Which of the following statements is correct?

Personal disposable income can be used at will by households

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Personal disposable income cannot be used at will by households

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Personal disposable income includes fees and fines yet to be paid

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Personal disposable income includes direct taxes

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Solution

The correct option is A
Personal disposable income can be used at will by households

Personal disposable income can be used at will by households.

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Similar questions

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

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

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

From the following data calculate personal disposable income:

$\begin{matrix} (Rs in Crores) (i) & Net domestic product at factor cost accruing to private sector & 800 (ii) & National Debt interest & 50 (iii) & Current transfers from government & 70 (iv) & Savings of private corporate sector & 200 (v) & Corporation tax & 40 (vi) & Direct taxes paid by households & 30 (vii) & Depreciation & 60 (viii) & Net factor income from abroad & 20 (ix) & Net current transfers to abroad & (-) 10 \end{matrix}$

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

Mention the differences between Personal Income and Personal Disposable Income.

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Which of the following statements is correct?

The correct option is A Personal disposable income can be used at will by households Personal disposable income can be used at will by households.

The correct option is A
Personal disposable income can be used at will by households

Personal disposable income can be used at will by households.