Anand Niketan

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Ch.20 National Income (Numerical)
Q1. Calculate Net National Product at Market Price :

(₹ in Crores)
(i) Gross Domestic Fixed Capital Formation 400
(ii) Private Final Consumption Expenditure 8000
(iii) Government Final Consumption Expenditure 3000
(iv) Change in stock 50
(v) Consumption of Fixed Capital 40
(vi) Net Indirect Taxes 100
(vii) Net Exports - 60
(viii) Net Factor Income to Abroad -80
(ix) Net Current Transfer from Abroad 100
(x) Dividend 100

Q2. Calculate National Income

(₹ in Crores)
(i) Net Factor Income to Abroad -50
(ii) Net Indirect Taxes 800
(iii) Net Current Transfers from rest of the world 100
(iv) Net Imports 200
(v) Private final Consumption Expenditure 5000
(vi) Government Final Consumption Expenditure 3000
(vii) Gross Domestic Capital Formation 1000
(viii) Consumption of Fixed Capital 150
(ix) Change in stock -50
(x) Mixed Income 4000
(xi) Scholarship to students 80

Q3. Calculate Net Domestic product at Factor Cost

(₹ in Crores)
(i) Private final Consumption Expenditure 8000
(ii) Government Final Consumption Expenditure 1000
(iii) Exports 70
(iv) Imports 120
(v) Consumption of Fixed Capital 60
(vi) Gross Domestic Fixed Capital Formation 500
(vii) Change in stock 100
(viii) Factor income to abroad 40
(ix) Factor income from abroad 90
(x) Indirect Taxes 700
(xi) Subsidies 50
(xii) Net Current transfer to abroad -30
Q4. Calculate National Income

(₹ in Crores)

(i) Corporation Tax 100

(ii) Private Final Consumption Expenditure 900
(iii) Personal Income Tax 120
(iv) Government Final Consumption Expenditure 200
(v) Undistributed Profits 50
(vi) Change in Stocks -20
(vii) Net Domestic Fixed Capital Formation 120
(viii) Net Imports 10
(ix) Net Indirect Taxes 150
(x) Net Factor income from abroad -10
(xi) Private Income 1000

Q5. Calculate Net National Product at Market Price :

(₹ in Crores)
(i) Net Current transfers to abroad 10
(ii) Private Final Consumption expenditure 500
(iii) Current transfers from the Government 30
(iv) Net Factor Income to abroad 20
(v) Net Exports -20
(vi) Net Indirect Tax 120
(vii) National Debt Interest 70
(viii) Net Domestic Capital Formation 80
(ix) Income accruing to government 60
(x) Government Final Consumption Expenditure 100

Q6. Find Gross National Product at Market Price :

(₹ in Crores)
(i) Private Final Consumption Expenditure 800
(ii) Net Current Transfers to abroad 20
(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) Depreciation 100
(ix) Net Imports 30
(x) Income accruing to government 90
(xi) National Debt Interest 50
Q7 Calculate National Income

(₹ in Crores)

(i) Net Imports 5

(ii) Net Domestic Capital Formation 15
(iii) Personal Income 90
(iv) National Debt Interest 10
(v) Corporate Tax 25
(vi) Government Final Consumption Expenditure 20
(vii) Nat Factor Income to Abroad -5
(viii) Net Indirect Tax 10
(ix) Undistributed Profits 0
(x) Private Final Consumption Expenditure 100

Q8 Calculate Net Domestic Product at Market Price

(₹ in Crores)
(i) Private Final Consumption Expenditure 400
(ii) Opening Stock 10
(iii) Consumption of fixed capital 25
(iv) Imports 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

Q9 Calculate Net National Product at Market Price

(₹ in Crores)
(i) Transfer payments by government 7
(ii) Government Final Consumption Expenditure 50
(iii) Net Imports -10
(iv) Net Domestic Fixed Capital Formation 60
(v) Private Final Consumption Expenditure 300
(vi) Private Income 280
(vii) Net Factor Income to abroad -5
(viii) Closing Stock 8
(ix) Opening Stock 8
(x) Depreciation 12
(xi) Corporate Tax 60
(xii) Retained earnings of Corporations 20
Q10 Calculate Net Domestic Product at Factor Cost

(₹ in Crores)

(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
(ix) Government Final Consumption Expenditure 200
(x) Exports 30

Q11. Calculate National Income

(₹ in Crores)

(i) Personal Tax 80

(ii) Private Final Consumption Expenditure 600
(iii) Undistributed Profits 30
(iv) Private Income 650
(v) Government Final Consumption Expenditure 100
(vi) Corporate Tax 50
(vii) Net Domestic Fixed Capital Formation 100
(viii) Net Indirect Tax 60
(ix) Depreciation 14
(x) Change in stocks -10
(xi) Net Imports 20
(xii) Net Factor income to abroad 10

Q12 Calculate National Income from the following

(₹ in Crores)
(i) Net Imports 60
(ii) Net Current Transfers to Abroad -10
(iii) Net Domestic Fixed Capital Formation 300
(iv) Government Final Consumption Expenditure 200
(v) Private Final Consumption Expenditure 700
(vi) Consumption of Fixed Capital 70
(vii) Net Change in Stocks 30
(viii) Net Factor Income to Abroad 20
(ix) Net Indirect Tax 100
Q13 Calculate Net National Product at Market Price from the following

(₹ in Crores)

(i) Closing Stock 15

(ii) Consumption of Fixed Capital 40
(iii) Private Final Consumption Expenditure 600
(iv) Exports 50
(v) Opening Stocks 20
(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
Q14. Calculate National Income from the following :

(₹ in Crores)

(i) Net Change in Stocks 50

(ii) Government Final Consumption Expenditure 100
(iii) Net Current transfers to abroad 30
(iv) Gross Domestic Fixed Capital Formation 200
(v) Private Final Consumption Expenditure 500
(vi) Net Imports 40
(vii) Depreciation 70
(viii) Net Factor Income to Abroad -10
(ix) Net Indirect Tax 120
(x) Net Capital Transfers to Abroad 25
Q15. Calculate Net Domestic Product at factor cost from the following:

(₹ in Crores)
(i) Net current Transfers to Abroad 5
(ii) Government Final Consumption Expenditure 100
(iii) Net Indirect Tax 80
(iv) Private Final Consumption Expenditure 300
(v) Consumption of Fixed Capital 20
(vi) Gross Domestic Fixed Capital formation 50
(vii) Net Imports -10
(viii) Closing Stocks 25
(ix) Opening Stock 25
(x) Net Factor Income to Abroad 10

Q16. Calculate National Income from the following

(₹ in Crores)

(i) Net Current Transfers to Abroad -15

(ii) Private Final Consumption Expenditure 600
(iii) Subsidies 20
(iv) Government Final Consumption Expenditure 100
(v) Indirect Taxes 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
Q17. Calculate Gross Fixed capital formation from the following data :

(₹ in Crores)
(i) Private Final Consumption Expenditure 1000
(ii) Government Final Consumption Expenditure 500
(iii) Net Exports -50
(iv) Net Factor Income from Abroad 20
(v) Gross Domestic Product at Market Price 2500
(vi) Opening Stock 300
(vii) Closing Stock 200

Q18. Find NDP at factor cost from the following data :

(₹ in Crores)
(i) Gross Domestic Fixed Investment 10000
(ii) Inventory Investment 5000
(iii) Depreciation 2000
(iv) Indirect Taxes 1000
(v) Subsidies 2000
(vi) Consumption Expenditure 20000
(vii) Residential Construction Investment 6000
Q19. From the following data, calculate the GDP at both
(a) Market Price
(b) Factor Cost
(₹ in Crores)

(i) Gross Investments 90

(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
Q20. Calculate the gross national product at factor cost from the following data :

(₹ in Crores)

(i) Net Domestic Fixed Capital Formation 350

(ii) Closing Stock 100
(iii) Government Final Consumption Expenditure 200
(iv) Net Indirect Tax 50
(v) Opening Stock 60
(vi) Consumption of Fixed Capital 50
(vii) Net Exports -10
(viii) Private Final Consumption Expenditure 1500
(ix) Imports 20
(x) Net Factor Income from Abroad -10
Q21. Calculate the Gross Domestic Product at Market price from the following data:

(₹ in Crores)

(i) Consumption of Fixed Capital 50

(ii) Closing Stock 40
(iii) Private Final Consumption Expenditure 500
(iv) Opening Stock 60
(v) Net Factor Income from Abroad -35
(vi) Exports 25
(vii) Government Final Consumption Expenditure 200
(viii) Imports 40
(ix) Net Indirect Tax 100
(x) Net Domestic Capital Formation 300
Q22. Calculate the national income from the following data :

(₹ in Crores)
(i) Gross Domestic Capital formation 100
(ii) Net Change in Stocks 10
(iii) Consumption of Fixed Capital 20
(iv) Private Final Consumption Expenditure 500
(v) Government Final Consumption Expenditure 200
(vi) Exports 80
(vii) Imports 70
(viii) Net Indirect Tax 60
(ix) Net Factor income received from Abroad -10

Q23. Calculate NNP at MP from the following data :

(₹ in Crores)

(i) Household final consumption expenditure 1000

(ii) Net Domestic Fixed capital formation 100
(iii) Government final consumption expenditure 200
(iv) Final consumption expenditure of private non profit serving households 50
(v) Net change in stocks 40
(vi) Net Exports -20
(vii) Net factor income from abroad 10
(viii) Indirect taxes 70
(ix) Subsidies 20
Q24. Calculate GNP at MP from the following data :

(₹ in Crores)
(i) Government Final Consumption Expenditure 300
(ii) Net Domestic Fixed Capital formation 200
(iii) Private Final consumption Expenditure 2000
(iv) Consumption of Fixed Capital 40
(v) Closing Stock 50
(vi) Opening Stock 40
 (vii) Net Exports -5
(viii) Net Indirect Tax 30
(ix) Net Factor Income from Abroad -10
Q25. Calculate net value added at factor cost from the following data :

(₹ in Crores)
(i) Indirect Tax 60
(ii) Closing Stock 100
(iii) Sales 1000
(iv) Intermediate Cost 420
(v) Opening Stock 80
(vi) Consumption of Fixed Capital 50
(vii) Subsidies 10
Q26. Find value added by Firm X from the following data :

(₹ in Crores)
(i) Sales by Firm X to Firm Z 200
(ii) Purchase by Firm Y from Firm X 100
(iii) Sales by firm Z to firm X 150
(iv) Closing stock of Firm X 40
(v) Closing stock of Firm Z 30
(vi) Opening stock of Firm X 50

Q27. A farmer purchases ₹1000 worth of seeds, ₹2000 worth of fertilisers and pays₹ 1500 as water
charges to raise a wheat crop. He produces 50 quintals of wheat and sells the same at ₹200
per quintal. Calculate value added by the farmer.

Q28. There are two firms A and B . A buys ₹200 worth of raw materials from B. B buys ₹300
worth of raw materials from A. The value of total output of firm A is ₹1000 and that of B is
₹1500. Find out value added by A and B. What measure of value added is this?
Q29. Calculate NDP at factor cost

(₹ in Crores)
(i) Net Domestic Fixed Capital formation 70
(ii) Private Final Consumption Expenditure 300
(iii) Exports 20
(iv) Consumption of Fixed Capital 10
(v) Closing stock 15
(vi) Imports 30
(vii) Opening Stock 5
(viii) Net Indirect Tax 80
(ix) Net Factor Income to Abroad -10
Q30. Calculate National Income

(₹ in Crores)

(i) Net Imports 15

(ii) Net Current Transfers from Abroad 10
(iii) Goods and Services tax (GST) 30
(iv) Net Change in Stocks 5
(v) Net Domestic Capital Formation 60
 (vi) Private Final Consumption Expenditure 350
(vii) Government Expenditure on providing free services 75
(viii) Depreciation 10
(ix) Net factor Income to Abroad -15
(x) Subsidies 5
Q 31. Calculate NNP at MP :

(₹ in Crores)

(i) Gross Domestic Fixed Capital Formation 80

(ii) Government Final Consumption Expenditure 150
(iii) Closing Stock 20
(iv) Private Final Consumption Expenditure 500
(v) Net Domestic Capital Formation 70
(vi) Opening Stock 20
(vii) Net Imports -30
(viii) Factor Income paid to Abroad 15
(ix) Net Indirect Ta 40
(x) Factor Income received from Abroad 10