Sandeep Garg Macroeconomics Class 12 Chapter 4 Pdf Repack 🎁 Editor's Choice

Calculate National Income by Income and Expenditure method.

| Item | (₹ crores) | | :--- | :--- | | Compensation of Employees | 800 | | Rent | 150 | | Interest | 100 | | Profit | 200 | | Net Indirect Taxes | 100 | | Depreciation | 50 | | Net Exports | (-20) | | Govt. Final Consumption Exp. | 300 | | Pvt. Final Consumption Exp. | 1000 | | Net Domestic Capital Formation | 200 | sandeep garg macroeconomics class 12 chapter 4 pdf repack

1. National Income (NNP at FC) = NDP at FC + NFIA 2. NDP at FC = GDP at MP – Depreciation – NIT 3. NIT = Indirect Taxes – Subsidies 4. NFIA = Factor Income from Abroad – Factor Income to Abroad 5. Private Income = NNP at FC – Income from Domestic Product Accruing to Govt Sector + Net Current Transfers from Abroad + National Debt Interest 6. Personal Disposable Income = Private Income – Corporation Tax – Savings of Private Corp. Let’s repack a typical board exam question from Chapter 4. Calculate National Income by Income and Expenditure method