Indian Economy MCQs

Q.  Which of the following are part of National income?

a. Value of all goods and services produced in a financial year
b. An reused good sold in that financial year
c. Service rendered by housewife
d. None of the above


ANSWER: See Answer
 
In the calculation of national income, the value of goods and services produced in a year is added. While the value of old sold goods and the services of the housewife is not added.
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