Question : Which of the following are the part of national income?
- Payment of interest by a government firms.
- Winning of a lottery prize.
- Internet on public debt.
- Gifts received from employer.
Option 1: Only 1
Option 2: Only 1&2
Option 3: 1,2&3
Option 4: 1,2,3&4
Answer (1)
25th Jan, 2024
Correct Answer: Only 1
Solution : The important points are-
- Payment of interest by a government firms- Interest for productive service.
- Winning of a lottery prize- donot add to flow of goods and services
- Internet on public debt- interst paid for consumption purpose.
- Gifts received from employer- transfer payments.
Hence, Option A is correct.
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