Question

Calculate National Income.

$\begin{array}{cc}& \text{(Rs.in crore)}\\ \text{(i) Net current transfer}& 30\\ \text{from rest of the world}& \\ \text{(ii) Private final}& 400\\ \text{consumption expenditure}& \\ \text{(iii) Net domestic capital formation}& 100\\ \text{(iv) Change in stock}& 50\\ \text{(v) Depreciation}& 20\\ \text{(vi) Government final}& 200\\ \text{consumption expenditure}& \\ \text{(vii) Net exports}& 40\end{array}$

Answer 1

$NN{P}_{\text{pc}}$

= (ii) + (iii) + (vi) + (vii) - (ix) - (viii)

= Private final consumption expenditure + Net domestic capital formation + Government final consumption expenditure + Net exports

= 400 + 100 + 200 + 40 = Rs.740 crore