✓ Board-verified↻ asked 3×
Economics · 2026 · 3 marks
National Income AccountingCircular Flow of Income and Methods of Calculating National Income3 marksApplyshort answer
CBSE 2026 · Region 5 · Set 1 · Q11
Estimate the value of ‘Income from Property and Entrepreneurship’ on the basis of the given data :
S. No. Items Amount (in ₹ crore) (i) Wages and salaries $\displaystyle 1,300$ (ii) Rent $\displaystyle 700$ (iii) Employer’s contribution to social security schemes $\displaystyle 300$ (iv) Royalty $\displaystyle 200$ (v) Corporate tax $\displaystyle 100$ (vi) Interest $\displaystyle 350$ (vii) Consumption of fixed capital $\displaystyle 50$ (viii) Dividends $\displaystyle 150$ (ix) Savings of private corporate sector $\displaystyle 200$
| S. No. | Items | Amount (in ₹ crore) |
| (i) | Wages and salaries | $\displaystyle 1,300$ |
| (ii) | Rent | $\displaystyle 700$ |
| (iii) | Employer’s contribution to social security schemes | $\displaystyle 300$ |
| (iv) | Royalty | $\displaystyle 200$ |
| (v) | Corporate tax | $\displaystyle 100$ |
| (vi) | Interest | $\displaystyle 350$ |
| (vii) | Consumption of fixed capital | $\displaystyle 50$ |
| (viii) | Dividends | $\displaystyle 150$ |
| (ix) | Savings of private corporate sector | $\displaystyle 200$ |
Marking-scheme solution
Income from Property and Entrepreneurship = (ii) + (iv) + (vi) + (v) + (ix) + (viii)
= $\displaystyle 700$ + $\displaystyle 200$ + $\displaystyle 350$ + $\displaystyle 100$ + $\displaystyle 200$ + $\displaystyle 150$
= ₹ $\displaystyle 1,700$ crore
More from National Income Accounting
- Income generated from Aircrafts of Air India operating between Canada and England would be added to the…2026 · asked 3×
- Read the following passage carefully: The domestic product measures the value of all goods and services…2026 · asked 3×
- Read the following statements carefully: Statement I: Positive externalities refer to the benefits a firm/an…2026 · asked 3×
- Following are the steps to measure National Income (NNP FC ) by Value Added method: (i) Calculate Domestic…2026 · asked 3×
- Read the following Flow chart carefully and choose the correct option:2026 · asked 3×
- Read the following statements carefully: Statement 1: Final goods are those goods which normally lose their…2026 · asked 3×
- On the basis of the given table, estimate the value added by the Baker. (Amount in ₹ crore) Farmer Baker ---…2026 · asked 3×
- Identify the variable(s) which may add to the future productive capacity of an economy: I. Raw material II.…2026 · asked 3×
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.