Question
Which of the following transaction is being ignored
while calculating national income?Solution
While computing national income using the income approach, transfer payments such as gifts and donations and profits from the sale of pre-owned goods are excluded. As such sale of land or sale of shares and debentures is not considered while calculating national income.
The World Day Against Child Labour is observed on which date?
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Consider the following statements about the 1929 Lahore Congress Session:
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(II) It declared �...
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