Which of the following factor of production is not included in calculating the National Income?

CA Foundation · Business Economics · PYQS · January 2026
Which of the following factor of production is not included in calculating the National Income?
(A) A. Pensions of retired workers
(B) B. Wages of labourers
(C) C. Employers' contribution to provident fund
(D) D. Interest on loans availed for productive services

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Pensions of retired workers

Topics: Determination of National Income

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