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CBSE 2019 Class 12 Economics Delhi Set 2

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Question : 3 of 3
Marks: +1, -0
Given the following data, find the missing value of 'Private Final Consumption Expenditure and 'Operating Surplus'.
  S.No.  Particulars  Amount (in ₹ crores)
 (i)  National Income  50,000
 (ii)  Gross Domestic Capital Formation  17,000
 (iii)  Government Final Consumption Expenditure  12,500
 (iv)  Mixed Income of Self- Employed  13,000
 (v )  Net Factor Income from Abroad  500
 (vi)  Net Indirect Taxes  1,000
 (vii)  Profits  1,000
 (viii)  Wages and Salaries  20,000
 (ix)  Net Exports  2,000
 (x)  Private Final Consumption Expenditure  ?
 (xi)  Consumption of Fixed Capital  700
 (xii)  Operating Surplus  ?
Solution:  
Operating surplus =(i)−[(vii)+(ix)+(ξ)]=(i)-[(vii)+(ix)+(\xi)]
=50,000−(20,000+13,000+500)=50,000-(20,000+13,000+500)
=₹16,500  crores.=\text{₹}16,500\;\text{crores.}
Private final consumption expenditure ==
(i)−  [(  iv  )+(  vi  )+(  xi  )+(  xii  )](i)-\;[(\;\text{iv}\;)+(\;\text{vi}\;)+(\;\text{xi}\;)+(\;\text{xii}\;)] +(  viii  )+(  ii  )+(\;\text{viii}\;)+(\;\text{ii}\;)
  =50,000−(17,000+12500\;=50,000-(17,000+12500 +2000+500)+2000+500)
  =₹19,700  crores  \;=\text{₹}19,700\;\text{crores}\;
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