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Economics · 2026 · 3 marks
National Income AccountingCircular Flow of Income and Methods of Calculating National Income3 marksApplyshort answer
CBSE 2026 · Region 2 · Set 1 · Q11
Calculate compensation of employees from the data given below :
S. No. Particulars Amount (in ₹ crore) (i) Interest $\displaystyle 45$ (ii) Profits after tax $\displaystyle 20$ (iii) Consumption of fixed capital $\displaystyle 50$ (iv) Gross Domestic Product at market price (GDP$\displaystyle _{MP}$) $\displaystyle 200$ (v) Rent $\displaystyle 25$ (vi) Corporate tax $\displaystyle 5$ (vii) Goods and Services tax $\displaystyle 10$
| S. No. | Particulars | Amount (in ₹ crore) |
| (i) | Interest | $\displaystyle 45$ |
| (ii) | Profits after tax | $\displaystyle 20$ |
| (iii) | Consumption of fixed capital | $\displaystyle 50$ |
| (iv) | Gross Domestic Product at market price (GDP$\displaystyle _{MP}$) | $\displaystyle 200$ |
| (v) | Rent | $\displaystyle 25$ |
| (vi) | Corporate tax | $\displaystyle 5$ |
| (vii) | Goods and Services tax | $\displaystyle 10$ |
Marking-scheme solution
Net Domestic Product at Factor Cost (NDP$\displaystyle _{FC}$) = (iv) - (iii) - (vii)= $\displaystyle 200$ – $\displaystyle 50$ – $\displaystyle 10$= ₹ $\displaystyle 140$ croreNDP$\displaystyle _{FC}$ = Compensation of Employees + (v) + (i) + (vi) + (ii)Compensation of Employees = $\displaystyle 140$ – $\displaystyle 25$ – $\displaystyle 45$ – $\displaystyle 5$ – $\displaystyle 20$= ₹ $\displaystyle 45$ crore
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CBSE Class 12 Economics past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.