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NATIONAL INCOME NUMERICAL

Q. 1 : Calculate GNP at MP from the following data :
Particulars Rs. in
Crores
(i) Net indirect tax 900
(ii) Depreciation 400
(iii) Net factor income from abroad (-)20
(iv) Rent 1000
(v) Dividend 500
(vi) Mixed Income 300
(vii) Saving of private corporate sector 400
(viii) Interest 200
(ix) Compensation of employees 1000

Q. 2 : Calculate net domestic product at market price from the following

data :
Particulars Rs. in
Crores
(i) Wages and salaries 500
(ii) Net capital formation 100
(iii) Exports 50
(iv) Imports 60
(v) Gross capital formation 120
(vi) Employer's contribution to social
security schemes 20
(vii) Net factor income from abroad (-)10
(viii) Rent and interest 250
(ix) Profit 400
(x) Indirect taxes 50
(xi) Subsidies 10
Q. 3 : Calculate GNP at MP from the following data :
Particulars Rs. in
Crores
(i) Profit 220
(ii) Compensation of employees 350
(iii) Interest 100
(iv) Consumption of fixed capital 50
(v) Opening stock 30
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(vi) Subsidies 20
(vii) Closing stock 50
(viii) Mixed Income of Self-employed 150
(ix) Contribution to social security 30
schemes 10
(x) Net factor income from abroad 80
(xi) Rent 90
(xii) Indirect taxes
Q. 4 : Calculate National Income or NNP at FC from the following data :
Particulars Rs. in
Crores
(i) Mixed income of the self-employed 200
(ii) Old-age pension 20
(iii) Dividends 100
(iv) Operating surplus 900
(v) Wages and salaries 500
(vi) Profit 400
(vii) Employer's contribution to Social
Security Schemes 50
(viii) Net factor Income from abroad (-)10
(ix) Consumption of fixed capital 50
(x) Net Indirect taxes 50
Q. 5 : Estimate National income using Expenditure Method from following
data :
Particulars Rs. in
Crores
(i) Opening stock 50
(ii) Closing stock 60
(iii) Consumption of fixed capital 10
(iv) Private final consumption 500
Expenditure (-)25
(v) Net Exports 10
(vi) Net factor income from abroad
(vii) Compensation of employees paid by 100
general government
(viii) Direct purchases of non-durable 10
goods from abroad by general
government 100
160
150
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(ix) Net purchases of goods and services

by general government in the
domestic market
(x) Net capital formation
(xi) Net indirect taxes

Q. 6 : From the following data calculate national income by (a) Income

method (b) Expenditure method :
Particulars Rs. in
Crores
(i) Compensation of employees 2500
(ii) Private final consumption 2800
expenditure 500
(iii) Profits 200
(iv) Employer's contribution of social 200
security schemes 450
(v) Rent 800
(vi) Mixed income of self-employed 400
(vii) Government final consumption 60
expenditure 150
(viii) Net domestic capital formation (-)50
(ix) Change in stock (-)40
(x) Interest 20
(xi) Net factor income from abroad 160
(xii) Net exports
(xiii) net current transfers from rest of the
world
(xiv) Net indirect tax

Q. 7 : From the following data calculate national income by (a) Income

method (b) Expenditure method.
Particulars Rs. in
Crores
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(i) Compensation of employees 800

(ii) Private final consumption 1200
expenditure 500
(iii) Profit 200
(iv) Rent 800
(v) Government final consumption 150
expenditure 20
(vi) Interest 190
(vii) Net factor income from abroad 630
(viii) Net indirect taxes (-)30
(ix) Mixed income of self-employed 500
(x) net exports 150
(xi) Net domestic capital formation
(xii) Consumption of fixed capital

Q. 8 : From the following data, calculate National Income.

Particulars Rs. in
Crores
(i) Compensation of employees 800
(ii) Rent 200
(iii) Wages and salaries 750
(iv) Net exports (-)30
(v) Net Factor income from abroad (-)20
(vi) Profit 300
(vii) Interest 100
(viii) Depreciation 50
Q. 9 : Calculate the operating surplus.
Particulars Rs. in
Crores
(i) Sales 4000
(ii) Compensation of employees 800
(iii) Intermediate consumption 600
(iv) Rent 400
(v) Interest 300
(vi) Net indirect taxes 500
(vii) Consumption of fixed capital 200
(viii) Mixed income 400
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Q. 10 : Calculate GNP at FC:

Particulars Rs. in
Crores
(i) Net domestic fixed capital formation 350
(ii) Closing stock 100
(iii) Government final consumption 200
expenditure 40
(iv) Net indirect taxes 60
(v) Opening stock 50
(vi) Consumption of fixed capital (-)10
(vii) Net exports 1500
(viii) Private final consumption 20
expenditure (-)30
(ix) Imports
(x) Net factor income from abroad
Q. 11 : Calculate 'Gross Domestic Product of Factor Cost' from the
following data :
Particulars Rs. in
Crores
(i) Private final consumption 800
expenditure 150
(ii) Net domestic capital formation 30
(iii) Change in stock (-)20
(iv) Net factor income from abroad 120
(v) Net indirect tax 450
(vi) Government final consumption (-)30
expenditure 50
(vii) Net exports
(viii) Consumption of fixed capital
Q.12 : Calculate Gross Fixed Capital Formation from the following data :
Particulars Rs. in
Crores
(i) Private final consumption 1000
expenditure 500
(ii) Government final consumption (-)50
expenditure 20
(iii) Net exports 2500
(iv) Net factor income from abroad 300
(v) Gross domestic product at market 200
price
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(vi) Opening stock

(vii) Closing stock
Q.13 : Calculate National Income by Income and Expenditure method:
Particulars Rs. in
Crores
(i) Private final consumption 350
expenditure 35
(ii) Mixed income of self employed 70
(iii) Gross domestic fixed capital 15
formation 250
(iv) Opening stock 25
(v) Compensation of employees 100
(vi) Closing stock 75
(vii) Government final consumption 10
expenditure 25
(viii) Rent 25
(ix) Consumption of fixed capital -5
(x) Net indirect taxes 10
(xi) Interest 100
(xii) Net factor income from abroad 20
(xiii) Exports
(xiv) Profit
(xv) Imports
Q.14 : Calculate National Income by Income and Expenditure method:
Particulars Rs. in
Crores
(i) Compensation of employees 250
(ii) Imports 20
(iii) Mixed income of self employed 50
(iv) Gross fixed capital formation 120
(v) Private final consumption 550
expenditure 10
(vi) Consumption of fixed capital 20
(vii) Net factor income from abroad 100
(viii) Indirect taxes 20
(ix) Change in stock 20
(x) Subsidies 100
(xi) Rent 200
(xii) Interest 50
(xiii) Profit 10
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(xiv) Exports 60
(xv) Government final consumption
expenditure
Q.15 : Calculate National Income by Income and Expenditure method:
Particulars Rs. in
Crores
(i) Government final consumption 7000
expenditure 9000
(ii) Indirect taxes 1800
(iii) Subsidies 28000
(iv) Mixed income of self employed 13000
(v) Gross fixed capital formation 10000
(vi) Net addition to stocks 6000
(vii) Rent 4000
(viii) Consumption of fixed capital 44000
(ix) Private final consumption 4800
expenditure 4000
(x) Exports of goods and services 5600
(xi) Interest (-)300
(xii) Imports of goods and services 24000
(xiii) Net factor income from abroad
(xiv) Compensation of employees

Q.16 : Calculate GNP at FC by Income and Expenditure method :

Particulars Rs. in
Crores
(i) Compensation of employees 1000
(ii) Operating surplus 500
(iii) Employer's contribution to social
security schemes 120
(iv) Net exports (-)30
(v) Net indirect taxes 40
(vi) Mixed income of the self employed 600
(vii) Net factor income to abroad 20
(viii) Consumption of fixed capital 40
(ix) Private final consumption 1440
expenditure 490
(x) Govt. Final consumption expenditure 250
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(xi) Gross fixed capital formation 30

(xii) Change in stock 25
(xiii) Interest on national debt
Q.17 : From the following data, calculate Gross National Product at
Market Prices by (a) Income method and (b) Expenditure method.
Particulars Rs. in
Crores
(i) Government final consumption 250
expenditure 65
(ii) Change in stocks 150
(iii) Net domestic capital formation 90
(iv) Interest 210
(v) Profits 50
(vi) Corporation tax 100
(vii) Rent 20
(viii) Factor income from abroad 55
(ix) Indirect taxes 40
(x) Factor income to abroad 60
(xi) Exports 25
(xii) Subsidies 80
(xiii) Imports 20
(xiv) Consumption of fixed capital 500
(xv) Private final consumption 450
expenditure
(xvi) Compensation of employees 40
(xvii) Value of rent for free accommodation
to employees

Q.18 : From the following data calculate National Income by (a)

Income method and (b) Expenditure method:
(Rs. in
crores)
(i) Compensation of employees 1200
(ii) Net factor income from a broad (-)20
(iii) Net indirect taxes 120
(iv) Profit 800
(v) Private final consumption expenditure 2000
(vi) Net domestic capital formation 770
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(vii) Consumption of fixed capital 130

(viii) Rent 400
(ix) Interest 620
(x) Mixed income of self-employed 700
(xi) Net exports (-)30
(xii) Government final consumption 1100
expenditure
Q.19 : From the following data calculate national income by (a) income
method and (b) expenditure method:
(Rs. in
crores)
(i) Private final consumption expenditure 2000
(ii) Net capital formation 400
(iii) Change in stock 50
(iv) Compensation of employees 1900
(v) Rent 200
(vi) Interest 150
(vii) Operating surplus 720
(viii) Net indirect tax 400
(ix) Employers' contribution to social 100
security schemes
(x) Net exports 20
(xi) Net factor income from abroad (-)20
(xii) Government final consumption 600
expenditure 100
(xiii) Consumption of fixed capital
Q.20 : From the following data calculate Net National Income by (a)
Income method and (b) Expenditure method :
(Rs. in
crores)
(i) Current transfers from rest of the 100
world 1000
(ii) Government final consumption 3800
expenditure 500
(iii) Wages and salaries 200
(iv) Dividend 150
(v) Rent 500
(vi) Interest 800
(vii) Net domestic capital formation
(viii) Profits 200
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(ix) Employers' contribution to social (-)50

security schemes (-)30
(x) Net exports 40
(xi) Net factor income from abroad 4000
(xii) Consumption of fixed capital 300
(xiii) Private final consumption expenditure
(xiv) Net indirect tax

Q.21 : From the following data calculate Gross National Product at

Factor Cost by (a) income method, and (b) expenditure method:
(Rs. in
crores)
(i) Net domestic capital formation 500
(ii) Compensation of employees 1850
(iii) Consumption of fixed capital 100
(iv) Government final consumption 1100
expenditure 2600
(v) Private final consumption expenditure 400
(vi) Rent 200
(vii) Dividend 500
(viii) Interest (-)100
(ix) Net exports 1100
(x) Profits (-)50
(xi) Net factor income from abroad 250
(xii) Net indirect taxes

Q.22 : From the following data, calculate "National Income" by (a)

Income method, and (b) Expenditure method:
(Rs. in
crores)
(i) Net domestic capital formation 360
(ii) Interest 200
(iii) Rent 300
(iv) Private final consumption expenditure 1300
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(v) Government final consumption 730

expenditure (-)20
(vi) Net exports 70
(vii) Net indirect taxes 80
(viii) Net current transfers from rest of the 60
world (-)50
(ix) Consumption of fixed capital 600
(x) Net factor income from abroad 1200
(xi) Profits
(xii) Compensation of employees

Q.23 : Calculate (a) Gross Domestic Product at Market Price, and (b)
Factor Income from Abroad from the following data :
(Rs. in
crores)
(i) Profit 500
(ii) Exports 40
(iii) Compensation of employees 1500
(iv) Gross national product at factor cost 2800
(v) Net current transfers from rest of the 90
world 300
(vi) Rent 400
(vii) Interest 120
(viii) Factor income to abroad 250
(ix) Net indirect taxes 650
(x) Net domestic capital formation 700
(xi) Gross fixed capital formation 50
(xii) Change in stock

Q.24 : From the following data calculate, (a) Gross Domestic Product
at Market Price, and (b) Factor income to Abroad :
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(Rs. in
crores)
(i) Compensation of employees 1000
(ii) Net exports (-)50
(iii) Profits 400
(iv) Interest 250
(v) Rent 150
(vi) Gross national product at factor cost 1850
(vii) Gross domestic capital formation 220
(viii) Net fixed capital formation 150
(ix) Change in stock 20
(x) Factor income from abroad 30
(xi) Net indirect taxes 100
Q.25 : From the following data calculate, (a) Gross Domestic Product
at Market Price, and (b) Factor income to Abroad :
(Rs. in
crores)
(i) Gross national product at factor cost 6150
(ii) Net exports (-)50
(iii) Compensation of employees 3000
(iv) Rent 800
(v) Interest 900
(vi) Profit 1300
(vii) Net indirect taxes 300
(viii) Net domestic capital formation 800
(ix) Gross fixed capital formation 850
(x) Change in stock 50
(xi) Dividend 300
(xii) Factor income from abroad 80