Which of the following is not a factor payment? (Choose the correct alternative)
Which of the following is not a ‘factor payment’? (Choose the correct alternative)
(a) Free uniform to defence personnel
(b) Salaries to the Members of Parliament
(c) Rent paid to the owner of a building
(d) Scholarship given to the students
Anurag Pathak Changed status to publish December 5, 2023
Ans – d)
Scholarship given to the students is not a factor payment as no productive service or goods are provided against it.
Free uniform to defence personnel is the factor payment as they provide services to the nation against it.
Salaries to the members of parliament are the factor payment as they also provide services in return.
Rent paid to the owner of a building is a factor payment against the services availed of the building.
Anurag Pathak Changed status to publish December 5, 2023
