Numerical of national income by expenditure method. National Income. important numerical of expenditure method of national income
1 Calculate Net National Product at Market Price:
| Items | (₹ in crore) |
| 1. Gross domestic fixed capital formation | 400 |
| 2. Private final consumption expenditure | 8000 |
| 3. Government final consumption expenditure | 3000 |
| 4. Change in Stock | 50 |
| 5. consumption of fixed capital | 40 |
| 6. Net indirect taxes | 100 |
| 7. Net exports | – 60 |
| 8. Net factor income to abroad | – 80 |
| 9. Net current transfers from abroad | 100 |
| 10. Dividend | 100 |
[CBSE Delhi – 2017] NNP at MP = ₹11430
2. Calculate National Income
| Items | (₹ in crore) |
| 1. Net factor income to abroad | – 50 |
| 2. Net indirect taxes | 800 |
| 3. Net current transfers from rest of the world | 100 |
| 4. Net imports | 200 |
| 5. Private final consumption expenditure | 5000 |
| 6. Government final consumption expenditure | 3000 |
| 7. Gross domestic capital formation | 1000 |
| 8. consumption of fixed capital | 150 |
| 9. change in stock | – 50 |
| 10. Mixed income | 4000 |
| 11. Scholarship to students | 80 |
[CBSE Delhi – 2017] National Income = ₹7900 crore
3. Calculate Net Domestic Product at Factor Cost
| Items | (₹ in crore) |
| 1. Private final consumption expenditure | 8000 |
| 2. Government final consumption expenditure | 1000 |
| 3. Exports | 70 |
| 4. Imports | 120 |
| 5. Consumption of fixed capital | 60 |
| 6. Gross domestic fixed capital formation | 500 |
| 7. Change in stock | 100 |
| 8. Factor income to abroad | 40 |
| 9. Factor income from abroad | 90 |
| 10. Indirect taxes | 700 |
| 11. Subsidies | 50 |
| 12. Net Current transfers to abraod | (-) 30 |
[CBSE Delhi – 2017] NDP at FC =₹8840 crore
4. Calculate National Income
| Items | (₹ in crore) |
| 1. Corporation tax | 100 |
| 2. Private final consumption expenditure | 900 |
| 3. Personal income tax | 120 |
| 4. Government final consumption expenditure | 200 |
| 5. Undistributed profits | 50 |
| 6. Change in stocks | – 20 |
| 7. Net Domestic fixed capital formation | 120 |
| 8. Net Imports | 10 |
| 9. Net Indirect tax | 150 |
| 10. Net factor income from abroad | – 10 |
| 11. Private Incom | 1000 |
[CBSE (AI) 2016] GDP at MP = ₹1190 National Income = ₹1030 crore
5. Calculate Net National Product at Market Price:
| Items | (₹ in crore) |
| 1. Net Current transfers to abroad | 10 |
| 2. Private final consumption expenditure | 500 |
| 3. Current transfers from government | 30 |
| 4. Net factor income to abroad | 20 |
| 5. Net exports | – 20 |
| 6. Net indirect tax | 120 |
| 7. National debt interest | 70 |
| 8. Net Domestic Capital formation | 80 |
| 9. Income accruing to government | 60 |
| 10. Government final consumption expenditure | 100 |
[CBSE (AI) 2016] NNP at MP = ₹ 640 crore
6. Find Gross National Product at Market Price:
| Items | (₹ in crore) |
| 1. Private final consumption expenditure | 800 |
| 2. Net Current transfers to abroad | 20 |
| 3. Net factor income to abroad | – 10 |
| 4. Government final consumption expenditure | 300 |
| 5. Net Indirect tax | 150 |
| 6. Net Domestic Capital Formation | 200 |
| 7. Current transfers from government | 40 |
| 8. Depreciation | 100 |
| 9. Net Imports | 30 |
| 10. Income accruing to government | 90 |
| 11. National debt interest | 50 |
GNP at MP = ₹ 1380 crore
7. Calculate National Income
| Items | (₹ in crore) |
| 1. Net imports | 5 |
| 2. Net domestic capital formation | 15 |
| 3. Personal Income | 90 |
| 4. National debt interest | 10 |
| 5. Corporate tax | 25 |
| 6. Government final consumption expenditure | 20 |
| 7. Net factor income to abroad | – 5 |
| 8. Net indirect tax | 10 |
| 9. Undistributed profits | 0 |
| 10. Private final consumption expenditure | 100 |
[CBSE (F) 2015] NNP at FC = ₹ 125 crore
8. Calculate Net Domestic Product at Market Price.
| Items | (₹ in crore) |
| 1. Private Final consumption expenditure | 400 |
| 2. Opening stock | 10 |
| 3. Consumption of fixed capital | 25 |
| 4. Imports | 15 |
| 5. Government final consumption expenditure | 90 |
| 6. Net current transfers to rest of the world | 5 |
| 7. Gross domestic fixed capital formation | 80 |
| 8. Closing stock | 20 |
| 9. Exports | 10 |
| 10. Net factor income to abroad | – 5 |
[CBSE AI 2015] NDP at MP = ₹ 550
9. Calculate Net National Product at Market Price
| Items | (₹ in crore) |
| 1. Transfers Payments by government | 7 |
| 2. Government final consumption expenditure | 50 |
| 3. Net imports | – 10 |
| 4. Net domestic fixed capital formation | 60 |
| 5. Private final consumption expenditure | 300 |
| 6. Private Income | 280 |
| 7. Net factor income to abroad | – 5 |
| 8. Closing Stock | 8 |
| 9. Opening stock | 8 |
| 10. Depreciation | 12 |
| 11. Corporate tax | 60 |
| 12. Retained earnings of corporations | 20 |
[CBSE AI 2015] NNP at MP = ₹ 425 crore
10. Calculate Net Domestic Product at Factor Cost:
| Items | (₹ in crore) |
| 1. Net Current transfers to abroad | 15 |
| 2. Private final consumption expenditure | 800 |
| 3. Net imports | – 20 |
| 4. Net domestic capital formation | 100 |
| 5. Net factor income to abroad | 10 |
| 6. Depreciation | 50 |
| 7. Change in stocks | 17 |
| 8. Net indirect tax | 120 |
| 9. Government final consumption expenditure | 200 |
| 10. Exports | 30 |
[CBSE DELHI 2015]
NDP at FC = ₹ 1000 Crore
11. Calculate ‘National Income’.
| Items | (₹ in crore) |
| 1. Personal tax | 80 |
| 2. Private final consumption expenditure | 600 |
| 3. Undistributed profits | 30 |
| 4. Private Income | 650 |
| 5. Government final consumption expenditure | 100 |
| 6. Corporate tax | 50 |
| 7. Net Domestic fixed capital formation | 70 |
| 8. Net Indirect tax | 60 |
| 9. Depreciation | 14 |
| 10. Change in stocks | – 10 |
| 11. Net imports | 20 |
| 12. Net factor income to abroad | 10 |
[CBSE DELHI 2015]
NNP at FC = ₹ 670 crore
12. Calculate ‘National Income’ from the following
| Items | (₹ in crore) |
| 1. Net Imports | 60 |
| 2. Net current transfers to abroad | – 10 |
| 3. Net domestic fixed capital formation | 300 |
| 4. Government final consumption expenditure | 200 |
| 5. Private final consumption expenditure | 700 |
| 6. Consumption of fixed capital | 70 |
| 7. Net change in stocks | 30 |
| 8. Net factor income to abroad | 20 |
| 9. Net indirect tax | 100 |
[CBSE F 2014]
NNP at FC = ₹ 1050
13. Calculate ‘Net National Product at Market Price’ from the following.
| Items | (₹ in crore) |
| 1. Closing stock | 10 |
| 2. Consumption of fixed capital | 40 |
| 3. Private final consumption expenditure | 600 |
| 4. Exports | 50 |
| 5. Opening stock | 20 |
| 6. Government final consumption expenditure | 100 |
| 7. Imports | 60 |
| 8. Net domestic fixed capital formation | 80 |
| 9. Net current transfers to abroa | – 10 |
| 10. Net factor income to abroad | 30 |
[CBSE AI 2014]
NNP at MP = ₹ 730
14. Calculate National Income from the following.
| Items | (₹ in crore) |
| 1. Net change in stocks | 50 |
| 2. Government final consumption expenditure | 100 |
| 3. Net current transfers to abroad | 30 |
| 4. Gross domestic fixed capital formation | 200 |
| 5. Private final consumption expenditure | 500 |
| 6. Net imports | 40 |
| 7. Depreciation | 70 |
| 8. Net factor income to abroad | – 10 |
| 9. Net Indirect tax | 120 |
| 10. Net capital transfers to abroad | 25 |
NNP at FC = ₹ 630 crore
15. Calculate ‘Net Domestic Product at Factor Cost’ from the following:-
| Items | (₹ in crore) |
| 1. Net Current transfers to abroad | 5 |
| 2. Government final consumption expenditure | 100 |
| 3. Net indirect tax | 80 |
| 4. Private final consumption expenditure | 300 |
| 5. Consumption of fixed capital | 20 |
| 6. Gross domestic fixed capital formation | 50 |
| 7. Net imports | – 10 |
| 8. Closing stock | 25 |
| 9. Opening stock | 25 |
| 10. Net factor income to abroad | 10 |
[CBSE DELHI 2014]
NDP at FC = ₹ 360 crore
16. Calculate National Income from the following:
| Items | (₹ in crore) |
| 1. Net current transfers to abroad | – 15 |
| 2. Private final consumption expenditure | 600 |
| 3. Subsidies | 20 |
| 4. Government final consumption expenditure | 100 |
| 5. Indirect tax | 120 |
| 6. Net imports | 20 |
| 7. Consumption of fixed capital | 35 |
| 8. Net change in stocks | – 10 |
| 9. Net factor income to abroad | 5 |
| 10. Net domestic capital formation | 110 |
[CBSE DELHI 2014]
NNP at FC = ₹ 685 crore
17. Calculate Gross Fixed Capital Formation from the following data:-
| Items | (₹ in crore) |
| 1. Private final consumption expenditure | 1000 |
| 2. Government final consumption expenditure | 500 |
| 3. Net Exports | – 50 |
| 4. Net Factor income from abroad | 20 |
| 5. Gross Domestic product at market price | 2500 |
| 6. Opening Stock | 300 |
| 7. Closing Stock | 200 |
Gross Fixed Domestic Capital Formation = ₹ 1150 crore
18. Find NDP at FC from the following data.
| Items | (₹ in crore) |
| 1. Gross Domestic fixed investment | 10000 |
| 2. Inventory investment | 5000 |
| 3. Depreciation | 2000 |
| 4. Indirect taxes | 1000 |
| 5. Subsidies | 2000 |
| 6. Consumption Expenditure | 20000 |
| 7. Residential Construction Investment | 6000 |
NDP at FC = ₹ 34000 crore
19. From the following data, calculate the GDP at both (a) Market price, and (b) Factor Cost.
| Items | (₹ in crore) |
| 1. Gross investment | 90 |
| 2. Net exports | 10 |
| 3. Net indirect taxes | 5 |
| 4. Depreciation | 15 |
| 5. Net factor income from abroad | – 5 |
| 6. Private consumption expenditure | 350 |
| 7 Government purchases of goods and services | 100 |
GDP at FC = ₹ 545 crore
20. Calculate the gross national product at factor cost from the following data:-
| Items | (₹ in crore) |
| 1. Net Domestic Fixed capital formation | 350 |
| 2. Closing Stock | 100 |
| 3. Government final consumption expenditure | 200 |
| 4. Net indirect tax | 50 |
| 5. Opening stock | 60 |
| 6. Consumption of fixed capital | 50 |
| 7. Net exports | – 10 |
| 8. Private final consumption expenditure | 1500 |
| 9. Imports | 20 |
| 10. Net factor income from abroad | – 10 |
GNP at FC = ₹ 2070 crore
21. Calculate Gross Domestic Product at market price from the following data:-
| Items | (₹ in crore) |
| 1. Consumption of fixed capital | 50 |
| 2. Closing stock | 40 |
| 3. Private final consumption expenditure | 500 |
| 4. Opening stock | 60 |
| 5. Net factor income from abroad | – 35 |
| 6. Exports | 25 |
| 7. Government final consumption expenditure | 200 |
| 8. Imports | 40 |
| 9. Net indirect tax | 100 |
| 10. net domestic capital formation | 300 |
GDP at MP = ₹ 1035 crore
22. Calculate national income from the following data:-
| Items | (₹ in crore) |
| 1. Gross Domestic capital formation | 100 |
| 2. Net change in stocks | 10 |
| 3. Consumption of fixed capital | 20 |
| 4. Private final consumption expenditure | 500 |
| 5. Government final consumption expenditure | 200 |
| 6. Exports | 80 |
| 7. Imports | 70 |
| 8. Net indirect tax | 60 |
| 9. Net factor income received from abroad | – 10 |
NNP at FC = ₹ 720 crore
23. Calculate NNP at MP from the following data:-
| Items | (₹ in crore) |
| 1. Household final consumption expenditure | 1000 |
| 2. Net domestic fixed capital formation | 100 |
| 3. Government final consumption expenditure | 200 |
| 4. Final consumption expenditure of private non-profit institutions serving households | 50 |
| 5. Net change in stocks | 40 |
| 6. Net exports | – 20 |
| 7. Net factor income from abroad | 10 |
| 8. Indirect tax | 70 |
| 9. Subsidies | 20 |
NNP at MP = 1380 crore
24. Calculate GNP at MP from the following data:-
| Items | (₹ in crore) |
| 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 exports | – 5 |
| 8. Net indirect tax | 30 |
| 9. Net factor income from abroad | – 10 |
GNP at MP = ₹ 2535 crore
25. Calculate NVA at FC from the following data:-
| Items | (₹ in crore) |
| 1. Indirect tax | 60 |
| 2. Closing stock | 100 |
| 3. Sales | 1000 |
| 4. Intermediate cost | 420 |
| 5. Opening stock | 80 |
| 6. Consumption of fixed capital | 50 |
| 7. Subsidies | 10 |
NVA at FC = ₹ 550 crore
26. Find value added by firm X from the following data:-
| Items | (₹ in crore) |
| 1. Sales by firm X to firm Z | 200 |
| 2. Purchases by firm Y form firm X | 100 |
| 3. Sale by firm Z to firm X | 150 |
| 4. Closing stock of firm X | 40 |
| 5. Closing stock of firm Z | 30 |
| 6. Opening stock of firm X | 50 |
Value added by firm X = ₹ 140
27. A Farmer purchases ₹ 1,000 worth of seeds, ₹ 2000 worth of fertilisers, and pays ₹ 1500 as water charges to raise a wheat crop. He produces 50 quintals of wheat and sells the same at ₹ 200 per quintal. Calculate value added by the farmer.
Solution:-
farmer Value of Output = quantity * price = 50 * 200 = 10000
Intermediate consumption of farmer = seeds + fertilisers + water charges
Intermediate consumption of farmer = 1000 + 2000 + 1500
Intermediate consumption of farmer = 4500
Value added by farmer = Value of output – Intermediate consumption
Value added by farmer = 10000 – 4500
Value added by farmer = ₹ 5500
28. There are two firms A and B. A buys, ₹ 200 worth of raw materials from B. B buys ₹ 300 worth of raw materials from A. The value of total output of firm A is ₹ 1000 and that of B is ₹ 1,500. Find out value added by A and B. What measure of Value added is this?
Solution:-
Value added by firm A = value of output – purchase of raw material by firm A from B
Value added by firm A = 1000 – 200 = ₹ 800
Value added by firm B = Value of Output – purchase of raw material by firm B form A
Value added by firm B = 1500 – 300
Value added by firm B = ₹ 1200
29. Calculate NDP at factor cost:-
| Items | (₹ in crore) |
| 1. Net domestic fixed capital formation | 70 |
| 2. Private final consumption expenditure | 300 |
| 3. Exports | 20 |
| 4. Consumption of fixed capital | 10 |
| 5. Government final consumption expenditure | 100 |
| 6. Closing stock | 15 |
| 7. Imports | 30 |
| 8. Opening stock | 5 |
| 9. Net indirect tax | 80 |
| 10. Net factor income to abroad | – 10 |
NDP at FC = ₹ 390 crore
30. Calculate National Income:-
| Items | (₹ in crore) |
| 1. Net imports | 15 |
| 2. Net current transfers from abroad | 10 |
| 3. Goods and services tax (GST) | 30 |
| 4. Net change in stocks | 5 |
| 5. Net domestic capital formation | 60 |
| 6. Private final consumption expenditure | 350 |
| 7. Government expenditure on providing free services | 75 |
| 8. Depreciation | 10 |
| 9. Net factor income to abroad | – 15 |
| 10. Subsidies | 5 |
NNP at FC = ₹ 460 crore
31. Calculate NNP at MP:-
| Items | (₹ in crore) |
| 1. Gross domestic fixed capital formation | 80 |
| 2. Government final consumption expenditure | 150 |
| 3. Closing stock | 20 |
| 4. Private final consumption expenditure | 500 |
| 5. Net domestic capital formation | 70 |
| 6. Opening stock | 20 |
| 7. Net imports | – 30 |
| 8. Factor income paid to abroad | 15 |
| 9. Net indirect tax | 40 |
| 10. Factor income received from abroad | 10 |
NNP at MP = ₹ 745 crore
SOME OTHER QUESTIONS :-
| Q.1 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Final consumption expenditure | 500 |
| (ii) | Final investment expenditure | 600 |
| (iii) | Net exports | 300 |
| Q.2 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Private final consumption expenditure | 800 |
| (ii) | Government final consumption expenditure | 450 |
| (iii) | Gross domestic investment | 125 |
| (iv) | Net exports | 30 |
| Q.3 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Household final consumption expenditure | 7800 |
| (ii) | Public final consumption expenditure | 6700 |
| (iii) | Gross domestic capital formation | 4500 |
| (iv) | Exports | 3400 |
| (v) | Imports | 1200 |
| Q.4 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Private final consumption expenditure | 1200 |
| (ii) | Government final consumption expenditure | 2400 |
| (iii) | Gross domestic fixed capital formation | 3500 |
| (iv) | Change in stock | 600 |
| (v) | Exports-Imports | 700 |
| Q.5 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Total final consumption expenditure | 1000 |
| (ii) | Gross domestic fixed investment | 2000 |
| (iii) | Closing stock | 5000 |
| (iv) | Opening stock | 4000 |
| (v) | Net imports | 1000 |
| Q.6 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Private final consumption expenditure | 2400 |
| (ii) | Government final consumption expenditure | 2040 |
| (iii) | Gross business fixed investment | 4200 |
| (iv) | Gross public investment | 240 |
| (v) | Gross residential construction | 400 |
| (vi) | Change in inventory | 200 |
| (vii) | Net exports | 420 |
| Q.7 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Private final consumption expenditure | 31300 |
| (ii) | Government final consumption expenditure | 13300 |
| (iii) | Net domestic capital formation | 31100 |
| (iv) | Depreciation | 1300 |
| (v) | Net exports | (-)3100 |
| Q.8 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Household final consumption expenditure | 21400 |
| (ii) | Public final consumption expenditure | 21600 |
| (iii) | Net domestic fixed capital formation | 11200 |
| (iv) | Change in stock | 1100 |
| (v) | Net imports | 3100 |
| (vi) | Depreciation | 1200 |
| Q.9 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Household final consumption expenditure | 1400 |
| (ii) | Public final consumption expenditure | 1600 |
| (iii) | Net domestic fixed capital formation | 1200 |
| (iv) | Increase in stock | 800 |
| (v) | Net imports | (-)300 |
| (vi) | Consumption of fixed capital | 200 |
| Q.10 Calculate the GDP at MP by using the expenditure method. | ||
| S. No. | Items | Amount ₹ (in crores) |
| (i) | Total final consumption expenditure | 2400 |
| (ii) | Net business fixed investment | 2600 |
| (iii) | Net public investment | 1800 |
| (iv) | Net residential construction | 700 |
| (v) | Decrease in stock | 300 |
| (vi) | Depreciation | 200 |
| (vii) | Exports | 200 |
| (viii) | Imports | 500 |
| Answer Key | |
| Q.1 | GDP at MP = ₹1400 crores |
| Q.2 | GDP at MP = ₹1405 crores |
| Q.3 | GDP at MP = ₹21200 crores |
| Q.4 | GDP at MP = ₹8400 crores |
| Q.5 | GDP at MP = ₹3000 crores |
| Q.6 | GDP at MP = ₹9900 crores |
| Q.7 | GDP at MP = ₹73900 crores |
| Q.8 | GDP at MP = ₹53400 crores |
| Q.9 | GDP at MP = ₹5500 crores |
| Q.10 | GDP at MP = ₹7100 crores |