Question : Income of a doctor running a clinic at his residence is an example of ______________________.
Option 1: Mixed income
Option 2: Compensation of employees
Option 3: Income from property
Option 4: Income from entrepreneurship
Correct Answer: Mixed income
Solution : Mixed income is the income generated by own account workers. Example- Income of a doctor running a clinic at his residence. Hence, Option A is correct.
Question : Which of the following is correct?
Question : The components of income method includes-
Question : Which of the following is a part of compensation of employees?
Question : It is the outcome of a dynamic process of interaction between a person and his environment.
Question : The important indicator of economic development is increase in GDP. As income is generated in the production, entrepreneurship generate income through organisation of production. Which need for entrepreneurship is highlighted here?
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