NATIONAL INCOME ASSIGNMENT

Question No.1= Calculate (a) GVAfc (b) GVAmp (c) NVAfc

S.No Items Rupees
1 Sales 12250
2 Consumption of fixed capital 700
3 Opening stock 7000
4 Closing stock 9000
5 Net Indirect tax 1500
6 Value of raw materials 2200
7 Rent 1350

Question No.2= Calculate Domestic Income & NDPmp.

S.No Items Rupees
1 Sales 16500
2 Consumption of fixed 120
3 Subsidies 240
4 Excise Duties 300
5 Value of Raw Materials 2100
6 Decrease in stock of finished goods 1500

Question No.3= Calculate net value added at fc.

S.No Items Rupees
1 Sales 345
2 Depreciation 30
3 Opening stock 30
4 Closing Stock 45
5 Indirect Taxes 30
6 Wages-salaries 150
7 Cost of raw materials 90
8 Operating Surplus 60

Question No.4= Calculate NVA and GVO.

S.No Items Rupees
1 Increase in unsold stock 1000
2 Sales 100000
3 NIT 800
4 Purchase of raw materials from other firms 1650
5 Purchase of Fuel & Power 850
6 Consumption of fixed Capital 500
Question No.5= Calculate Net Value added.
S.No Items Rupees
1 Subsidy 40
2 Sales 800
3 Capital Consumption Allowance 30
4 Exports 100
5 Closing Stock 20
6 Opening stock 50
7 Intermediate Purchases 500

Question No.6= Calculate Intermediate Consumption.

S.No Items Rupees
1 Value of output 200
2 Net Value added at fc 80
3 Sales tax 15
4 Subsidy 5
5 Consumption of fixed capital 20

Question No.7= Calculate GDP & NDP

S.No Items Rupees
1 Intermediate Consumption of
(a) Primary Sector 500
(b) Secondary Sector 400
(c) Tertiary Sector 300
2 Value of output of
(a) Primary Sector 1000
(b) Secondary Sector 900
(c) Tertiary Sector 700
3 Consumption of fixed capital 40
4 Net indirect taxes 10

Question No.8= Calculate GNP

S.No Items Rupees
1 Consumption of fixed capital 40
2 Value of output in primary sector 100
 3 Value of output in secondary sector 150

4 Value of output in Tertiary Sector 210

5 Gross value added at mp in tertiary sector 150
6 Net indirect taxes 10
7 Intermediate Consumption of
(a) Primary Sector 40
(b) Secondary Sector 50
8 NFIA -5

Question No.9= There are only two sectors in an economy A & B in an economy
Calculate (a) Gross value added by each sector (b) National Income
S.No Items Rupees
1 NFIA 20
2 Sales by A 1000
3 Sales by B 2000
4 Change in Stock of B -200
5 Closing stock of A 50
6 Opening Stock of A 100
7 Consumption of Fixed Capital by A & B 180
8 Indirect taxes paid by A& B 120
9 Purchase of raw material by A 500
10 Purchase of raw material by B 600
11 Exports by B 70

Question No.10= Calculate value added by firm X & Firm Y

S.No Items Rupees
1 Sales by firm X 100
2 Sales by firm Y 500
3 Purchases by households from Firm Y 300
4 Exports by firm Y 50
5 Change in stock of firm X 20
6 Change in stock of firm Y 10
7 Imports by firm X 70
8 Sales by firm Z to firm Y 250
9 Purchase by firm y from X 200
Question No.11= Calculate value added by firm A & B. Also calculate GDPfc
S.No Items Rupees
1 Sales by Firm A 100
2 Purchases from firm B by firm A 40
3 Purchases from firm A by firm B 60
4 Sales by firm B 200
5 Closing Stock of firm A 20
6 Closing stock of Firm B 35
7 Opening Stock of firm A 25
8 Opening Stock of Firm B 45
9 Indirect Taxes paid by both firms 30 30

Question No.12= Find Value added by firm B.

S.No Items Rupees
1 Purchase by firm b from Firm A 30
2 Sales by firm B to A 25
3 Sales by firm B to households 35
4 Opening Stock of firm B 5
5 Closing Stock of firm C 10
6 Closing stock of firm 10
7 Purchases by firm B from firm D 15
8 Exports by firm B 20

Question No.13= Calculate GDP & NDP from the following.

S.No Items Rupees
1 Net value added at mp by
(a) Primary Sector 700
(b) Secondary Sector 1000
(c) Tertiary Sector 1000
2 Net exports -10
3 Net Indirect Taxes 100
4 Value of intermediate Consumption
(a) Primary Sector
(b) Secondary Sector 200
(c) Tertiary Sector 300
300
 5 Consumption of Fixed Capital
(a) Primary Sector
(b) Secondary Sector 20
(c) Tertiary Sector 50
30

Question No.14=Calculate GVA by X

S.No Items Rupees
1 Domestic Sales 300
2 Exports 100
3 Production for self consumption 50
4 Purchases from A 110
5 Purchases from B 70
6 Imports of Raw material 30
7 Change in Stock 60

Question No.15= Calculate Value added by each firm & NNPfc.

S.No Items Rupees
1 Purchases by A from B 20
2 Purchases by B from A 30
3 Value of output Produced by A 100
4 Value of output Produced by B 80
5 Payment of Indirect taxes by A 10
6 Payment of Indirect taxes by B 5
7 Consumption of fixed capital by A 5
8 Consumption of fixed capital by B 10
9 Net change in stocks of B -7
10 Net change in stocks of B 7
11 NFIA -5

Question No.16= Calculate GVAfc.

S.No Items Rupees
1 Net indirect Taxes 20
2 Purchase of intermediate products 120
 3 Purchase of machines 300
4 Sales 250
5 Capital Consumption Allowance 20
6 Change in Stock 30

EXPENDITURE METHOD
Question No.1=Calculate National Income, Domestic Income & GNP.

S.No Items Rupees

1 Net factor income from abroad -90
2 Consumption of fixed capital 1980
3 Net Imports 360
4 Gross Capital Formation 2160
5 Private final consumption Expenditure 14490
6 Net Indirect taxes 2070
7 Public Final consumption Expenditure 2160
8 Net Decrease in stock 270

Question No.2= Calculate GNPmp from the following data.

S.No Items Rupees

1 Government final consumption expenditure 300
2 Net domestic fixed capital formation 200
3 Private final consumption Expenditure 2000
4 Consumption of fixed capital 40
5 Closing stock 50
6 Opening Stock 40
7 Net Imports 5
8 NIT 30
9 Net factor income to Abroad 10

Question No.3= Calculate GDPfc & National Income.

S.No Items Rupees

1 Capital consumption Allowance 3000
2 Exports 4500
3 Indirect taxes 2400
4 Subsidies 1500
5 NFIA 600
6 Gross Fixed Capital Formation 3705
7 Private final consumption expenditure 14940
 8 Inventory Investment 1095
9 Imports 6000
10 Govt final consumption Expenditure 10950

Question No.4= Calculate GNP and NNP.

S.No Items Rupees

1 Private final consumption expenditure 2500
2 Net export 250
3 Economic Subsidies 375
4 Private Gross Fixed Investments 1250
5 Decrease in Stock 1000
6 Indirect Taxes 500
7 Capital Consumption Allowance 750
8 Govt final consumption Expenditure 750
9 Net factor income to abroad 125

Question No.5= Calculate

S.No Items Rupees

1 Consumption of fixed Capital 132
2 Gross domestic Capital Formation 312
3 NIT 210
4 Exports 120
5 Imports 132
6 Addition in stock 120
7 Household Consumption Expenditure 1788
8 Govt final consumption Expenditure 216

Question No.6= Calculate the GNPmp by

S.No Items Rupees

1 Net exports 10
2 Rent 20
3 Private final consumption expenditure 400
4 Interest 30
5 Dividends 45
6 Undistributed profits 5
7 Corporate tax 10
8 Government final consumption expenditure 100
9 Net domestic capital formation 50
10 Compensation of employees 400
11 Consumption of fixed Capital 10
12 Net indirect tax 50
13 Nfifa -10
Question No.7= Calculate the national income by (a) income and (b) expenditure
method.

S.No Items Rupees

1 Wages and salaries 500
2 Government final consumption expenditure 120
3 Royalty 20
4 Interest 40
5 Households final consumption expenditure 600
6 Change in stocks 10
7 Indirect tax 100
8 Rent 50
9 Final consumption expenditure of private 30
non-profit institutions serving households
10 Net domestic fixed capital formation 60
11 Profit after tax 100
12 Corporate tax 20
13 Net exports -20
14 Subsidies 30
15 Nfifa -5

Question No.8= Calculate the national income from the following data :

S.No Items Rupees

1 Rent 80
2 Interest 100
3 Profits 210
4 Tax on profits 30
5 Employee’s contribution to social security 25
schemes
6 Mixed income of self-employed 250
7 Net indirect tax 60
8 Employer’s contribution to social security 50
schemes
9 Compensation of employees 500
10 Nfifa -20

Question No.9= Calculate the national income from the following data :

S.No Items Rs. In crore

1 Mixed income of self-employed 200
2 Old age pension 20
3 Dividends 100
4 Operating surplus 900
5 Wages and salaries 500
6 Profits 400
 7 Employers contribution to social security 50
schemes
8 Nfifa -10
9 Consumption of fixed capital 50
10 Net indirect tax 50

Question No.10= Calculate GNPmp by (a) income and (b) expenditure method.

S.No Items Rs. In crore

1 Compensation of employees 100

2 Private final consumption expenditure 200

3 Rent 20
4 Government final consumption expenditure 50

5 Profits 10
6 Interest 10
7 Gross Domestic Capital Formation 60

8 Net Imports 10
9 Consumption of Fixed Capital 20

10 Net Indirect Tax 30

11 Net factor income from abroad -20

12 Change in Stocks 10
13 Mixed Income 110
 INCOME METHOD
Question No.1= Calculate National Income.

S.No Items Rupees

1 Mixed income of self employed 200
2 Old age pension 20
3 Dividends 100
4 Operating surplus 900
5 Wages and salaries 500
6 Profits 400
7 Employers contribution to social security 50
schemes
8 Net factor income from abroad -10
9 Consumption of Fixed Capital 50
10 Net Indirect Tax 50

Question No.2= Calculate national income.

S.No Items Rupees

1 Rent 80
2 Interest 100
3 Profits 210
4 Tax on profits 30
5 Employees contribution to social security 25
schemes
6 Mixed income of self-employed 250
7 Net Indirect Tax 60
8 Employers contribution to social security 50
schemes
9 Compensation of employees 500
10 Net factor income from abroad 20

Question No.3= Calculate GNP by (a) Income method (b) Expenditure method.

S.No Items Rupees

1 Net exports 10
2 Rent 20
3 Private final consumption expenditure 400
4 Interest 30
5 Dividends 45
6 Undistributed Profits 5
7 Corporate Tax 10
8 Govt final consumption expenditure 100
 9 Net Domestic Capital Formation 50
10 Compensation of employees 400
11 Consumption of Fixed Capital 10
12 Net Indirect Tax 50
13 Net factor income from abroad 10

Question No.4= Calculate GDP by (a) Expenditure Method (b) Income method

S.No Items Rupees

1 Compensation of employees 100
2 Private final consumption expenditure 200

3 Rent 20
4 Govt final consumption expenditure 50

5 Profits 10
6 Interest 10
7 Gross domestic capital formation 60
8 Net Imports 10
9 Consumption of Fixed Capital 20
10 Net Indirect taxes 30
11 Net factor income to abroad -20
12 Decrease in stocks -10
13 Mixed Income 110

Question No.5= Calculate NNP by (a) Income method (b) Expenditure method.

S.No Items Rupees

1 Wages & Salaries 500
2 Govt Final Consumption Expenditure 120
3 Royalty 20
4 Interest 40
5 Household final consumption expenditure 600
6 Inventory Investment 10
7 Indirect Taxes 100
8 Rent 50
9 Final Consumption expenditure of private 30
non-profit institutions serving households
10 Net domestic fixed capital formation 60
11 Profit after Taxes 100
12 Corporate Tax 20
13 Net imports 20
14 Economic Subsidies 30
15 Net factor income to abroad 5