Which of the following is not considered a factor income?
Which of the following is not considered a factor income?
(a) Rent
(b) Wages
(c) Gifts from abroad
(d) Profit
Anurag Pathak Changed status to publish November 18, 2023
Ans – (c)
Explanation:-
Gifts from abroad is considered as a transfer payment as no services and goods are provided against it. Thus it is not a a factor income.
Anurag Pathak Changed status to publish November 18, 2023
