This question was previously asked in
Shift 28/05/2023 3:30 PM - 6:30 PM
Correct Answer
In the context of calculating the National Income of India, the following items are typically included:
(B) Payment of Income Tax: This represents a component of government revenue and is included in the national income as it reflects the government's income.
(D) Profits earned by an Indian company from its branch in France: This represents a part of the earnings of an Indian company, and it contributes to the national income.
(E) Purchase of a television set by a consumer household: This is a component of consumption expenditure and is part of the Gross Domestic Product (GDP), which is a key component of the national income calculation.
The other options:
(A) Donations given to a religious institution: This represents a transfer of funds and is not considered part of the national income.
(C) Scholarship given to students: Scholarships are also considered transfers and are not part of the national income.
So, the correct answer is (3) (D) and (E) Only.
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