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CBSE 2023 Class 12 Economics Delhi Set 1

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Question : 24
Total: 49
Calculate the value of Domestic Income from the following data:
 S.No.  Particulars  
 (i)  Rent and Royalties  1,300
 (ii)  Net Indirect Taxes  200
 (iii)  Wages & Salaries (in cash& in kind)  1,700
 (iv)  Corporate Tax  400
 (v)  Depreciation  400
 (vi)  Retained Earnings  300
 (vii)  Dividends  400
 (viii)  Net Factor Income fromAbroad  (-)120
 (ix)  Mixed Income of SelfEmployed  1,400
 (x)  Change in Stock  (-)200
Solution:  
Domestic Income (NDPFC)= ?
Solution:
NDPFC= Compensation of Employees + Operating Surplus + Mixed Income =1700+2400+1400=4500 crore
Compensation of Employees = Wages and salaries (in cash and in kind) =1700 crore
Operating Surplus = Rent and Royalties + Interest + Profit =1300+0+1100=2400‌ crore ‌
Profit = Corporate Tax + Retained earnings + Dividend
=400+300+400=1100‌ crore ‌
Mixed Income of self- employed =1400 crore
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