Question

Q. Which of the following items are not included while calculating the National Income?

Select the correct answer using the codes given below:

• A.
  1 and 2 only
• B.
  1 and 4 only
• C.
  2 and 3 only
• D.
  1, 2, 3 and 4

Answer 1

The correct option is D

1, 2, 3 and 4
Explanation:
Some of the items that are not included in the measurement of National Income are as follows:

• Services of housewives (Care Economy)
• Black money
• Capital gains
• Transfer payments
• Goods made for self-use
• Old goods