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Question : Which of the following are excluded from national income?

  1. Winning of a lottery prize.
  2. Transport expenses by a firm.
  3. Sale of bond by a company.
  4. 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 22nd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: 1,2,3&4


Solution : The important points are-

  1. Winning of a lottery prize- donot add to productive activity.
  2. Transport expenses by a firm- intermediate consumption
  3. Sale of bond by a company- donot add to productive activity
  4. Purchase of rented factory building by the factory owner- intermediate consumption

Hence, Option D is correct.

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