Numerical Question of National Income Accounting, Class 12

1. Calculate the value of 'Sales' from the following data:

Particulars	Rs in Crore
i. Net Value Added at Factor Cost	800
ii. Subsidies	40
iii. Change in Stock	(-) 70
iv. Sales	?
v. Intermediate consumption	450
vi. Consumption of Fixed Capital	40
Ans: Rs 1,320 Crores

2. Calculate "intermediate Consumption" from the following data:

Particulars	Rs in Crore
i.Gross Value of Output	300
ii. Nat value added at factor cost	100
iii. Subsidies	15
iv. Depreciation	30
Ans Rs 185 crores

3. Calculate Net Value Added at Factor Cost from the following data:

Particulars	Rs in Crore
i. Consumption of fixed capital	600
ii. Goods and service tax (GST)	400
iii. Output sold (units)	2,000
iv. Price per unit of output	10
v. Net change in stocks	(-)50
vi. Intermediate cost	10,000
vii. Subsidy	500
Ans: Rs 9,450

4. Calculate Net Value Added at factor cost from the following data:

Particulars	Rs in Crore
i. Value of output	800
ii. Intermediate consumption	200
iii. Indirect taxes	30
iv. Depreciation	20
v. Subsidies	50
vii. Purchase of Machinery	50
Ans: Rs 600 (Note: Purchase of Machinery is a fixed asset. It should not be calculated)

5. Calculate Nat Value Added at factor cost from the following data:

Particulars	Rs in Crore
i. Sales	1,000
ii. change in stocks	150
iii. Purchase of Raw Materials	300
iv. Gross investment	100
v. Net investment	80
vi. Net indirect taxes	20
Ans: Rs 810 Crores

6. Calculate Net value added at factor cost from the following data:

Particulars	Rs in Crore
i. Fixed capital goods (expected life span-5 years)	15
ii. Domestic sales	220
iii. Change in stocks	(-) 10
iv. Exports	10
v. Single use producer goods	100
vi. Net indirect taxes	20
Ans: Rs 97 ( Depreciation= 15/5= 3), (Sales= Domestic sales + Exports)

7. Calculate Net Value Added at factor cost from the following:

Particulars	Rs in Crore
i. Durable use producer goods with a life span of 10 years	10
ii. Single use producer goods	5
iii. Sales	20
iv. Unsold output produced during the year	2
v. Taxes on production	1
Ans: Rs 15

8. Calculate the value of Operating Surplus from the following data:

Particulars	Rs in Crore
i. Royalty	5
ii. Rent	75
iii. Interest	30
iv. Net domestic product at factor cost	400
v. Profit	45
vi.Dividends	20
Ans: Rs 155

9. Calculate Compensation of Employees from the following data:

Particulars	Rs in Crore
i. Old Age pension	2,000
ii. Wages and salaries in cash	60,000
iii. Rent free accomodation to employees	30,000
iv. Employer's contribution to provident fund	7,500
v. Pament of life insurance premium by the employees	2,500
vi. contribution to provident fund by emloyees	35,000
Ans: Rs 97,500
x. GST	30

10. Calculate 'Compensation of Employees' from the following data:

Particulars	Rs in Crore
i. Profits after tax	20
ii. Interest	45
iii. Gross domestic product at market price	200
iv. Goods and service tax	10
v. Consumption of fixed capital	50
vi. Rent	25
vii. Corporation tax	5
Rs 45 crores

11. Calculate the value of domestic income from the following data:

Particulars	Rs in Crore
i. Compensation of employees	2,000
ii. Rent and interest	800
iii. Indirect taxes	120
iv. Corporation tax	460
v. Consumption of fixed capital	100
vi. Subsidies	20
vii. Dividend	940
viii. Undistributed profit	300
ix. Net factor income from abroad	150
x. Mixed income of self Employed	200
Ans: Rs 4,700 crore

12. Calculate 'rent' from the following data:

Particulars	Rs in Crore
i. Gross Domestic Product at market price	18,000
ii. Mixed income of self-employed	7,000
iii. Subsidies	250
iv. Interest	800
v. Rent	?
vi. Profit	975
vii. compensation of employees	6,000
viii. Consumption of fixed capital	1,000
ix. Indirect tax	2,000
Ans: Rs 475 crore

13. Calculate 'Interest' from the following data:

Particulars	Rs in Crore
i. Indirect tax	1,500
ii. Subsidies	700
iii. Profits	1,100
iv.Consumption of fixed capital	700
v. Gross domestic product at market price	17,500
vi. Compensation of employees	9,300
vii. Interest	?
viii. Mixed income of self employed	3,500
ix. Rent	800
Ans: Rs 900 crore

14. Calculate 'Mixed Income of Self Employed' from the following data:

Particulars	Rs in Crore
i. Compensation of employees	17,300
ii. Interest	1,200
iii.consumption of fixed capital	1,100
iv. Mixed income of self employed	?
v.Subsidies	750
vi. Gross domestic Product at market price	27,500
vii. Indirect taxes	2,100
viii. Profit	1,800
ix. Rent	2,000
Ans: Rs 2,750 crore

15. Calculate (i) operating surplus and (ii) domestic income from the following data:

Particulars	Rs in Crore
i. Compensation of employees	2,000
ii. Rent and interest	800
iii. Indirect taxes	120
iv. corporation tax	460
v. Consumption of fixed capital	100
vi. Subsidies	20
vii. dividend	940
viii. Undistributed profit	300
ix. Net factor income to abroad	150
x. Mixed income	200
Ans: Operating Surplus= Rs 2,500 crore and ii. Domestic income= Rs 4,700

16. Calculate '(i) Net National Product at market price and (ii) Gross Domestic Product at factor cost' from the following data:

Particulars	Rs in Crore
i. Rent and Interest	6,000
ii. Wages and Salaries	1,800
iii. Undistributed profit	400
iv. Net indirect taxes	100
v. Subsidies	20
vi. Corporation tax	120
vii. Net factor income to abroad	70
viii. Dividends	80
ix. Consumption of fixed capital	50
x. Social security contribution by Employers	200
xi. Mixed income	1,000
Ans: (i) NNPmp= Rs 9,630 crore and (ii) GDPfc= Rs 9,650 crore

17. Calculate 'National Income' from the following data:

Particulars	Rs in Crore
i. Net current transfer from rest of the world	30
ii. Private Final Consumption Expenditure	400
iii. Net Domestic Capital Formation	100
iv. Change in Stock	50
v. Depreciation	20
vi. Government Final Consumption Expenditure	200
vii. Net Exports	40
viii. Net Indirect Taxes	80
ix. Net Factor Income Paid to Abroad	10
Ans: Rs 650 crore

18. Calculate 'National Income' from the following data:

Particulars	Rs in Crore
i. Factor Income from abroad	15
ii. Private Final Consumption Expenditure	600
iii. Consumption of fixed capital	50
iv. Government Final Consumption Expenditure	200
v. Net Domestic fixed Capital Formation	110
vi. Factor income to abroad	25
vii. Net Imports	(-) 20
viii. Net Indirect Taxes	70
ix. Change in Stock	(-) 10
Ans: Rs 840 crore

19. Calculate Nationa Income by (i) Income Method and (ii) Expenditure Method from the following data:

Particulars	Rs in Crore
i. Profits	200
ii. Private Final Consumption Expenditure	440
iii. Government Final Consumption Expenditure	250
iv. Compensation of Employees	350
v. Gross Domestic Capital Formation	90
vi. Consumption of Fixed Capital	20
vii. Net Exports	(-) 20
viii. Interest	60
ix.Rent	70
x. Net Factor Income to Abroad	50
xi. Net Indirect Taxes	60
Ans: Rs 630 crore

20. Calculate 'Gross National Product by ' (i) Income Method and (ii) Expenditure Method from the following data:

Particulars	Rs in Crore
i. Private Final Consumption Expenditure	800
ii. Government Final consumption Expenditure	300
iii. Compensation of Employees	600
iv. Net Imports	50
v. Gross Domestic Capital Formation	150
vi. Consumption of Fixed Capital	20
vii. Net Indirect Taxes	100
viii. Net Factor Income from Abroad	(-) 70
ix. Dividend	150
x. Rent	120
xi. Interest	80
xii. Undistributed Profit	80
xiii. Social Security Contribution by Employers	60
xiv. Corporate Tax	50
Ans: Rs 1,030

21. Calculate (i) Gross Domestic Product at Market Price and (ii) Factor Income from Abroad from the following data:

Particulars	Rs in Crore
i. Gross National Product at factor cost	6,150
ii. Net Exports	(-) 50
iii. Compensation of Employees	3,000
iv. Rent	800
v. Interest	900
vi. Profit	1,300
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 to Abroad	80
Ans: (i) GDPmp= Rs 6,400 crore and (ii) Factor Income From Abroad= Rs 130 crore

23. Calculate Domestic Income from the following data:

Particulars	Rs in Crore
i. Household Consumption Expenditure	800
ii. Gross Business Fixed Capital Formation	150
iii. Gross Residential Construction Investment	120
iv. Government Final Consumption Expenditure	170
v. Excess of Imports over Exports	20
vi. Inventory Investment	140
vii. Gross Public Investment	500
viii. Net Indirect Taxes	70
ix. Net Factor income from Abroad	(-) 50
x. Consumption of Fixed Capital	40
Ans: Rs 1,750 crore

24. Calculate 'Net Domestic Product at factor cost' from the following data:

Particulars	Rs in Crore
i.Gross Domestic Fixed Capital Formation	200
ii. Exports	50
iii. Government Final Consumption Expenditure	320
iv. Consumption of Fixed Capital	35
v. Household Final Consumption Expenditure	470
vi. Inventory Investment (Net)	(-) 40
vii. Imports	60
viii. Net Indirect Taxes	50
ix. Net Factor Income from Abroad	20
Ans: Rs 855 crore

25. From the following data, show that the National Income will be same from Income Method and Expenditure Method: (CBSE: 2022 Term-2):

Particulars	Rs in Crore
i. Net Exports	(-) 60
ii. Net Indirect Taxes	150
iii. Operating Surplus	740
iv. Compensation of Employees	1,400
v. Net Factor Income From Abroad	40
vi. Mixed Income of Self Employed	1,000
vii.Net Domestic Fixed Capital Formation	500
viii. Change in Stock	(-) 100
ix. Depreciation	100
x. Private Final Consumption Expenditure	2,000
x. Government Final Consumption Expenditure	1,000
Ans: Income Method: Rs 3,180, Expenditure Method= Rs 3,230	Note: Although its said that national income is same in both the method, butthere is a difference of Rs. 50.

26. Calculate 'Gross Domestic Capital Formation' and 'Operating Surplus' from the following data:

Particulars	Rs in Crore
i. National Income	22,100
ii. Wages and Salaries	12,000
iii. Private Final Consumption Expenditure	7,200
iv. Net Indirect Taxes	700
v. Gross Domestic Capital Formation	?
vi. Depreciation	500
vii. Government Final Consumption Expenditure	6,100
viii. Mixed Income of Self Employed	4,800
ix. Operating Surplus	?
x. Net Exports	3,400
xi. Rent	1,200
xii. Net Factor Income From Abroad	(-) 150
Ans: Gross Doestic Capital Formation= Rs 6,750 crore and Operating Surplus= Rs Rs 5,450 crore	30

27. Calculate 'Government Final Consumption Expenditure and Mixed Income of Self Employed' from the following data:

Particulars	Rs in Crore
i. National Income	71,000
ii. Gross Domestic Capital Formation	10,000
iii. Government Final Consumption Expenditure	?
iv. Net Factor Income From Abroad	1,000
v. Net Indirect Taxes	2,000
vi. Profits	1,200
vii. Mixed Income of Self Employed	?
viii. Wages and Salaries	15,000
ix. Net Exports	5,000
x. Private Final Consumption Expenditure	40,000
xi. Consumption of Fixed Capital	3,000
xii. Operating Surplus	30,000
Ans: Government Final Consumption Expenditure= Rs 20,000	Ans: Mixed Income of Self Employed= Rs 25,000

28. Calculate 'Operating Surplus and Net Exports' from the following data:

Particulars	Rs in Crore
i. Mixed Income of Self Employed	700
ii. Net Factor Income From Abroad	150
iii. Private Final Consumption Expenditure	2,200
iv. Profits	200
v. Net Indirect Taxes	150
vi. National Income	5,000
vii. Gross Domestic Capital Formation	1,100
viii. Wages and Salaries	2,200
ix. Net Exports	?
x. Government Final Consumption Expenditure	1,300
xi. Consumption of Fixed Capital	200
xii. Operating Surplus	?
Ans: Net Exports= Rs600 crore	Ans: Operating Surplus= Rs 1,950

29. Calculate National Income from the following data:

Particulars	Rs in Crore
i. Compensation of Employees	2,000
ii. Profit	800
iii. Rent	300
iv. Interest	250
v. Mixed Income of Self Employed	7,000
vi. Net Current Transfer to Abroad	200
vii. Net Exports	(-) 100
viii. Net Indirect Taxes	1,500
ix. Net Factor Income to Abroad	60
x. Consumption of Fixed Capital	120
Ans: Rs 10,290 crore

30. Calculate National Income from the following data:

Particulars	Rs in Crore
i. Government Final Consumption Expenditure	110
ii. Private Final Consumption Expenditure	200
iii. Gross domestic Fixed Capital Formation	30
iv. Net Exports	(-) 40
v. Increase in Stock	20
vi. Consumption of Fixed Capital	15
vii. Indirect Taxes	60
viii. Subsidies	15
ix. Net Factor Income From Abroad	(-) 40
Ans: Rs 220 crore