Question : Which of the following is added to the national income to obtain the personal income of the households?
Option 1: Net interest payments
Option 2: Transfer payments from the government and firms
Option 3: Undistributed profits
Option 4: Corporate tax
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Correct Answer: Undistributed profits
Solution : The correct answer is Undistributed profits.
Deducting undistributed corporate earnings, profit taxes, and employee contributions to social security programmes from the national income yields personal income. It does not include unreported corporate profits.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates BrochureYour Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.