Question:
Identify, which of the following items will not be included in estimating National Income of India.
Identify, which of the following items will not be included in estimating National Income of India.
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National Income includes only legal activities and official transactions.
Updated On: Jul 1, 2025
- Salary to Indian residents working at the Russian Embassy in India
- Income generated from smuggling
- Payments to farm workers in the form of foodgrains
- Interest paid by a firm to a bank
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The Correct Option is B
Solution and Explanation
\text{National Income includes the income of legal activities within a country.}
\text{Income generated from smuggling is illegal and hence does not count towards National Income.}
\text{Income generated from smuggling is illegal and hence does not count towards National Income.}
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