Which of the following are considered as limitations for calculation of National Income?
A
Black Money
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B
Prevalence of Unorganised sector
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C
Domestic labour
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D
All of the above
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Solution
The correct option is D All of the above <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
Black Money and Unorganized sector make it difficult to calculate National Income. Domestic labour is unpaid labour which is not accounted for under the National income calculation methods. Thus all the three aspects hinder proper accounting of National income.