Question : Transfer income is a part of __________________.
Option 1: National income
Option 2: Domestic income
Option 3: Both national and domestic income.
Option 4: Neither national nor domestic income
Correct Answer: Neither national nor domestic income
Solution :
Question : Which of the following explains the correct relationship?
Option 1: NFIA= National- Current Income.
Option 2: NFIA= Domestic + National Income
Option 3: NFIA= National - Domestic
Option 4: NFIA= Transfer + Domestic income
Question : Factor income is a part of _______________.
Option 1: Domestic income
Option 2: National income
Option 3: Both A and B
Option 4: None of the above.
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.
Question : NFIA is negative, when ______________________________.
Option 1: Domestic income exceeds national income.
Option 2: Domestic income is less then national income.
Option 3: Domestic income is equal to national income.
Question : The sum total of all the factor income and within the domestic territory of a country is known as ___________________.
Option 2: Current income
Option 3: Domestic income.
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