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Question : Which of the following incomes will not be included in the National Income Calculation?

Option 1: Commission income of a share broker

Option 2: Individual's income from share broker sale of shares

Option 3: Income of a joker in a circus company

Option 4: Income of a commercial artist


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Individual's income from share broker sale of shares


Solution : The correct answer is the Individual's income from the sale of shares by a broker.

National income only includes economic activity that is measurable and estimable in monetary terms. A housewife's revenue from selling shares through a broker is not included in the National Income until depreciation seeks to account for the entire amount of finished goods and services produced by ordinary citizens in a given fiscal year, as the labour of a homemaker is intangible. It represents the Net National Product (NNP) at factor cost (FC).

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