JKSSB Mock Tests

Which of the following is NOT included in the national income?

A. Income received by a household for the use of their land
B. Income received by a person for the use of his capital
C. Income received by a household for the use of their entrepreneurial skill
D. Income received by a person as a donation
Answer: Option D
Solution (By JKSSB Mock Tests Team)
Donations and gifts are considered transfer payments, which do not involve the production of new goods or services, and are therefore excluded from national income calculations.
This Question Belongs to: General knowledge mcqs Economics set 1

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