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.
Option 1: 1,2&3
Option 2: 2,3&4
Option 3: 1,3&4
Option 4: 1,2,3&4
Correct Answer: 1,2&3
Solution : The important points are-
- Imputed rent of self occupied houses- mixed income
- Free medical facilities by employer- employer contribution to soial security scheme.
- Purchase of taxi by taxi driver- private final consumption expenditure
- Transport expenses by a firm- intermediate consumption
Hence, Option A is correct.