Transfer payments are ______ income to get personal disposable income.

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Solution

The correct option is A
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Transfer payments are added to income to get personal disposable income.

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Similar questions

Q. Which of the following statements is/are correct regarding Personal Disposable Income (PDI)?

Select the correct answer using the codes given below

1 and 3 only
All of the above
1 and 2 only
2 and 3 only

From the following data, calculate Personal Income and Personal Disposable Income.

		Rs (crore)
(a)	Net Domestic Product at factor cost	8,000
(b)	Net Factor Income from abroad	200
(c)	Undisbursed Profit	1,000
(d)	Corporate Tax	500
(e)	Interest Received by Households	1,500
(f)	Interest Paid by Households	1,200
(g)	Transfer Income	300
(h)	Personal Tax	500

Q. Match the following groups:

Group A		Group B
1)	Income method	a)	Personal income – direct taxes
2)	Unemployment allowance	b)	Money value of goods and services
3)	Disposable Income	c)	Factor cost method
4)	National Income	d)	Personal income subsidy
5)	NNP_(MP)	e)	Transfer payment
		f)	GNP_(MP) - Depreciation
		g)	Output method
		h)	Transfer income

Net National Product at Factor Cost of a particular country in a year is Rs. 1900 crores. There are no interest payments made by the households to the firms/government to the households. The personal disposable income of the households is 1200 crores. The personal income taxes paid by them is 600 crores and the value of retained earnings of the firms and government is valued at 200 crores. What is the value of transfer payments made by the government and firms to the households?

From the following data, Calculate Personal Income and Personal Disposable Income.

$\begin{matrix} Rs (Crores) (a) Net Domestic Product at Factor Cost & 8, 000 (b) Net Factor Income from Abroad & 200 (c) Undistributed Profit & 1, 000 (d) Corporate Tax & 500 (e) Interest Received by Households & 1, 500 (f) Transfer Paid by Households & 1, 200 (g) Transfer Income & 300 (h) Personal Tax & 500 \end{matrix}$

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Transfer payments are ______ income to get personal disposable income.

The correct option is A Added to Transfer payments are added to income to get personal disposable income.

The correct option is A
Added to

Transfer payments are added to income to get personal disposable income.