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CBSE 2019 Class 12 Economics Delhi Set 3

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Question : 4 of 4
Marks: +1, -0
Given the following data, find the missing values of 'Gross Domestic Capital Formation' and 'Wages and Salaries'.
  S.No.  Particulars  Amount (in ₹ crores)
 (i)  National Income  30,000
 (ii)  Gross Domestic Capital Formation  ?
 (iii)  Government Final Consumption Expenditure  14,000
 (iv)  Mixed Income of Self- Employed  3,500
 (v )  Net Factor Income from Abroad  700
 (vi)  Net Indirect Taxes  300
 (vii)  Profits  500
 (viii)  Wages and Salaries  ?
 (ix)  Net Exports  3,000
 (x)  Private Final Consumption Expenditure  11,000
 (xi)  Consumption of Fixed Capital  300
 (xii)  Operating Surplus  12,000
Solution:  
Wages and salaries =(ix)−[(i)+ viii + vii ]= (ix) - [(i) + \text{ viii } + \text{ vii }]
  =30,000−(3,500+12,000+700)\;=30,000-(3,500+12,000+700)
  =₹13,800   crores   \;= \text{₹} 1 3 , 8 0 0 \; \text{ crores }\;
Gross domestic capital formation =( ix )−[( iv )+(v)+( vii )+( xii )]= (\text{ ix }) - [(\text{ iv }) + (v) + (\text{ vii }) + (\text{ xii })] +( ii )+( vi )+ (\text{ ii }) + (\text{ vi })
  =30000−(14000+3000+700+11000)\;=30000-(14000+3000+700+11000) +300+300+300+300
  =₹1900   crores   \;= \text{₹} 1900 \; \text{ crores }\;
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