Which of the following is a major difficulty in measuring national income in developing countries?
A. Presence of a large non-monetised and informal sector
B. Complete availability of reliable data for all activities
C. Uniform and comprehensive accounting practices
D. Absence of any informal economic activity
Answer: Option A
Solution (By JKSSB Mock Tests)
Developing countries face significant measurement challenges due to a large non-monetised sector, widespread informal activities, under-reporting and inadequate statistical systems.
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