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

  1. Payment of interest by a government firms.
  2. Winning of a lottery prize.
  3. Internet on public debt.
  4. Gifts received from employer.

 

Option 1: Only 1

Option 2: Only 1&2

Option 3: 1,2&3

Option 4: 1,2,3&4


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Only 1


Solution : The important points are-

  1. Payment of interest by a government firms- Interest for productive service.
  2. Winning of a lottery prize- donot add to flow of goods and services
  3. Internet on public debt- interst paid for consumption purpose.
  4. Gifts received from employer- transfer payments.

Hence, Option A is correct.

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