Which of the following components, is NOT a part of compensation of employees, while estimating national income ? Option 1: Wages and salaries in cash Option 2: Rent free house Option 3: Term insurance plan by employee Option 4: Contribution to provident fund by company

The answer is 'Term insurance plan by employee'. View full solution:

CUET Economics - Which of the following components, is NOT a part of compensation of employees, while estimating national income ? | PYQs + Solutions

CUET Economics

Macro

Medium

Wages and salaries in cash

Rent free house

Term insurance plan by employee

Contribution to provident fund by company

✅ Correct Option: 3

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