Q. 18

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Answer :

Private income = NDPFC accruing private sector + NFIA + Interest on National Debt + Current transfers from Govt. + Current transfers from rest of the world.


= 8000 + 200 + 300


= 8500


Personal Income = private income – undistributed profits – corporate tax


= 8500 – 1000 – 500


= 7000 (Answer)


Personal disposable income = personal income – direct taxes - miscellaneous receipts of government


= 7000 – 500 – (1200 – 1500)


= 7000 – 500 – (- 300)


= 6800 (Answer)


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