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Question

If NDPFC is Rs.1,000 crores and NFIA (Net Factor Income from Abroad) is ()Rs.5 crores. Calculate the national income.

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Solution

NNP(at factor cost) or National Income = NDP(at factor cost) + NFIA
= 1000 +(-)5
= 1000 - 5 = RS 995 CRORES
ANSWER: National Income= Rs 995 crores

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