Question

Non-economic activities are

A those activities whose value is excluded from national income calculation as it will involve double counting
B those which produce goods and services, but since these are not exchanged in a market transaction they do not command any market value
C those which do not involve production of goods and services as they are meant to provide hobbies and leisure time activities
D those which result in production for self consumption and therefore not included in national income calculation
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)