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CUET Economics 2022 PYQs30 Aug Shift 2. Free, no login required.

Macro

past year questions, CUET Economics 2022 30 Aug Shift 2

National Income

past year questions, Macro, CUET Economics 2022 30 Aug Shift 2

Medium

Identify which of the following are included in National Income ?

(A) Gifts from abroad

(B) Compensation of employees paid by a company located in India

(C) Prize won in a lottery

(D) Purchase of NCERT textbook by a student

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 4

Compensation of employees (B) is a factor income, included in National Income. Purchase of NCERT textbook (D) is final consumption expenditure, included in National Income. Gifts from abroad (A) are transfer payments, and lottery prize (C) is a windfall gain, both excluded. Hence (B) and (D) only.

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Which of the following options related to the aggregates of national income is correct?

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