Question : Which of the following are true?
Interest income does not includes
- Interest paid by one firm to another.
- Interest paid by government on public debt.
- Interest paid by consumers on loans for consumption purpose.
Option 1: Only 1&2
Option 2: Only 2&3
Option 3: Only 1&3
Option 4: !,2&3
Answer (1)
23rd Jan, 2024
Correct Answer: !,2&3
Solution : Interest income does not includes
- Interest paid by one firm to another.
- Interest paid by government on public debt.
- Interest paid by consumers on loans for consumption purpose.
Hence, Option D is correct.
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