EduAdda By Sailesh Goenka

COMPUTATION OF NATIONAL INCOME

Class 12 - Economics

1. Find out Net Value Added at Factor Cost. [3]

Contents Rs. in crores.

esh
Price per unit Rs.25

Output sold 1000 units

Change in stock -500

ail
Intermediate cost 7000

Depreciation 1000
Go y S
Excise duty 5000

2. From the following data about firm X, calculate its Gross Value Added at Factor Cost: [3]
ka
ab

Items (Rs. in thousands)

(i) Opening stock 50

en
(ii) Closing stock 40
dd

(iii) Subsidy 60

(iv) Purchase of intermediate products 450

uA

((v) Sales 750

(vi) Purchase of machinery 200

Ed

3. In an economy, the following transactions took place. [3]

i. Firm A sold to firm B goods of ₹ 80 crore; to firm C ₹ 50 crore; to households ₹ 30 crore and goods of value
₹ 10 crore remains unsold.
ii. Firm B sold to firm C goods of ₹ 70 crore; to firm D ₹ 40 crore; goods of value ₹ 30 crore were exported and
goods of value ₹ 5 crore was sold to government.
Calculate:
i. Value of output of Firm A and Firm B.
ii. Value added by Firm B
4. Calculate Net Value added at factor cost: [4]

(i) Consumption of Fixed Capital (Rs.) 600

(ii) Import Duty (Rs.) 400

(iii) Output sold (units) 2000

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 (iv) Price per unit of output (Rs.) 10

(v) Net change in stock (Rs.) (-)50

(vi) Intermediate cost (Rs.) 10000

(vii) Subsidy (Rs.) 500

5. From the following data, calculate Gross value Added at Factor Cost: [4]

Items (Rs. in Lakh)

(i) Sales 180

(ii) Rent 5

(iii) Subsidies 10

esh
(iv) Change in stock 15

(v) Purchase of raw material 100

ail
(vi) Profits 25

6. Calculate GVA at factor cost of a firm: [4]

Go y S
Items (₹)

(i) Net production taxes 600

(ii) Product taxes

ka 400
ab

(iii) Price per unit of output 10

en
(iv) Net change in stocks (-) 50
dd

(v) Purchases of raw materials 10000

(vi) Import of raw materials 3000

uA

(vii) Import of machines 20000

(viii) Product subsidies 100

Ed

Additional information: Output sold is 2000 units.

7. Given the following data, find net value added at factor cost by Sumit (a farmer) producing wheat [4]

S.No. Items (₹ in crore)

(i) Sale of wheat by the farmer in the local market 6,800

(ii) Purchase of a tractor 5,000

(iii) Procurement of wheat by the government from the farmer 200

(iv) Consumption of wheat by the farming family during the year 50

(v) Subsidy 20

(vi) Expenditure on the maintenance of existing capital stock 100

8. Find Net Value Added at Factor Cost. [4]

S.no. Items (Rs. In lakhs)

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 (i) Durable use Producer Goods with a Life Span of 10 Years 10

(ii) Single-use Producer Goods 5

(iii) Sales 20

(iv) Unsold Output Produced During the Year 2

(v) Taxes on Production 1

9. Calculate Net Value Added at Factor Cost (NVAFC) from the following data : [4]

S. No. Particulars Amount (in ₹ crores)

(i) Value of Output 800

(ii) Intermediate Consumption 200

esh
(iii) Indirect taxes 30

(iv) Depreciation 20

ail
(v) Subsidies 50

(vi) Purchase of machinery 50

Go y S
10. Calculate Gross Value Added at Factor Cost. [4]

S.no. Contents (Rs. in Crores)

ka
ab

(i) Units of Output Sold (units) 1,000

(ii) Price Per Unit of Output 30

en
(iii) Depreciation 1,000
dd

(iv) Intermediate Cost 12,000

uA

(v) Closing Stock 3,000

(vi) Opening Stock 2,000

(vii) Excise Duty 2,500

Ed

(viii) Sales Tax 3,500

11. On the basis of the following data, calculate the value of Gross Value Added (GVA) at Market Price: [4]

S.no. Particulars Amount (in ₹ lakh)

(i) Depreciation 20

(ii) Domestic Sales 200

(iii) Net Change in Stocks (-) 10

(iv) Exports 10

(v) Single Use Producer Goods 120

12. Calculate (a) Gross Domestic Product at Market Price and (b) National Income. [4]

Items (₹ in crore)

(i) Value of output

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 (a) Primary sector 800

(b) Secondary sector 200

(c) Tertiary sector 300

(ii) Cost of intermediate inputs purchased by:

(a) Primary sector 400

(b) Secondary sector 100

(c) Tertiary sector 50

(iii) Indirect taxes paid by all sectors 50

esh
(iv) Consumption of fixed capital of all sectors 80

(v) Factor income received by the residents from rest of the world 10

(vi) Factor income paid to non-residents 20

ail
(vii) Subsidies received by all sectors 20

13. Find Gross Value Added at Factor Cost. [4]

Go y S
S.no. Contents Rs. (in Crores)

(i) Units of Output Sold

ka 2,000
ab

(ii) Price Per Unit of Output 20

(iii) Depreciation 2,000

en
dd

(iv) Change in Stock (-) 500

(v) Intermediate Cost 15,000

uA

(vi) Subsidy 3,000

14. Calculate Gross Value Added at Factor Cost. [4]

S.no. Content (Rs. in Lakhs)

Ed

(i) Domestic Sales 3,000

(ii) Change in Stock (-) 1,00

(iii) Depreciation 300

(iv) Intermediate Consumption 2,000

(v) Exports 500

(vi) Indirect Taxes 250

(vii) Net Factor Income from Abroad3 (-) 50

15. Find Net Value Added at Market Price. [4]

S.no. Contents Rs. (in Crores)

(i) Depreciation 700

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 (ii) Output sold (units) 900

(iii) Price per unit of output 40

(iv) Closing stock 1,000

(v) Opening stock 800

(vi) Sales tax 3,000

(vii) Intermediate cost 20,000

16. Calculate the value added by firm A and firm B from the following data: [4]

(₹ in lakhs)

(i) Purchase by firm A from the rest of the world 30

esh
(ii) Sales by firm B 90

(iii) Purchases by firm A from firm B 50

ail
(iv) Sales by firm A 110

(v) Exports by firm A 30

Go y S
(vi) Opening stock of firm A 35

(vii) Closing stock of firm A 20

ka
ab

(viii) Opening stock of firm B 30

(ix) Closing stock of firm B 20

en
(x) Purchases by firm B from firm A 50
dd

17. Calculate Net Value Added at Factor Cost from the following data. [4]

S.no. Contents (Rs. in Lakhs)

uA

(i) Intermediate Consumption 300

(ii) Change in Stock 50

Ed

(iii) Net Indirect Taxes 70

(iv) Sales 500

(v) Consumption of Fixed Capital 20

(vi) Imports 40

18. From the following data, calculate Net Value Added at Factor Cost. [4]

S.no. Contents (Rs. in Lakhs)

(i) Sales 300

(ii) Opening Stock 10

(iii) Depreciation 30

(iv) Intermediate Consumption 120

(v) Exports 50

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 (vi) Change in Stock 20

(vii) Net indirect Taxes 15

(viii) Factor Income to Abroad 10

19. Calculate from the data given below: [6]

a. Net Domestic Product at factor cost by the production method.
b. Net National Product at factor cost by the expenditure method.

(₹ in crore)

(i) Purchase of raw materials and services from other firms 250

(ii) Value of output 770

esh
(iii) Indirect taxes 75

(iv) Subsidies 15

ail
(v) Consumption of fixed capital 10

(vi) Net factor income from abroad (-) 5

Go y S
(vii) Opening stock 15

(viii) Closing stock 5

ka
(ix) Gross domestic capital formation 40
ab

(x) Private final consumption expenditure 455

en
(xi) Government final consumption 25
dd

(xii) Net exports 10

20. i. National Income rose by 8% during the year 2010, Does it represent the growth of every Indian? Discuss. [6]
uA

ii. Calculate the value of output from the following data :

Items (Rs. Crore)

Ed

(i) NVA​FC 100

(ii) Intermediate consumption 75

(iii) Excise duty 20

(iv) Subsidy 5

(v) Depreciation 10

21. i. In 2018, Kerela was hit by a massive flood causing huge loss of property. Life of people has come to a [6]
standstill. Govt. of India announces compensation to flood victims to meet the needs of their food, clothes
and shelter.
a. Is this expenditure included in National income?
b. How does it impact life in the city?
ii. There are only two producing sectors A and B in an economy. Calculate Gross value added at market price
by each sector.

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 Item Rs. (Crore)

(i) Net factor income from Abroad 100

(ii) Sales by A 5000

(iii) Sales by B 10000

(iv) Change in the stock of B (–) 1000

(v) Closing stock of A 250

(vi) Opening stock of A 500

(vii) Consumption of fixed capital by A and B 900

esh
(viii) Indirect taxes paid by A and B 600

(ix) Purchase of raw material by A 2500

(x) Purchase of raw material by B 3000

ail
(xi) Exports by B 350

22. i. Measurement of national income suffers from various limitations which leads us to conclude that it is not an [6]
Go y S
overall appropriate measure of the welfare of people still national income accounting is done and national
income estimates are prepared. Justify.
ii. Calculate Sales from the following data :
ka
ab

Items (Rs. in Lakhs)

(i) Net value added at factor cost 560

en
dd

(ii) Consumption of fixed capital 60

(ii) Change in Stock (–) 30

uA

(iv) Intermediate cost 1000

(v) Exports 200

Ed

(vi) Indirect taxes 60

23. From the data given below, calculate (a) National income by income method and (b) National income by output [6]
method:

(₹ in crore)

(i) Value of output of primary sector 1,000

(ii) Value of output of other sectors 400

(iii) Raw materials etc. purchased by the primary sector 500

(iv) Raw materials etc. purchased by the other sectors 300

(v) Factor income received from the rest of the world 10

(vi) Factor income paid to the rest of the world 15

(vii) Depreciation 55

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 (viii) Indirect taxes 100

(ix) Subsidies 20

(x) Mixed income of the self-employed 200

(xi) Compensation of employees 170

(xii) Rent 40

(xiii) Interest 30

(xiv) Profits 25

24. There are only two producing sectors A and B in an economy. Calculate [6]
i. Gross Value Added at Market Price by each sector

esh
ii. National Income.

S.no. Contents (Rs. in crores)

ail
(i) Net Factor Income from Abroad 20

(ii) Sales by A 1,000

Go y S
(iii) Sales by B 2,000

(iv) Change in Stock of B (-) 200

(v) Closing Stock of A 50

ka
ab

(vi) Opening Stock of A 100

en
(vii) Consumption of Fixed Capital by A and B 180
dd

(viii) Indirect Taxes Paid by A and B 120

(ix) Purchase of Raw Materials by A 500

uA

(x) Purchase of Raw Materials by B 600

(xi) Exports by B 70
Ed

25. Suppose there are only two firms, A and B in an imaginary economy. Firm A uses no raw material and produces [6]
cotton worth ₹ 50 lakhs. Firm A gives ₹ 20 lakhs to the workers as wages and keeps the remaining ₹ 30 lakhs to
be distributed as rent, interest and profits. Firm A sells its cotton to firm B, who uses it produce cloth. Firm B
sells the cloth produced to consumers for ₹ 200 lakhs and gives ₹ 60 lakhs as wages and keeps the remaining
income generated as profits.
Assuming no depreciation and indirect taxes or subsidies, calculate GDP by three methods.
26. Calculate National Income from the following. [3]

S.no. Contents (Rs. in arab)

(i) Net Current Transfers to Abroad (-) 15

(ii) Private Final Consumption Expenditure 600

(iii) Subsidies 20

(iv) Government Final Consumption Expenditure 100

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 (v) Indirect Tax 120

(vi) Net Imports 20

(vii) Consumption of Fixed Capital 35

(viii) Net Change in Stocks (-) 10

(ix) Net Factor Income to Abroad 5

(x) Net Domestic Capital Formation 110

27. Calculate Gross Fixed Capital Formation from the following data: [3]

Particulars (Rs) in Crore

Private final consumption expenditure 1,000

esh
Government final consumption expenditure 500

Net exports (-) 50

ail
Net factor income from abroad 20

Gross domestic product at market price 2,500

Go y S
Opening stock 300

Closing stock 200

ka
ab

28. Calculate Net National Product at Market Price from the following. [3]

S.no. Contents (Rs. in arab)

en
(i) Closing Stock 10
dd

(ii) Consumption of Fixed Capital 40

(iii) Private Final Consumption Expenditure 600

uA

(iv) Exports 50

(v) Opening Stock 20

Ed

(vi) Government Final Consumption Expenditure 100

(vii) Imports 60

(viii) Net Domestic Fixed Capital Formation 80

(ix) Net Current Transfers to Abroad (-) 10

(x) Net Factor Income to Abroad 30

29. Find out Gross National Product at Market Price and Net National Disposable Income from the following: [3]

Items (Rs.in Arab)

Opening stock 50

Private final consumption expenditure 1000

Net current transfers to abroad 5

Closing stock 40

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 Net factor income to abroad (-) 10

Government final consumption expenditure 300

Consumption of fixed capital 30

Net imports 20

Net domestic fixed capital formation 150

30. If the Nominal Gross Domestic Product = Rs. 4400 and the Price Index (base = 100) = 110, calculate the Real [3]
Gross Domestic Product.
31. Find out [4]
a. Gross National Product at Market Price and

esh
b. Net current Transfers from abroad.

Particulars (Rs. in Crore)

(i) Net national disposable income 1100

ail
(ii) Net indirect tax 120

(ii) Private final consumption expenditure 750

Go y S
(iv) Governemnt final consumption expenditure 250

(v) Net domestic capital formation

ka 200
ab

(vi) Net imports (-)40

(vii) Net factor income to abroad (-)20

en
dd

(viii) Depreciation 50

(ix) Change in stock 10

uA

32. From the following data, calculate the GDP at both (a) market price, and (b) factor cost. [4]

Items (? in crore)

(i) Gross investment 90

Ed

(ii) Net exports 10

(iii) Net indirect taxes 5

(iv) Depreciation 15

(v) Net factor income from abroad (-) 5

(vi) Private consumption expenditure 350

vii) Government purchases of goods and services 100

33. Final Gross National Product at Market Price from the given details. [4]

S.no. Content (Rs. in Crores)

(i) Private Final Consumption Expenditure 800

(ii) Net Current Transfers to Abroad 20

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 (iii) Net Factor Income to Abroad (-) 10

(iv) Government Final Consumption Expenditure 300

(v) Net Indirect Tax 150

(vi) Net Domestic Capital Formation 200

(vii) Current Transfers from Government 40

(viii) Depreciations 100

(ix) Net Imports 30

(x) Income Accuring to Government 90

esh
(xi) National Debt Interest 50

34. Find out [4]

a. Gross National Product at Market price

ail
b. Net current Transfers from abroad:

Items Go y S (Rs.in Crore)

Net indirect tax 35

Private final consumption expenditure 500

Net national disposable income 750

ka
ab

Closing stock 10
en
Government final consumption expenditure 150
dd

Net domestic fixed capital formation 100

Net factor income to abroad (-) 15

uA

Net imports 20

Opening stock 10
Ed

Consumption of fixed capital 50

35. From the following data calculate National Income by income and expenditure method: [4]

(₹ in Crore)

(i) Government final consumption expenditure 100

(ii) Subsidies 10

(iii) Rent 200

(iv) Wages and salaries 600

(v) Indirect Taxes 60

(vi) Private final consumption expenditure 800

(vii) Gross domestic capital formation 120

(viii) Social security contribution by employers 55

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 (ix) Royalty 25

(x) Net factor income paid to abroad 30

(xi) Interest 20

(xii) Consumption of fixed capital 10

(xiii) Profit 130

(xiv) Net Export 70

(xv) Change in stock 50

36. Calculate National Income and Net National Disposable Income from the following: [4]

Items (Rs.in Arab)

esh
Net change in stocks 50

Government final consumption expenditure 100

ail
Net current transfers to abroad 30

Gross domestic fixed capital formation 200

Go y S
Private final consumption expenditure 500

Net imports ka 40
ab

Depreciation 70

Net factor income to abroad (-) 10

en
Net indirect tax 120
dd

Net capital transfers to abroad 25

uA

37. Calculate Net Domestic Product at Market Price. [4]

S.no. Contents (Rs. in Crores)

(i) Private Final Consumption Expenditure 400

Ed

(ii) Opening Stock 10

(iii) Consumption of Fixed Capital 25

(iv) Import 15

(v) Government Final Consumption Expenditure 90

(vi) Net Current Transfers to Rest of the World 5

(vii) Gross Domestic Fixed Capital Formation 80

(viii) Closing Stock 20

(ix) Exports 10

(x) Net Factor Income to Abroad (-) 5

38. Calculate ‘Net Domestic Product at Factor Cost’. [4]

S.no. Contents (Rs. in Crores)

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 (i) Net Current Transfers to Abroad 15

(ii) Private Final Consumption Expenditure 800

(iii) Net Imports (-) 20

(iv) Net Domestic Capital Formation 100

(v) Net Factor Income to Abroad 10

(vi) Depreciation 50

(vii) Change in Stocks 17

(viii) Net Indirect Tax 120

esh
(ix) Government Final Consumption Expenditure 200

(x) Exports 30

39. From the following data calculate Gross National Product at Factor Cost by (i) income method and (ii) [4]

ail
expenditure method.

S.no. Contents (Rs. in Crores)

Go y S
(i) Government Final Consumption Expenditure 200

(ii) Private Final Consumption Expenditure 400

ka
ab

(iii) Profits 160

(iv) Net Indirect Taxes 60

en
(v) Rent 70
dd

(vi) Interest 50
uA

(vii) Compensation of Employees 300

(viii) Exports 65

(ix) Imports 75
Ed

(x) Gross Domestic Capital Formation 80

(xi) Consumption of Fixed Capital 10

(xii) Net Factor Income to Abroad 50

40. In an imaginary economy, suppose there are only two kinds of producers - farmers and bakers (bread makers). [4]
Farmers produced wheat worth ₹ 100 crores with no intermediate costs. They sold ₹ 50 crores worth of wheat to
the bakers, who used this amount of wheat completely during the year and produced ₹ 200 crores worth of
bread. Value of capital consumption is ₹ 10 crore.
Calculate GDP and NDP by (i) Value Added method, and (ii) Expenditure method.
41. Calculate Gross National Product at Factor Cost by: [6]
i. income method, and
ii. expenditure method, from the following data:

S.no. Contents (Rs. in Crores)

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 (i) Private Final Consumption Expenditure 800

(ii) Government Final Consumption Expenditure 300

(iii) Compensation of Employees 600

(iv) Net Imports 50

(v) Gross Domestic Capital Formation 150

(vi) Consumption of Fixed Capital 20

(vii) Net Indirect Taxes 100

(viii) Net Factor Income From Abroad (-) 70

esh
(ix) Dividend 150

(x) Rent 120

(xi) Interest 80

ail
(xii) Undistributed Profits 80

(xiii) Social Security Contributions by Employers 60

Go y S
(xiv) Corporate Tax 50

42. Calculate National Income by Expenditure Method and Income Method:

ka [6]
ab

Particulars (Rs. in Crore)

Private final consumption expenditure 210

en
Government final consumption expenditure 50
dd

Net fixed domestic capital formation 40

uA

Net exports (-)5

Wages and salaries 170

Employer's contribution to provident fund 10

Ed

Profit 45

Interest 20

Indirect taxes 30

Subsidies 5

Rent 10

Net factor income from abroad 3

Consumption of fixed capital 25

Royalty 15

43. Calculate Net Domestic Product at Factor Cost by the expenditure method and the production method: [6]

(₹ in crores)

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 (i) Value of output in the economic territory 4,100

(ii) Net imports (-) 50

(iii) Intermediate purchases by the primary sector 600

(iv) Private final consumption expenditure 1,450

(v) Intermediate purchases by the secondary sector 700

(vi) Government final consumption expenditure 400

(vii) Net domestic fixed capital formation 200

(viii) Intermediate purchases by the tertiary sector 700

esh
(ix) Net change in stocks (-) 50

(x) Indirect taxes 100

(xi) Consumption of fixed capital 50

ail
44. Calculate: (a) Domestic Income; (b) Compensation of employees. [6]

Particulars (₹) In Cross

Go y S
(i) Net factor income from abroad -20

(ii) Net exports 10

ka
ab

(iii) Net indirect taxes 50

(iv) Rent and royalty 20

en
(v) Consumption of fixed capital 10
dd

(vi) Private final consumption expenditure 400

uA

(vii) Corporate tax 10

(viii) Interest 30

(ix) Net domestic capital formation 50

Ed

(x) Dividends 22

(xi) Government final consumption expenditure 100

(xii) Undistributed profits 5

(xiii) Mixed Income 23

45. From the following data, calculate Gross National Product at Market Price by: [6]
a. Income Method and
b. Expenditure Method

Items (Rs. in Crore)

Mixed-income of self-employed 400

Compensation of employees 500

Private final consumption expenditure 900

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 Net factor income from abroad (-)20

Net indirect taxes 100

Consumption of fixed capital 120

Net domestic capital formation 280

Net exports (-30)

Profits 350

Rent 100

Interest 150

esh
Government final consumption expenditure 450

46. Find out [6]

a. Gross National Product at Market price and

ail
b. Net current Transfers to abroad:
Go y S Items (Rs.in Crore)

Private final consumption expenditure 1000

Depreciation 100

Net national disposable income 1500

ka
ab

Closing stock 20
en
Government final consumption expenditure 300
dd

Net indirect tax 50

Opening stock 20
uA

Net domestic fixed capital formation 110

Net exports 15
Ed

Net factor income abroad (-) 10

47. From the following data calculate Gross National Product at Factor Cost by (a) Income Method and (b) [6]
expenditure method:

Items (₹ in crore)

(i) Net domestic capital formation 500

(ii) Compensation of employees 1,850

(iii) Consumption of fixed capital 100

(iv) Government final consumption expenditure 1,100

(v) Private final consumption expenditure 2,600

(vi) Rent 400

(vii) Dividend 200

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 (viii) Interest 500

(ix) Net exports (-) 100

(x) Profit 1,100

(xi) Net factor income from abroad (-) 50

(xii) Net indirect taxes 250

48. From the data given below estimate (i) Net Domestic Product at factor cost by expenditure method, (ii) Net [6]
National Product at factor cost by value-added method:

(₹ in crore)

(i) Gross domestic capital formation 250

esh
(ii) Net exports (-) 50

(iii) Private final consumption expenditure 900

ail
(iv) Value of output of

(a) Primary sector 900

Go y S
(b) Secondary sector 800

(c) Tertiary sector 400

(v) Value of intermediate consumption by

ka
ab

(a) Primary sector 400

en
(b) Secondary sector 300
dd

(c) Tertiary sector 100

(vi)Consumption of fixed capital 80

uA

(vii) Indirect taxes 100

(viii) Government final consumption expenditure 100

Ed

(ix) Subsidies 10

(x) Net factor income from abroad (-) 20

49. Calculate Gross National Product at Factor Cost from the following data by [6]
i. Income method and
ii. Expenditure method.

S.no. Contents (Rs. in crores)

(i) Private Final Consumption Expenditure 1,000

(ii) Net Domestic Capita! Formation 200

(iii) Profits 400

(iv) Compensation of Employees 800

(v) Rent 250

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 (vi) Government Final Consumption Expenditure 500

(vii) Consumption of Fixed Capital 60

(viii) Interest 150

(ix) Net Current Transfer from Rest of the World (-) 80

(x) Net Factor Income from Abroad (-) 10

(xi) Net Exports (-) 20

(xii) Net Indirect Taxes 80

50. Calculate Gross Fixed Capital Formation from the following data: [6]

Items (₹ in crore)

esh
(i) Private final consumption expenditure 1,000

(ii) Government final consumption expenditure 500

ail
(iii) Net exports (-) 50

(iv) Net factor income from abroad 20

Go y S
(v) Gross domestic product at market price 2,500

(vi) Opening stock 300

ka
ab

(vii) Closing stock 200

51. Calculate Net National Product at Market Price from the following data. [3]
en
S.no. Contents (Rs. in Crores)
dd

(i) Net Current Transfers to Abroad 30

(ii) Mixed-Income 600

uA

(iii) Subsidies 20

(iv) Operating Surplus 200

Ed

(v) National Debt Interest 70

(vi) Net Factor Income to Abroad 10

(vii) Compensation of Employees 1,400

(viii) Indirect Tax 100

(ix) Domestic Product Accruing to Government 350

(x) Current Transfers by Government 50

52. Calculate Gross National Product at Market Price from the following. [3]

S.no. Contents (Rs. in arab)

(i) Net Factor Income to Abroad (-) 10

(ii) Net Current Transfers to Abroad 20

(iii) Wages and Salaries 400

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 (iv) Corporation Tax 50

(v) Profit after Corporation Tax 150

(vi) Social Security Contributions by Employers 50

(vii) Rent 100

(viii) Interest 70

(ix) Mixed-Income of Self-Employed 300

(x) Net Indirect Tax 140

(xi) Consumption of Fixed Capital 80

esh
53. Calculate Net Domestic Product at Factor Cost and Net National Disposable Income. [3]

Items (Rs.in Crore)

Net Factor income to abroad 30

ail
Sales 2000

Subsidies 20
Go y S
Consumption of fixed capital 50

Net current transfer to abroadka (-) 10

ab

Closing stock 100

Opening stock 200

en
dd

Intermediate costs 1000

Indirect tax 150

uA

54. Calculate Gross National Product at Market Price from the following data: [3]

Items (Rs.in Crores)

Compensation of employees 2,000

Ed

Interest 500

Rent 700

Profits 800

Employer’s contribution to social security schemes 200

Dividends 300

Consumption of fixed capital 100

Net indirect taxes 250

Net exports 70

Net factor income to abroad 150

Mixed income of self-employed 1,500

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55. Calculate Operating Surplus from the following data: [3]

Items (₹ in crore)

(i) Compensation of employees 300

(ii) Indirect taxes 200

(iii) Consumption of fixed capital 100

(iv) Subsidies 50

(v) Gross domestic product at market price 600

56. Calculate Gross National Product at Market Price from the following data. [4]

S.no. Contents (Rs. in crores)

esh
(i) Net Current Transfers from Abroad (-) 10

(ii) Compensation of Employees 800

ail
(iii) Net Indirect Tax 50

(iv) Social Security Contributions by Employers 80

Go y S
(v) Consumption of Fixed Capital 30

(vi) Rent 300

ka
ab

(vii) Net Factor Income to Abroad 10

(viii) Interest Paid by Production Units 400

en
(ix) Royalty 40
dd

(x) National Debt Interest 14

(xi) Profit after Tax 250

uA

(xii) Retained Earnings 20

(xiii) Corporation Tax 50

Ed

57. Calculate National Income from the given information. [4]

S.no. Contents (Rs. in Lakhs)

(i) Compensation of employee 2,000

(ii) Rent 400

(iii) Profit 900

(iv) Dividend 100

(v) Interest 500

(vi) Mixed income of self-employed 7,000

(vii) Net factor income to abroad 50

(viii) Net exports 60

(ix) Net indirect taxes 300

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 (x) Depreciation 150

(xi) Net current transfer to abroad 30

58. Calculate Gross National Product at Factor Cost by [4]

a. Income method and
b. Expenditure method.

Items (Rs.in Crore)

Net domestic capital formation 500

Compensation of employees 1850

Consumption of fixed capital 100

esh
Government final consumption expenditure 1100

Private final consumption expenditure 2600

ail
Rent 400

Dividend 200
Go y S
Interest 500

Net exports (-) 100

Profits
ka 1100
ab

Net factor income from abroad (-) 50

en
Net indirect tax 250
dd

59. Calculate National Income. [4]

S.no. Contents (Rs. in arab)

uA

(i) Social Security Contributions by Employees 90

(ii) Wages and Salaries 800

Ed

(iii) Net Current Transfers to Abroad (-) 30

(iv) Rent and Royalty 300

(v) Net Factor Income to Abroad 50

(vi) Social Security Contributions by Employers 100

(vii) Profit 500

(viii) Interest 400

(ix) Consumption of Fixed Capital 200

(x) Net Indirect Tax 250

60. Calculate Net Domestic Product at Market Price from the given details. [4]

S.no. Contents (Rs. in Crores)

(i) Compensation of Employees 4,000

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 (ii) Dividend 500

(iii) Mixed Income 8,000

(iv) Social Security Contribution by Employers 400

(v) Net Factor Income to Abroad 600

(vi) Net Indirect Taxes 1,000

(vii) Rent 800

(viii) Consumption of Fixed Capita! 1,200

(ix) Profit 1,500

esh
(x) Net Current Transfers to Rest of the World 200

(xi) Interest 70

61. From the following data calculate Gross National Product at Market Price. [4]

ail
S.no. Contents (Rs. in Crores)

(i) Dividends 300

Go y S
(ii) Compensation of Employees 3,000

(iii) Rent ka 500

ab

(iv) Depreciation 200

(v) Interest 800

en
dd

(vi) Net Factor Income to Abroad 100

(vii) Mixed-Income 5,000

uA

(viii) Net Indirect Taxes 400

(ix) Profit 1,500

(x) Net Current Transfers to Abroad (-) 50

Ed

62. Calculate the National Income and private income. [4]

S.no. Contents (Rs. in Crores)

(i) Rent 200

(ii) Net Factor Income to Abroad 10

(iii) National Debt Interest 15

(iv) Wages and Salaries 700

(v) Current Transfers from Government 10

(vi) Undistributed Profits 20

(vii) Corporation Tax 30

(viii) Interest 150

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 (ix) Social Security Contributions by Employers 100

(x) Net Domestic Product Accruing to Government 250

(xi) Net Current Transfers to Rest of the World 5

(xii) Dividends 50

63. From the following data calculate. Net Domestic Product at Market Price. [4]

S.no. Contents (Rs. in Crores)

(i) Interest 600

(ii) Net Current Transfers from Rest of the World 200

(iii) Consumption of Fixed Capital 800

esh
(iv) Rent 700

(v) Net Factor Income from Abroad 100

ail
(vi) Net Indirect Taxes 850

(vii) Profit 1,200

Go y S
(viii) Social Security Contribution by Employers 700

(ix) Mixed income of Self Employed 8,000

ka
ab

(x) Compensation of Employees 5,000

(xi) Dividend 400

en
64. From the following data, calculate National Income by [4]
dd

a. Income Method and

b. Expenditure Method.
uA

Items (Rs.in Crore)

Net domestic capital formation 360

Ed

Interest 200

Rent 300

Private final consumption expenditure 1300

Government final consumption expenditure 730

Net exports (-) 20

Net indirect tax 70

Net current transfer from rest of the world 80

Consumption of fixed capital 60

Net factor income from abroad (-) 50

Profits 600

Compensation of employees 1200

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65. From the following data, calculate: [4]
a. Personal Disposable Income and
b. National Income

Items (Rs. in Crore)

Private income 3,000

Compensation of employees 800

Mixed income of self-employed 900

Net factor income from abroad (-) 50

Net retained earnings of private enterprises 600

esh
Rent 350

Profit 600

ail
Consumption of fixed capital 200

Direct taxes paid by households 300

Go y S
Corporation tax 350

Net indirect taxes 250

Net exports (-) 70

ka
ab

Interest 450
en
66. i. Although India’s GDP is increasing the welfare of the people is not increasing with that pace. Do you think [6]
dd

the concept of Green GNP should be followed?

ii. Calculate a) GDPFC from the following data
uA

Items Rs (in crores)

i) Rent 1400

ii) Royalty 200

Ed

iii) Interest 1500

iv) Wages and salaries 800

v) Profit 500
vi) Mixed-income 1000

vii) Depreciation 70

viii) Employer’s contribution to social security schemes 200

67. Given the following data and using the income method calculate: [6]
a. Net Domestic Income
b. Gross Domestic Income
c. Net National Income
d. Net National Product at Market Price

Items (₹ in crore)

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 (i) Indirect taxes 9000

(ii) Subsidies 1800

(iii) Depreciation 1700

(iv) Mixed income of self-employed 28000

(v) Operating surplus 10000

(vi) Net factor income from abroad -3000

(vii) Compensation of employees 24000

68. From the following data, calculate National Income by: [6]
i. Income Method and

esh
ii. Expenditure Method

Particulars (Rs. in Crore)

ail
Private final consumption expenditure 2000

Net Domestic Capital Formation

Go y S 400

Change in Stock 50

Compensation of employees` 1900

Rent 200
ka
ab

Interest 150
en
Operating surplus 720
dd

Net indirect taxes 400

Employer's contribution to social security schemes 100

uA

Net exports 20

Net factor income from abroad (-20)

Ed

Government final consumption expenditure 600

Consumption of fixed capital 100

69. From the following data, calculate (i) Gross Domestic Product at Factor Cost and (ii) Factor Income to Abroad. [6]

S.no. Contents (Rs. in crores)

(i) Compensation of Employees 800

(ii) Profits 200

(iii) Dividends 50

(iv) Gross National Product at Market Price 1,400

(v) Rent 150

(vi) Interest 100

(vii) Gross Dom estic Capital Form ation 300

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 (viii) Net Fixed Capital Formation 200

(ix) Change in Stock 50

(x) Factor Income from Abroad 60

(xi) Net Indirect Taxes 120

70. Calculate from the following data: [6]

a. Gross Domestic Product at Market Price and
b. Factor Income from Abroad

Items (Rs.in Crore)

Profits 500

esh
Exports 40

Compensation of employees 1500

Gross national product at factor cost 2800

ail
Net current transfers from rest of the world
Go y S 90

Rent 300

Interest 400

Factor income to abroad 120

ka
ab

Net indirect taxes 250

en
Net domestic capital formation 650
dd

Gross fixed capital formation 700

Change in stock 50
uA

71. Calculate from the following data: [6]

a. Gross Domestic Product at Factor Cost and
Ed

b. Factor Income to Abroad.

Items (Rs. in Crore)

Gross National Product at factor cost 3750

Compensation of employees 2000

Net exports (-) 50

Profit 700

Net Domestic capital formation 1000

Opening stock 150

Closing stock 250

Gross fixed capital formation 1050

Interest 600

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 Rent 400

Factor income from abroad 20

72. Calculate (a) GDPmp (b) Factor income earned from Abroad: [6]

(₹ Crore)

(i) GNPFC 2800

(ii) Profit 500

(iii) Export 40

(iv) Compensation of Employees 1500

esh
(v) Change in Stock 50

(vi) Net Indirect Tax 250

(vii) Net domestic capital formation 650

ail
(viii) Gross domestic fixed capital formation 700

(ix) Net current transfers from rest of the world 90

Go y S
(x) Factor income paid abroad 120

(xi) Interest ka 400

ab

(xii) Rent 300

73. Calculate Net Domestic Product at Market Price and Private Income from the following: [6]
en
Items (Rs.in Arab)
dd

Income from domestic product accruing to government 120

uA

Wages and salaries 400

National debt interest 60

Profit 200
Ed

Net factor income abroad (-) 20

Rent 100

Current transfers from government 30

Interest 150

Social security contribution by employers 50

Net indirect tax 70

Net current transfers to abroad (-) 10

74. Calculate GNP at FC from the following data by [6]

i. income method and
ii. Expenditure method

Particulars (Rs) In Crore

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 Wages and salaries 800

Mixed-income of self-employed 160

Operating surplus 600

Undistributed profit 150

Gross capital formation 330

Change in stocks 25

Net capital formation 300

Employers’ contribution to social security schemes 100

esh
Net factor income from abroad (-) 20

Exports 30

Imports 60

ail
Private final consumption expenditure 1000

Government final consumption expenditure 450

Go y S
Net indirect taxes 60

Compensation of employees paid by the government

ka 75
ab

75. Calculate from the following: [6]

a. Net National Product at Market Price and
en
b. Private Income
dd

Items (Rs.in Crore)

Net current transfer to abroad 30

uA

Mixed income 600

Subsidies 20
Ed

Operating surplus 200

National debt interest 70

Net factor income to abroad 10

Compensation of employees 1400

Indirect tax 100

Domestic product accruing to government 350

Current transfer by government 50

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