Question : In a given year, the national income is INR 9,000 crore, compensation of employees is INR 4,500 crore, wages and salaries in cash is INR 1,800 crore, rent is INR 900 crore, corporate tax is INR 1,000 crore, and dividend is INR 300 crore. What is the operating surplus in this case?
Option 1: INR 2,000 crore
Option 2: INR 2,200 crore
Option 3: INR 2,500 crore
Option 4: INR 1,500 crore
Correct Answer: INR 1,500 crore
Solution : The correct answer is (D) INR 1,500 crore
To calculate the operating surplus in this case, we need to subtract the compensation of employees, wages and salaries in cash, rent, corporate tax, and dividend from the national income.
Operating Surplus = National income - Compensation of employees - Wages and salaries in cash - Rent - Corporate tax - Dividend
National income = INR 9,000 crore
Compensation of employees = INR 4,500 crore
Wages and salaries in cash = INR 1,800 crore
Rent = INR 900 crore
Corporate tax = INR 1,000 crore
Dividend = INR 300 crore
Substituting the values into the formula:
Operating Surplus = INR 9,000 crore - INR 4,500 crore - INR 1,800 crore - INR 900 crore - INR 1,000 crore - INR 300 crore
Operating Surplus = INR 1,500 crore
Therefore, the operating surplus in this case is INR 1,500 crore.