Macro

National Income

Easy

Personal Disposable Income (PDI) is calculated as:

PDI = GDP at factor costs - Personal tax payments - Non-tax payments

PDI = Personal Income – Personal tax payments – Non-tax payments

PDI = GDP at market price + Net factor income from abroad - Non-tax payments

PDI = Personal Income + Personal tax payments + Non-tax payments

✅ Correct Option: 2

Personal Disposable Income is the part of personal income actually available to households after compulsory payments to the government: $PDI = PI -$ personal tax payments $-$ non-tax payments (fines, fees etc.). It is not derived directly from GDP.

2025: 3 June Shift 1

Which of the following is added in the estimation of national income?

2024: 16 May

The value of Nominal GDP is USD 1100 and the value of Real GDP is USD 1000. Find the value of GDP deflator:

2022: 15 July Shift 2

What is the value of real GDP if nominal GDP is Rs.3300 crores and GDP deflator is 150.

2025: 29 May Shift 2

Arrange the following statements in the context of the calculation of Gross National Product at Market price.

(A) Add Net factor income from abroad.

(B) Calculate values of output.

(D) Deduct intermediate consumption.

Choose the correct answer from the options given below:

2026: 31 May Shift 1

	Firm-A	Firm-B
Intermediate consumption	10	20
Sales	50	75
Value added	?	?

From the above table, find the value added figure by Firm-B and Firm-A respectively.

2025: 13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Net National Product at Market Prices (NNP_MP)	(I) GNP_MP - Net Product Taxes - Net Production Taxes
(B) Gross National Product at Market Prices (GNP_MP)	(II) GDP at market prices
(C) Gross National Product at Factor Cost (GNP_FC)	(III) GNP_MP - Depreciation
(D) GVA at Market Prices	(IV) GDP_MP + NFIA

Choose the correct answer from the options given below:

Personal Disposable Income (PDI) is calculated as:

Solution

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