Question : Which of the following are excluded from national income?
- Winning of a lottery prize.
- Transport expenses by a firm.
- Sale of bond by a company.
- Purchase of rented factory building by the factory owner.
Option 1: 1,2&3
Option 2: 2,3&4
Option 3: 1,3&4
Option 4: 1,2,3&4
Answer (1)
25th Jan, 2024
Correct Answer: 1,2,3&4
Solution : The important points are-
- Winning of a lottery prize- donot add to productive activity.
- Transport expenses by a firm- intermediate consumption
- Sale of bond by a company- donot add to productive activity
- Purchase of rented factory building by the factory owner- intermediate consumption
Hence, Option D is correct.
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