Question : Which of the following are not included in the national income?
Option 1: Capital loss
Option 2: Capital formation
Option 3: Brokers commission
Option 4: Expenditure incurred by a foreign tourist.
Answer (1)
8th Jan, 2024
Correct Answer:
Capital loss
Solution :
Capital loss like machinery destroyed by earthquake do not affect the national product directly.
Hence option A is correct.
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