Question : Which of the following precautions are taken while calculating national income from income method?
Option 1: Transfers income are not included in the national income.
Option 2: Income from sale of secondhand goods will not be included.
Option 3: Income from sale of shares, bonds and debentures will not be included.
Option 4: All of the above.
Correct Answer: All of the above.
Solution :
Question : Which of the following are the precautions of calculating national income through expenditure method?
Question : Which of the following are the precautions of value added method?
Question : Which of the following incomes will not be included in the National Income Calculation?
Question : While using the income method to compute national income, which of the following is not to be included? A) Income from lottery B) Brokerage on sale and purchase of shares C) Income from illegal activities like gambling
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile