National income includes:

Old age pensions

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Money sent by an NRI to his family in India

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None of the above

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Transfer payments from the rest of the world

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Solution

The correct option is C
None of the above

National income includes none of the given options.

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Similar questions

(a) Why are pensions included in national income but not old age pensions ?

(b) Calculate gross domestic product at market price using production method and income method:

How do you distinguish between old-age pension and retirement pensions in the context of estimation of national income?

Q42. Which of the following is/are part of National Social Assistance Programme (NSAP)?

1. Indira Gandhi National Old Age Pension Scheme (IGNOAPS)

2. Indira Gandhi National Widow Pension Scheme (IGNWPS)

3. Indira Gandhi National Disability Pension Scheme (IGNDPS)

4. National Family Benefit Scheme (NFBS)

Which of the above statement(s) is/are correct?

RBI allows NRIs to subscribe to National Pension System enabling them access old age income security. Which of the following statement is wrong?

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