CUET Economics - Which of the following will be included in national income, while using the income method to calculate the same:- (Choose the correct option) | PYQs + Solutions

CUET Economics

Macro

Medium

National debt interest.

Interest paid on a loan taken by a household from a bank to buy a car.

Interest received on debentures of a firm bought by a household

Interest paid on a loan taken by a employee from his employer.

✅ Correct Option: 3

Related questions:

22 May Shift 2

Nation Income – Undistributed profits – Net interest payments made by households – Corporate tax + Transfer payments to the households from the government and firms, is ______

15 May Shift 1

From the following, find the right sequence for measuring National Income by Value Added Method:

(A) Subtract the value of depreciation and net indirect taxes and add net factor income from abroad to arrive at national income.

(B) Estimate the sum total value of output in the primary, secondary and tertiary sectors in the economy.

(C) Estimate the value added of each sector by subtracting intermediate consumption from the value of output for every sector.

(D) Calculate gross value added as the sum of value added of the three sectors.

28 May Shift 2

Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.

(A) Gross Domestic Investment.

(B) Private Final Consumption Expenditure.

(D) Net Exports.

Choose the correct answer from the options given below:

CUET Economics PYQs

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