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

Question

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

Team Careers360 · Accepted Answer

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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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&3Option 2: 2,3&4Option 3: 1,3&4Option 4: 1,2,3&4

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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

Question : Which of the following are the part of national income?

Expenditure on education of children by a family.

Purchase of rented factory building by the factory owner.

Purchase of furniture by a firm.

Profit earned by branches of

Question : Which of the following are the part of national income?

Imputed rent of self occupied houses.

Free medical facilities by employer.

Purchase of taxi by taxi driver.

Transport expenses by a firm.

Question : Which of the following are the part of national income?

Earning of shareholders from the sale of shares.

Purchase of tractor by a farmer.

Brokers commission on sale of an old car.

Purchase of goods by foreign tourists.

Question : Which of the following are the part of national income?

Dividend received by shareholders.

Addition to stock during a year.

Services of a school teacher.

Profit earned by foreign companies in India.

Question : Which of the following are the part of national income?

Purchase of car by a household.

Gifts received from employer

Royalty

Government expenditure on street lightning.