Question : Personal disposable income (PDI) can be defined as ______.
Option 1: Personal Income (PI) + Personal tax payments + Non-tax payments
Option 2: Personal Income (PI) + Personal tax payments – Non-tax payments
Option 3: Personal Income (PI) – Personal tax payments – Non-tax payments
Option 4: Personal Income (PI) – Personal tax payments + Non-tax payments
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Personal Income (PI) – Personal tax payments – Non-tax payments
Solution : The correct answer is Personal Income (PI) - Personal tax payments - Non-tax payments.
Disposable income, also known as disposable personal income, refers to the money left over after income taxes are deducted for household consumption, savings, and expenditure. It is calculated to assess the general state of the national economy.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : An individual's actual standard of living can be assessed by
Question : Which of the following is added to the national income to obtain the personal income of the households?
Question : Which of the following sets of taxes belongs to the Central Government?
Question : Directions: If 1 * 2 = 1, 2 * 3 = –1 and 3 * 4 = –5, then find the value of 7 * 9 = ?
Question : Which type of tax acts as an automatic stabiliser in the economy?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile