Question : Which of the following are the part of national income?

1. Expenditure on education of children by a family.
2. Purchase of rented factory building by the factory owner.
3. Purchase of furniture by a firm.
4. Profit earned by branches of foreign bank in India.

Option 1: Only 1&3

Option 2: 2,3&4

Option 3: 1,3&4

Option 4: 1,2,3&4

Question : Which of the following are excluded from national income?

1. Winning of a lottery prize.
2. Transport expenses by a firm.
3. Sale of bond by a company.
4. Purchase of rented factory building by the factory owner.

Option 1: 1,2&3

Option 2: 2,3&4

Option 3: 1,3&4

Option 4: 1,2,3&4

Question : Which of the following are the part of national income?

1. Purchase of car by a household.
2. Gifts received from employer
3.  Royalty
4. Government expenditure on street lightning.

Option 1: 1,3&4

Option 2: 2,3&4

Option 3: 1,2,3&4

Option 4: 1,2&3

Question : Which of the following are the part of national income?

1. Earning of shareholders from the sale of shares.
2. Purchase of tractor by a farmer.
3. Brokers commission on sale of an old car.
4. Purchase of goods by foreign tourists.

Option 1: 1,2&3

Option 2: 1,3&4

Option 3: 2,3&4

Option 4: 1,2,3&4

Question : Which of the following are the part of national income?

1. Imputed rent of self occupied houses.
2. Free medical facilities by employer.
3. Purchase of taxi by taxi driver.
4. Transport expenses by a firm.

Option 1: 1,2&3

Option 2: 2,3&4

Option 3: 1,3&4

Option 4: 1,2,3&4