National Income = Private final consumption expenditure + Government final consumption expenditure + (Net domestic fixed capital formation + Depreciation + Change in stock) Net imports - Depreciation - Net indirect taxes - Net factor income to abroad National income :
=600+100+(70+14−10)−20−14 −60−10=₹670
or, National income =₹670 crore

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