Question : National income is generated from:
Option 1: any money-making activity
Option 2: any laborious activity
Option 3: any profit-making activity
Option 4: any productive activity
Correct Answer: any laborious activity
Solution : The correct answer is any laborious activity .
It is income generated by anyone in the country. The person who earns money is the labour, they contribute their income, which is termed national income. The sources of national income include wages and salary, government transfer, dividends, capital gains, rent, self-employment, etc.
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