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.
Which of the following is not a “Document ” as per Indian Evidence Act, 1872?
A Civil Court has power to issue Commissions for?
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