Of the 21 crore households in need of financial inclusion, banks reach out to around 5 crore households through self-help groups.
Net National Product at Factor Cost of a particular country in a year is Rs. 1900 crores. There are no interest payments made by the households to the firms/government to the households. The personal disposable income of the households is 1200 crores. The personal income taxes paid by them is 600 crores and the value of retained earnings of the firms and government is valued at 200 crores. What is the value of transfer payments made by the government and firms to the households?
Q. Consider the following statements about “Small Finance Banks” in India:
Which of the above given statements are correct?
From the following data calculate personal disposable income:
(Rs in Crores)(i)Net domestic product at factor cost accruing to private sector800(ii)National Debt interest50(iii)Current transfers from government70(iv)Savings of private corporate sector200(v)Corporation tax40(vi)Direct taxes paid by households30(vii)Depreciation60(viii)Net factor income from abroad20(ix)Net current transfers to abroad(−)10