MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

NDP and NNP

Which of the ...

Question

Which of the following is not considered a factor income?

A

Rent

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Wages

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Gifts from abroad

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

Profit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Gifts from abroad
Gifts from abroad are a type of transfer payments which do not create any additional output or income in the economy, hence, they are not a type of factor income.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Useful life of a depreciable asset should be estimated after considering certain factors. Which of the following factors is not mentioned by Accounting Standard-6 ?

Q. Which of the following was NOT considered an important factor in the rise of suburbia after World War II?

Q. Which of the following is considered as hypoglycemic factor?

Q. Consider the following arguments:
Statement 1: Land as a factor of production does not have any reward.
Statement 2: Natural resources apart from land are a factor of production.
Which of the following are correct?

Q. From the given examples which of the following is/are not considered as vegetable fibre?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

NDP and NNP

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon