Multiple Choice Questions on The National Income of a country for a given period includes ........ for UPPCS Exam Preparation

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Multiple Choice Questions

The National Income of a country for a given period includes ........

Indian Economic System(UPPCS) Growth and development
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    The National Income of a country for a given period includes:

    Consumption and investment expenditure incurred by the government.

    Incorrect Answer

    Consumption and investment expenditure incurred by citizens abroad.

    Incorrect Answer

    Consumption and investment expenditure incurred by the private sector. 

    Incorrect Answer

    All of the above b

    Correct Answer
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    Explanation:

    All of the above

    • National Income is defined as the total monetary value of all goods and services produced within a country during a given period of time.
    • It is an important indicator of the economic activities that are taking place within a nation.

    By: Parvesh Mehta
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