Question : Which of the following or not included in the national income?
Option 1: Sale and purchase of financial assets
Option 2: Payment of bonus
Option 3: Free services by government
Option 4: Capital formation
Answer (1)
25th Jan, 2024
Correct Answer:
Sale and purchase of financial assets
Solution : Sale and purchase of financial assets like shares, bonds, debentures do not contribute to current flow of goods and services. These financial assets are just paper claims and involves a change of title only.
Hence option A is correct.
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