Statement 1: In National Income Accounts, interest income includes interest on loans taken for both productive as well as consumption purpose.

Statement 2: Interest income includes only the actual interest and not the imputed interest of funds provided by the entrepreneur.


(a) Both the Statements are true

(b) Both the Statements are false

(c) Statement 1 is true and Statement 2 is false

(d) Statement 2 is true and Statement 1 is false

Anurag Pathak Changed status to publish December 10, 2023
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