Calculate Net National Disposable Income

CBSE Class 12 CBSE Class 12 Economics
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1

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

2

(a) Net National Disposable Income = NN${{P}_{FC}}$ .

  • Net Indirect Taxes + Net Current Transfers from Abroad =2500 +180 + 20 = Rs. 2700 crore
    (b) Personal Income = NN${{P}_{FC}}$ - Domestic Product accruing to Government + Net Current Transfers from Abroad + Current Transfers from Government + National Debt Interest - Corporation Tax -Retained Earnings of Private Corporations
    = 2500 - 500 + 20 + 30 +100 -70-80= Rs. 2000 crore