CBSE 2019 Class 12 Economics Delhi Set 3

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Question : 4
Total: 4
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 )]
=30,000(3,500+12,000+700)
=13,800 crores
Gross domestic capital formation =( ix )[( iv )+(v)+( vii )+( xii )] +( ii )+( vi )
=30000(14000+3000+700+11000) +300+300
=1900 crores
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