Assertion (A): Scholarship is not included while computing National Income
Assertion (A): Scholarship is not included while computing National Income.
Reason (R): Transfer income does not contribute to current flow of goods and services.
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 10, 2023
Ans – (a)
Scholarship are transfer payment as receiver does not provide any productive services against it. It does not contribute to any current flow of goods and services in the economy.
Thus Assertion (A) and Reason (R) is true and Reason (R) is the correct explanation of Assertion (A).
Anurag Pathak Changed status to publish December 10, 2023
