| Calculate the 'National Income': | ||
| (Rs. crores) | ||
| (i) | Rent | 200 |
| (ii) | Net factor income to abroad | 10 |
| (iii) | National debt interest | 15 |
| (iv) | Wages and salaries | 700 |
| (v) | Current transfers from government | 10 |
| (vi) | Undistributed profits | 20 |
| (vii) | Corporation tax | 30 |
| (viii) | Interest | 150 |
| (ix) | Social security contributions by employees | 400 |
| (x) | Net domestic product accruing to government | 250 |
| (xi) | Net current transfers to rest of the world | 5 |
| (xii) | Dividends | 50 |
Answer:
National Income = Wages and salaries + Social security contributions by employees + Rent + Interest + Dividends + Corporation tax + Undistributed profits - Net factor income to abroad
\[NN{{P}_{FC}}=700+100+200+150+50+30+20-10\]
= Rs. 1240 Crore
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