Assertion (A): Factor income is a Bilateral Income
Assertion (A): Factor income is a Bilateral Income.
Reason (R): Factor income is earned for contributing to production process.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is True but Reason (R) is False
(d) Assertion (A) is False but Reason (R) is True
Anurag Pathak Changed status to publish December 6, 2023
Ans (a)
True, Factor income is a Bilateral Income and is received against providing factor services to the production process. The Assertion (A) and Reason (R) both are true and Reason is the correct explanation of Assertion (A).
Anurag Pathak Changed status to publish December 6, 2023
