Which of the following is a major challenge in the measurement of national income in developing countries?
A. Presence of a large non-monetised sector
B. Uniform accounting practices across all countries
C. Absence of the informal sector
D. Complete availability of data for all sectors
Answer: Option A
Solution (By JKSSB Mock Tests)
Developing countries face difficulties in measuring national income due to a large non-monetised (barter) sector, informal activities, lack of reliable data and underreporting.
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