Which one is included in National Income?
Which one is included in National Income?
(a) Winning from Lottery
(b) Milk purchase by a dairy shop
(c) National Debt Interest
(d) None of these
Anurag Pathak Changed status to publish December 13, 2023
Ans – (d)
Explanation:-
Winning from lottery does not add to the current flow of goods and services.
Milk purchased by a dairy shop is the intermediate consumption and is not included in the national income.
National Debt interest is the interest on loan taken by the government for consumption purpose. The interest paid on the load taken for consumption prupose is not included in the national income.
Anurag Pathak Changed status to publish December 13, 2023