Answer:
The correct option is
Private Income = Net Domestic Product + NFIA + Transfer payment + Interest received
= 8,000 + 200 + 300 + 1,500 = 10,000 crores
Personal Income = Private Income - Undistributed Profit - Corporate tax
= 10,000 - 1,000 - 500 = 8,500 crores
Personal Disposal Income = Personal Income - Direct Tax - Interest paid
= 8,500 - 500 - 1,200 = 6,800 crores
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Answers & Comments
Answer:
The correct option is
Private Income = Net Domestic Product + NFIA + Transfer payment + Interest received
= 8,000 + 200 + 300 + 1,500 = 10,000 crores
Personal Income = Private Income - Undistributed Profit - Corporate tax
= 10,000 - 1,000 - 500 = 8,500 crores
Personal Disposal Income = Personal Income - Direct Tax - Interest paid
= 8,500 - 500 - 1,200 = 6,800 crores