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:

CUET Economics 2022 Slot 2

Identify the correct statement from the following:

A. The Household's investing is not considered to be the cost of building a residence

B. Net factor revenue from overseas includes money from Exports

C. The sum of factor incomes equals the net value added

D. The assessment of national income takes into account the market value of both final and intermediate items

E. Profit earned by non-resident company in India is a part of domestic income of India

Choose the correct answer from the options given below:

16 May Shift 1

Which of the following correctly defines Gross National Product at Market Prices (GNPMP)?

14 May Shift 1

What are the main sources of demand in a closed economy?

CUET Economics PYQs