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CBSE CLASS XII

Economics

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Q.31. State whether the following are true or false. Give reasons. 6

  1. Capital formation is a flow.
  2. Remittances from abroad are included in estimation of GNP.
  3. Services are intermediate goods.

Q.32. Calculate NDPFC and GNDI.

  Items Rs. in Crores
1. Net Current Transfers from Row - 5
2. Private Final consumption expenditure 250
3. NFIA 15
4. Govt. Final consumption expenditure 50
5. Consumption of fixed capital 25
6. Net exports - 10
7. Subsidies 10
8. Net Domestic Capital Formation 30
9. Indirect Tax 20

OR

Calculate NI by (i) income method (ii) expenditure method.

  Items Rs. in Crores
1. Net Domestic Capital formation 360
2. Interest 200
3. Rent 300
4. Private Final consumption expenditure 1300
5. Govt. final consumption expenditure 730
6. Net Exports - 20
7. Net Indirect Taxes 70
8. Net Current transfers from Row 80
9. Consumption of fixed capital 60
10. NFIA - 50
11. Profits 600
12. Compensation of Employees 1200


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