CBSE 2019 Class 12 Economics Outside Delhi Set 1

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Question : 24
Total: 24
Given the Following data, find the value of "Gross Domestic Capital Formation" and "Operating Surplus".
 S.No.  Particulars  Amount ( 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[+vixii+iv
GDCF=22,100[7,200+6,100+3,400] +500(150)+700
GDCF=6750 crores
operating surplus = National income - wages and salaries - mixed income of self employed net factor income from Abroad =22,10012,0004,800(150)
5,450 crores
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