Calculate the amount of subsidies, when the national income is ₹ 4,500 crore, Net National Product at Market Price is ₹ 4,800 crore and indirect…
CA Foundation · Business Economics · PYQS · May 2026
Calculate the amount of subsidies, when the national income is ₹ 4,500 crore, Net National Product at Market Price is ₹ 4,800 crore and indirect taxes is ₹ 350 crore.
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 50 crore
Topics: Determination of National Income
Related Questions in this Topic
- In the four-sector Keynesian model, the equilibrium income condition is:
- If, in the four-sector model, aggregate consumption and taxes are greater than aggregate income, it indicates that:
- Government of India recently launched ‘Make in India' programme. What will be its impact on Aggregate Demand of India?
- Which concept of national income best reflects economic welfare?
- Mixed income of self-employed includes: