Question : Which of the following should be included in national income based on the income method?
Option 1: Capital gains from the sale of stocks
Option 2: Government subsidies to farmers
Option 3: Transfer payments to unemployed individuals
Option 4: Income earned by foreign investors in the country
Correct Answer: Government subsidies to farmers
Solution : The correct answer is (b) Government subsidies to farmers
Government subsidies to farmers are considered a part of the income earned by the farmers and are included in the calculation of national income. These subsidies represent a transfer of funds from the government to the farmers and are considered as part of their income.
Question : Which of the following is included in the calculation of GDP?
Question : Which of the following is not included in the calculation of national income?
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