Question

Q. While calculating the National Income, which of the following statements are not considered?

Select the correct answer using the code given below:

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

Answer 1

The correct option is D

1, 2 and 3
Explanation:

None of the above items are considered while calculating National Income.

Some of the items that are not included in the measurement of National Income are

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