Which of the following is true in relation with Private Income under the concept of National Income?
CA Foundation · Business Economics · PYQS · May 2025
Which of the following is true in relation with Private Income under the concept of National Income?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. It is income (both factor and transfer income) accrued to the private sector from all sources within and outside the country.
Topics: Determination of National Income
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