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Calculate National Income by Income and ...

Calculate National Income by Income and Expenditure method.

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The correct Answer is:
Rs. 670 Crores
Rs. 670 crores
National Income by Income method
= Compensation of employes+ Mixed income of self employed+Rent+Interest+Profit + Net factor income from abroad
=250+50+100+200+50+20
= Rs. 670 crores
National Income by Expenditure method
= Gross fixed capital formation + Change in stock + Private Final consumption expenditure+ (Exports-Imports)+Government final consumption expenditure -Consumption of fixed capital+ Net factor income from abroad -(Indirect taxes -Subsidies)
=120+20+550+(10-20)+60-10+20-(100-20)
= Rs. 670 crores
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