CBSE 2017 Class 12 Economics Delhi Set-1

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Question : 17
Total: 18
Calculate (a) net domestic product at factor cost and (b) gross national disposable income :
 S.No.  Particular  Amount ₹ in crore
 (i)  Private final Consumption Expenditure  8000
 (ii)  Government final Consumption Expenditure  1000
 (iii)  Exports  70
 (iv)  Imports  120
 (v)  Consumption of fixed capital  60
 (vi)  Gross domestic fixed capital formation  500
 (vii)  Change in stock  100
 (viii)  Factor income to abroad  40
 (ix)  Factor income from abroad  90
 (x)  Indirect taxes  700
 (xi)  Subsidies  50
 (xii)  Net current transfer to abroad  (-)30
Solution:  
(a) NDPfC=(i)+(ii)+(vi+vii) +(iiiiv)(v)(x)+(xi)
=8000+1000+(500+100) +(70120)60
=9000+600+(50)60650
=960050710
=9600760
=8840 Crores
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