Question

Which of the following items is not included in national income because it is a transfer payment?

• A. All of these
• B. Repatriation of wages earned by the NRIs to their parents in india
• C. Excise duty on domestic production
• D. Receipt of birthday gift cheque sent by your parents settles abroad

Answer 1

The correct option is A

All of these

All the given options are transfer payments and hence are not included in national income.