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CBSE 2019 Class 12 Economics Outside Delhi Set 1

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Question : 24 of 24
Marks: +1, -0
Given the Following data, find the value of "Gross Domestic Capital Formation" and "Operating Surplus".
 S.No.  Particulars  Amount (₹\text{₹} in Crores)
 (i)  National Income  22,100
 (ii)  Wages and Salaries  12,000
 (iii)  Private Final Consumption Expenditure  7,200
 (iv)  Net Indirect Taxes  700
 (v)   Gross Domestic Capital Formation  ?
 (vi)  Depreciation  500
 (vii)  Government Final Consumption Expenditure  6,100
 (viii)  Mixed Income of Self- Employed  4,800
 (ix)  Operating Surplus  ?
 (x)  Net Exports  3,400
 (xi)  Rent  1,200
 (xii)  Net Factor Income from Abroad  (-)150
Solution:  
Gross Domestic capital formation =(i)−[(iii)+vii+x[+vi−xii+iv=(i)-[(i i i) + vii+x[+vi-xii+iv
GDCF=22,100−[7,200+6,100+3,400]GDCF=22,100-[7,200+6,100+3,400] +500(−150)+700+500(-150)+700
GDCF=₹6750   crores   GDCF=\text{₹} 6750 \;\text{ crores }\;
operating surplus = National income - wages and salaries - mixed income of self employed net factor income from Abroad =22,100−12,000−4,800−(−150)=22,100-12,000-4,800-(-150)
₹5,450\text{₹} 5,450 crores
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