Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Personal income of households can be calculated in which of the following ways?

Options:

National income + Undistributed profits - Net interest payments - Corporate tax + Transfer payments from the government and firms

National income - Undistributed profits - Net interest payments - Corporate tax + Transfer payments from the government and firms

National income - Undistributed profits + Net interest payments - Corporate tax - Transfer payments from the government and firms

National income - Undistributed profits - Net interest payments - Corporate tax - Transfer payments from the government and firms

Correct Answer:

National income - Undistributed profits - Net interest payments - Corporate tax + Transfer payments from the government and firms