Domestic product is equal to :

National product + Net factor income from abroad

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National product - Net factor income from abroad

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National product $\div$ Net factor income from abroad

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National product $\times$ Net factor income from abroad

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Solution

The correct option is B
National product - Net factor income from abroad

Domestic product is "National product - Net factor income from abroad".

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From the following data, calculate Personal Income and Personal Disposable Income.

		Rs (crore)
(a)	Net Domestic Product at factor cost	8,000
(b)	Net Factor Income from abroad	200
(c)	Undisbursed Profit	1,000
(d)	Corporate Tax	500
(e)	Interest Received by Households	1,500
(f)	Interest Paid by Households	1,200
(g)	Transfer Income	300
(h)	Personal Tax	500

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