Calculate Gross National Disposable Income and

CBSE Class 12 CBSE Class 12 Economics
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1

Calculate (a) Gross National Disposable Income and (b) Personal income from the following data:

2

(a) Gross National Disposable Income = ND${{P}{FC}}$ + NFIA + Net Indirect Taxes - Net Current Transfers to Abroad + Consumption of Fixed Capital
= 800 + (-50) +110 -10 + 50 = Rs.900 crore
(b) Personal Income =ND${{P}{FC}}$ - Domestic Product accruing to Government + NFIA + Current Transfers by Government - Net Current Transfers to Abroad + National Debt Interest - Corporation Tax - Retained Earnings of Private Corporation
=800 - 70 + (-50) + 40-10+80-60-10 = 920 - 200 = Rs. 720 crore