CBSE 2015 Class 12 Economics Outside Delhi Set-1

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Question : 18
Total: 18
Calculate the 'National Income' and 'Private Incoment:
 S.No.  Particular  Amount ₹ in crore
 (i)   Rent  200
 (ii)  Net factor income to abroad  10
 (iii)  National debt interest  15
 (iv)  Wages and salaries  700
 (v)  Current transfers from government  10
 (vi)  Undistributed profits  20
 (vii)  Corporation tax  30
 (viii)  Interest  150
 (ix)  Social security contributionsby employers  400
 (x)  Net domestic product accruingto government  250
 (xi)  Net current transfers to rest of the world  5
 (xii)  Dividends  50
Solution:  
National Income = Wages and salaries + Social security contributions by employers + Rent + Interest + Dividends + Corporation tax + Undistributed profits - Net factor income to abroad
NNPFC=700+100+200+150 +50+30+2010
=1240 crore
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