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Question : Any income arising from capital gains is not a part of_____________. 

Option 1: Transfer income

Option 2: Factor income.

Option 3: Domestic income

Option 4: National income.


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: Factor income.


Solution :

Capital gain refers to income from sale of second hand goods and financial assets. Any income arising from capital gains is not a part of factor income.
Hence, Option B is correct.

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