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.
Option 1: 1,2&3
Option 2: 1,3&4
Option 3: 2,3&4
Option 4: 1,2,3&4
Correct Answer: 2,3&4
Solution : The important points-
- Earning of shareholders from the sale of shares- financial claim and doesnot add to productive activity.
- Purchase of tractor by a farmer- capital formation
- Brokers commission on sale of an old car- Domestic factor income.
- Purchase of goods by foreign tourists- Private final consumption expenditure
Hence, Option C is correct.