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

  1. Imputed rent of self occupied houses.
  2. Free medical facilities by employer.
  3. Purchase of taxi by taxi driver.
  4. 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


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: 1,2&3


Solution : The important points are-

  1. Imputed rent of self occupied houses- mixed income
  2. Free medical facilities by employer- employer contribution to soial security scheme.
  3. Purchase of taxi by taxi driver- private final consumption expenditure
  4. Transport expenses by a firm- intermediate consumption

Hence, Option A is correct.

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