Which of the following is a major difficulty in measuring national income in developing countries?
A. Absence of any informal economic activity
B. Presence of a large non-monetised and informal sector
C. Complete availability of reliable data for all activities
D. Uniform and comprehensive accounting practices
Answer: Option B
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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